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HELLOCONDO BUYER'S BRIEF

Condos in Peabody Neighborhood Nine Cambridge, MA

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Star IconWhat to know
  • The Peabody/Neighborhood Nine area has a diverse range of residents, with a notable concentration of individuals aged 35 to 39 who earn up to $160,647. This age group reflects a vibrant community of young professionals and established families.
  • The largest demographic group is comprised of individuals aged 35 to 39, providing a dynamic atmosphere that is appealing to young professionals.

Market Overview

AVG. DAYS ON MARKET
71
Trending Up14.55% year over year
AVG. SOLD PRICE
$1,151,871
Trending Up4.28% year over year

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Frequently Asked Questions About Cambridge, MA

What is it like to live in Peabody / Neighborhood Nine, Cambridge, MA?

Living in Peabody / Neighborhood Nine offers a mix of residential spaces and local amenities, including parks, schools, and shops. The area is known for its family-friendly environment and access to public transportation, making it convenient for commuting. Residents value the community feel while being close to the cultural and educational resources of Cambridge.

Is Peabody / Neighborhood Nine, Cambridge, MA expensive?

Peabody / Neighborhood Nine is characterized by a higher cost of living compared to the national average, primarily due to its proximity to prestigious universities and employment centers. Housing costs in this neighborhood are significant, with median home prices and rents often reflecting the affluent nature of Cambridge. Overall, it is considered an expensive area within the Greater Boston market.

What is the weather of Peabody / Neighborhood Nine, Cambridge, MA?

Peabody / Neighborhood Nine experiences a humid continental climate, characterized by cold winters and warm, humid summers. Average winter temperatures can drop to the low 20s°F, while summer highs often reach the upper 80s°F. Precipitation is relatively evenly distributed throughout the year, with snowfall common from December to February.

How safe is Peabody / Neighborhood Nine, Cambridge, MA?

Peabody / Neighborhood Nine in Cambridge is generally considered a safe area, with crime rates lower than the national average. The neighborhood benefits from active community policing and a strong sense of neighborhood watch. Residents report feeling secure walking and using public spaces.