Peabody, MA Condo Market Report (In last 12 months)
Avg. List Price
$468,871
($379/Sqft.)
Year-Over-Year List Price
0.52%
Total Listings
76
Avg. Days on Market
56
Avg. Sale Price
$473,593
($380/Sqft.)
Year-Over-Year Sale Price
1.23%
Total Sold
73
Avg. HOA Fees/Sqft.
($4/monthly)
Avg. List Price
$468,871
($379/Sqft.)
Year-Over-Year List Price
0.52%
Peabody, MA Condo Market Overview
Discover the inviting charm of Peabody, where suburban tranquility meets urban convenience. This picturesque community is home to a diverse condo market that caters to all lifestyles, from chic modern developments to cozy, affordable units nestled in friendly neighborhoods. The vibrant downtown area is bursting with local eateries, shops, and cultural gems, making it an ideal hub for those seeking both leisure and convenience. Enumeration of scenic parks and nature trails, such as the stunning Peabody Common, offers residents the perfect backdrop for outdoor activities. Enjoy breathtaking views from high-rise condos that overlook the lush greenery, or retreat to the warmth of townhome-style properties in residential enclaves like West Peabody. With an array of amenities, including fitness centers and community spaces, living here means embracing a fulfilling lifestyle. Experience the harmonious blend of comfort, community, and connectivity in this charming Massachusetts city!
13 Listed For Sale NowCondos For Sale In Peabody, MA
Explore Peabody, MA Neighborhoods
Peabody is a charming suburb that expertly balances its rich historical roots with modern conveniences. Known for its vibrant community spirit and family-friendly atmosphere, this city boasts a variety of shopping, dining, and recreational opportunities, making it a delightful place to live and explore. With beautiful parks and a strong emphasis on local culture, Peabody invites residents and visitors alike to enjoy its warm and welcoming ambiance.
Frequently Asked Questions About Peabody, MA
What is it like to live in Peabody?
Peabody features a suburban environment with a variety of housing options, including single-family homes and condominiums, catering to families and professionals alike. The city is well-served by public transportation and offers proximity to major highways, making commuting to Boston and other nearby areas convenient.
Is Peabody expensive?
Peabody's real estate market is considered moderately priced, with median home prices around $450,000, which is higher than the national average but affordable compared to neighboring areas like Salem and Danvers. The city offers a range of housing options, from single-family homes to condos, catering to different budgets.
How much is a condo in Peabody?
The average price of a condo in Peabody ranges from approximately $250,000 to $500,000, depending on the location and amenities offered. Demand for condos has been consistent due to the city’s proximity to Boston and its commuter-friendly infrastructure.
What are the safest neighborhoods in Peabody?
The neighborhoods of West Peabody and the area around Peabody Town Center are considered among the safest in Peabody, characterized by low crime rates and family-friendly amenities. These areas provide easy access to local parks and schools, contributing to a strong sense of community.
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