6 hours on Rocket
$5,106 Closing Credit¹
#73364597, Olga Ramiro Ban, Listing Office: Olga Ramiro Ban
Peabody Housing Market Report March 2025•Essex County, Massachusetts
Housing Prices in Peabody, MA
How much do homes in Peabody, MA cost?
Housing Market Conditions
Is Peabody, MA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Peabody is a Seller's Market
Difference Since March 2024
Since last year, Peabody has remained a Seller's Market.
Insight
Peabody is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$654,000$382/SqFt
+$45,833
+7.5%
Based on all homes sold in the last 12 months
Insight
Homes in Peabody have sold for 7.5% more than they did a year ago.
Summary: The median home sold price in Peabody was $654,000 in March 2025, up 7.5% from last year, and the median price per square foot was $382.
Median Sold Price By Bedrooms
| Beds | Mar 2024 | Mar 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $338K | $296K | -12.4% |
| 22 Bedrooms | $499K | $515K | +3.2% |
| 33 Bedrooms | $625K | $653K | +4.5% |
| 44 Bedrooms | $690K | $740K | +7.2% |
| 55+ Bedrooms | $760K | $895K | +17.8% |
Summary: Peabody housing price by bedroom type for March 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -12.4%. The home price for 2 bedroom homes increased by +3.2%. The home price for 3 bedroom homes increased by +4.5%. The home price for 4 bedroom homes increased by +7.2%. The home price for 5 bedroom homes increased by +17.8%.
How does Peabody, MA compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Peabody, MA
Housing supply in Peabody, MA
How many homes are available in Peabody, MA?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 61Last MonthMar 2025 | ||
| 412 months agoFeb 2025 | +48.8 % Change MoMFeb – Mar |
Summary: The Peabody real estate market had 61 homes for sale in Mar 2025, a 48.8 % increase compared to Feb 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 11Last MonthMar 2025 | ||
| 92 months agoFeb 2025 | +22.2 % Change MoMFeb – Mar |
Homes For Sale By Bedroom Count
| Beds | Feb 2025 | Mar 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 2 | +100.0% |
| 22 Bedrooms | 8 | 10 | +25.0% |
| 33 Bedrooms | 15 | 23 | +53.3% |
| 44 Bedrooms | 11 | 15 | +36.4% |
| 55+ Bedrooms | 7 | 11 | +57.1% |
Summary: Peabody housing inventory by bedroom type for March 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +100.0%. The inventory for 2 bedroom homes increased by +25.0%. The inventory for 3 bedroom homes increased by +53.3%. The inventory for 4 bedroom homes increased by +36.4%. The inventory for 5 bedroom homes increased by +57.1%.
Asking Price vs. Sold Price
How much do homes in Peabody, MA cost?
Over Asking Price10 Homes
At Asking Price1 Home
Under Asking Price0 Home
Insight
If you're buying a home in Peabody, you could pay more than the asking price. 90.9% of homes here sold above asking price last month.
Summary: A total of 11 homes were sold or pending in Peabody in March 2025, up by 22.2% month-over-month. Of the 11 sold homes, 0% were sold under asking, 9% were sold at asking, and and 91% were sold over asking.
Days on Market for Peabody, MA
How long does it take to sell a home in Peabody, MA?
Breakdown of Home Sale Times
Under 30 Days10 Homes
30 – 90 Days1 Home
Over 90 Days0 Home
Insight
Many homes in Peabody are selling fast, if you're buying plan to act quickly.
Summary: During March 2025, 11 homes were sold in Peabody; 91% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 17 DaysThis YearMar 2025 | ||
| 30 Days1 year agoMar 2024 | -43.9 % Change YoYMar 2024 – Mar 2025 |
Summary: Homes in Peabody had an average listing age of 17 days in Mar 2025, down by 43.9% compared to the previous year.
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Newest Listings in Peabody, MA
What homes are available in Peabody, MA?
12 hours on Rocket
$6,306 Closing Credit¹
#73364300, Rachel Mwankanye, Listing Office: Reva Capital Realty
1 day on Rocket
$7,351 Closing Credit¹
#73363926, Elizabeth Goodwin, Listing Office: Commonwealth Properties Residential, LLC
1 day on Rocket
#73363609, Herrick Lutts Realty Partners, Listing Office: Herrick Lutts Realty Partners
1 day on Rocket
$9,797 Closing Credit¹
#73363382, Kimberly Dowling, Listing Office: Vylla Home
1 day on Rocket
$5,936 Closing Credit¹
#73363183, Kevin McMath, Listing Office: Lamacchia Realty, Inc.
1 day on Rocket
$9,499 Closing Credit¹
#73363056, Best of Boston Living Group, Listing Office: Century 21 North East
1 day on Rocket
$4,155 Closing Credit¹
#73363013, Louise Touchette Team, Listing Office: Coldwell Banker Realty - Lynnfield
2 days on Rocket
$7,005 Closing Credit¹
#73362965, Haley Thomeczek, Listing Office: Keller Williams Realty Evolution
2 days on Rocket
$10,000 Closing Credit¹
#73362518, Jan Pellegrini, Listing Office: Keller Williams Realty Evolution
7 days on Rocket
$6,946 Closing Credit¹
#73361033, Marie Andrews, Listing Office: Pegasus Realty LLC
$9,251 Closing Credit¹
#73360483, Lauren O'Brien & Co. Team, Listing Office: Leading Edge Real Estate
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MLS Disclaimers and Copyright
Based on information from MLS Property Information Network Inc., for the period 04/01/2023 - 04/01/2025
Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/25/2025, 12:55:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.