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Central Peabody Downtown Gallows Hill (the Gallows) Needham Corner (Needham Corners) North Salem (N Salem) Northfields (North Fields) Peabody Civic Center Historic District (Peabody Civic Center) South Peabody (S Peabody) South Salem (S Salem) Washington Street Historic District (Washington Street) West Peabody (W. Peabody) Witchcraft Heights (Witchcraft Hts) Wyoma

PEABODY, MA 01960

Real Estate Market Report  ·  Essex County
Buyer's Market
July 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 01960

Central Peabody · Downtown · Gallows Hill (the Gallows) · Needham Corner (Needham Corners) · North Salem (N Salem) · Northfields (North Fields) · Peabody Civic Center Historic District (Peabody Civic Center) · South Peabody (S Peabody) · South Salem (S Salem) · Washington Street Historic District (Washington Street) · West Peabody (W. Peabody) · Witchcraft Heights (Witchcraft Hts) · Wyoma

Market Analysis

Data as of July 2026. Source: Realtor.com.

The PEABODY, MA real estate market (01960) currently shows 88 active listings, with 56 pending sales. Homes are averaging 35 days on the market before going under contract.

Inventory has increased compared to last year, with 46 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 35 days on market compared to 14 days last year.

The median listing price has risen 4.3% year-over-year, from $639,950 to $667,450.

Whether you are buying or selling in PEABODY, MA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 54,057  ·  Density: 1,303.2/mi²  ·  Median household income: $91,032

Typical home value: $513,639  ·  Homeownership: 65.3%

Market Overview

Active Listings
88
⇧ 109.5% vs 42 last year
Pending
56
64% pending ratio
Median Price
$667,450
⇧ 4.3% vs $639,950 last year
Average Price
$677,344
⇧ 4.7% vs $647,220 last year
Days on Market
35
⇧ 150% vs 14 days last year

Price Per Square Foot

Median $/sqft
$401
⇧ 0.8% vs $398/sqft last year
Median Home Size
1,642 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 88 this year vs 42 last year
  • Days on market: 35 now vs 14 last year

Median & Average Pricing

Year over Year
  • Median: $667,450 (+4.3% YoY)
  • Average: $677,344 (+4.7% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 9.7 miles — 210 listings ($224,820,859 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
01960Peabody, MA 019600.0 mi27$16,399,584$575,225$607,392
01923Danvers, MA 019233.0 mi16$16,177,040$638,000$1,011,065
01970Salem, MA 019703.8 mi48$31,372,080$565,975$653,585
01905Lynn, MA 019054.9 mi13$7,562,386$606,225$581,722
01901Lynn, MA 019015.2 mi5$1,919,490$386,750$383,898
01907Swampscott, MA 019075.2 mi18$16,352,424$790,500$908,468
01915Beverly, MA 019156.0 mi24$65,604,504$756,975$2,733,521
01984Wenham, MA 019846.5 mi6$11,967,792$2,181,225$1,994,632
01867Reading, MA 018676.8 mi19$18,694,841$837,250$983,939
01983Topsfield, MA 019837.3 mi3$3,232,500$1,112,000$1,077,500
01908Nahant, MA 019087.6 mi6$20,294,898$3,047,500$3,382,483
02148Malden, MA 021488.4 mi14$8,651,020$572,147$617,930
02149Everett, MA 021499.7 mi11$6,592,300$573,950$599,300

Frequently Asked Questions

How many homes are for sale in PEABODY, MA 01960?

As of July 2026, there are 88 active listings in PEABODY, MA (zip code 01960), compared to 42 the prior year.

What is the median home price in PEABODY, MA 01960?

The median listing price in PEABODY, MA 01960 is $667,450 as of July 2026, a 4.3% increase from $639,950 the prior year.

How long do homes stay on the market in PEABODY, MA?

Homes in PEABODY, MA 01960 spend an average of 35 days on the market before going under contract, compared to 14 days the prior year.

Is it a seller's or buyer's market in PEABODY, MA 01960?

Based on current inventory and days-on-market data as of July 2026, PEABODY, MA 01960 is currently a Buyer's Market. Inventory has increased compared to last year, with 46 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 35 days on market compared to 14 days last year.

How much can I save on real estate commission in PEABODY, MA?

With SELL123.com's maximum 3% commission, sellers in PEABODY, MA 01960 save an estimated $13,349 compared to a typical 5% commission on the median listing price of $667,450. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.