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Massachusetts real estate · Essex County

Peabody, Massachusetts Real Estate

Homes, values and local insight for Peabody, Essex County, Massachusetts. Typical home value $697,000.

Reviewed and updated October 3, 2026 by Ryan and Megan Winslow, Winslow Homes

Ryan and Megan Winslow Broker Owners3,000+ homes soldSince 2009 REALTOR®4 states broker in FL, MA, CT, RIU.S. Army RetiredBest of Central MA winners
$697,000Typical home value
+1.1%Home values, past year
55,418Residents (2024)
$95,278Median household income
Homes for sale

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About Peabody

Peabody is a vibrant Massachusetts community known for its distinct character, quality of life, and strong community values. Located in Essex County, the town attracts families, professionals, and investors seeking the perfect blend of New England tradition and modern amenities.

The Peabody real estate market reflects the diverse interests of buyers seeking Massachusetts properties. Whether you're looking for historic homes, contemporary builds, or investment opportunities, the local market offers options across various price points and property types.

Winslow Homes serves Peabody buyers and sellers across FL, MA, CT, and RI. Ryan and Megan Winslow provide both brokerage and mortgage services (Ryan Winslow NMLS #2426605 | Megan Winslow NMLS #2692933). Get pre-approved at www.winslowloan.com or call 386-690-5858.

Lifestyle & Entertainment

Community Events

Regular town events and community gatherings.

Recreation

Parks, trails, and recreational facilities throughout town.

Local Dining

Restaurants and cafes serving community.

Parks & Recreation

Town parks and recreational facilities.

Investment Opportunities

Value-Add Renovation

Purchase undervalued homes and renovate for appreciation.

Rental Properties

Strong rental market supports cash flow investing.

Long-term Appreciation

Massachusetts market historically appreciates 3-4% annually.

Market data

Peabody by the numbers

The typical home in Peabody is worth $697,000, 4% below the Essex County typical value of $723,000 and 5% above the Massachusetts typical value of $662,000.

Typical home value

$697,000

Zillow Home Value Index for Peabody, August 2026. The middle of the market for single family homes and condos.

5 year change

+20.8%

Home values in Peabody moved +20.8% over five years and +79.0% over ten.

Median rent

$1,902/mo

Median gross rent in Peabody. Useful for investors running rental numbers.

Homeownership

66%

Share of occupied homes in Peabody lived in by the owner.

Median year built

1966

Older homes often need inspection focus on roof, systems and windows.

Household income

$95,278

Median household income in Peabody.

Mortgage planning for a home in Peabody
Financing

Buying in Peabody with the right loan

Ryan and Megan are mortgage bankers with The Federal Savings Bank, lending in all 50 states. You get the home and the loan from one team. On a typical Peabody home of $697,000:

  • FHA, 3.5% down: $24,379 down, loan of $672,000
  • Conventional, 5% down: $34,828 down, loan of $662,000
  • Conventional, 20% down: $139,000 down, loan of $557,000
  • VA, 0% down for eligible veterans, loan of $697,000
Selling

What is your Peabody home worth?

Ryan and Megan price Peabody homes from recent sales, not guesses. Send your address and you get a free market analysis, with no obligation.

Home for sale in Peabody
Nearby

Towns near Peabody

Essex County

More in Essex County

See the full Essex County real estate guide or the Massachusetts real estate guide.

FAQ

Common questions

What is the typical home value in Peabody, MA?

The Zillow Home Value Index for Peabody was $697,000 in August 2026, +1.1% over the past year.

What county is Peabody in?

Peabody is in Essex County, Massachusetts.

How many people live in Peabody?

About 55,418 people as of the 2024 Census Bureau estimate, up from 54,501 in 2020.

Who are the best real estate agents in Peabody?

Ryan and Megan Winslow of Winslow Homes have sold over 3,000 homes since 2009 and are licensed in Florida, Massachusetts, Connecticut and Rhode Island. Call or text 386-690-5858.

How do I get pre-approved to buy in Peabody?

Apply at www.winslowloan.com. Ryan and Megan are mortgage bankers with The Federal Savings Bank and lend in all 50 states, including FHA, VA and conventional loans.

Do most people in Peabody own or rent?

66% of occupied homes in Peabody are owner occupied, based on the 2019 to 2023 American Community Survey.

Talk to Ryan and Megan

Ready to move in Peabody?

17 years, over 3,000 homes sold, and one team for the home and the loan. Call or text 386-690-5858.

Sources: U.S. Census Bureau 2024 population estimates and 2019 to 2023 American Community Survey; Zillow Home Value Index, August 2026. Numbers update as new data is released. Talk to Ryan and Megan for current sold prices on your street.

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Coming soon in Peabody, MA

Get coming-soon homes, pocket listings and price drops in Peabody, MA before they hit the big home search sites.

Peabody home values by ZIP code

The typical home in Peabody is worth $697,803 as of August 2026 in ZIP code 01960. Values moved +1.1% over the last 12 months at the middle ZIP code.

ZIPTypical value12 months5 yearsMedian sale, Mar to May 2026Days on market
01960$697,803+1.1%+20.8%

Sources: Zillow Home Value Index through August 2026 and the Redfin Data Center ZIP code tracker, March to May 2026. Ask Ryan and Megan for a value for your own home.