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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
Balanced Market
February 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 February 2026. Source: Realtor.com.

The PEABODY, MA real estate market (01960) currently shows 29 active listings, with 12 pending sales. Homes are averaging 13 days on the market before going under contract.

Inventory has increased compared to last year, with 14 more homes available — giving buyers more choice.

Homes are selling faster, averaging 13 days on market compared to 27 days last year.

The median listing price has fallen 20.8% year-over-year, from $726,225 to $575,225.

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
29
⇧ 93.3% vs 15 last year
Pending
12
41% pending ratio
Median Price
$575,225
⇩ 20.8% vs $726,225 last year
Average Price
$607,392
⇩ 13.8% vs $704,909 last year
Days on Market
13
⇩ 51.9% vs 27 days last year

Price Per Square Foot

Median $/sqft
$407
⇩ 3.1% vs $420/sqft last year
Median Home Size
1,493 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 29 this year vs 15 last year
  • Days on market: 13 now vs 27 last year

Median & Average Pricing

Year over Year
  • Median: $575,225 (-20.8% YoY)
  • Average: $607,392 (-13.8% 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 — 205 listings ($224,243,849 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
01960Peabody, MA 019600.0 mi22$13,128,478$571,000$596,749
01923Danvers, MA 019233.0 mi16$14,361,024$599,000$897,564
01970Salem, MA 019703.8 mi39$28,668,432$629,900$735,088
01905Lynn, MA 019054.9 mi16$9,199,120$620,000$574,945
01901Lynn, MA 019015.2 mi4$1,525,900$379,000$381,475
01907Swampscott, MA 019075.2 mi20$18,085,060$639,950$904,253
01915Beverly, MA 019156.0 mi23$65,612,100$799,000$2,852,700
01984Wenham, MA 019846.5 mi5$10,788,000$2,335,000$2,157,600
01867Reading, MA 018676.8 mi19$20,304,616$912,000$1,068,664
01983Topsfield, MA 019837.3 mi6$5,683,350$899,900$947,225
01908Nahant, MA 019087.6 mi5$19,110,000$3,995,000$3,822,000
02148Malden, MA 021488.4 mi21$12,696,684$534,950$604,604
02149Everett, MA 021499.7 mi9$5,081,085$475,000$564,565

Frequently Asked Questions

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

As of February 2026, there are 29 active listings in PEABODY, MA (zip code 01960), compared to 15 the prior year.

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

The median listing price in PEABODY, MA 01960 is $575,225 as of February 2026, a 20.8% decrease from $726,225 the prior year.

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

Homes in PEABODY, MA 01960 spend an average of 13 days on the market before going under contract, compared to 27 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 February 2026, PEABODY, MA 01960 is currently a Balanced Market. Inventory has increased compared to last year, with 14 more homes available — giving buyers more choice. Homes are selling faster, averaging 13 days on market compared to 27 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 $11,505 compared to a typical 5% commission on the median listing price of $575,225. 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.