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Market Intelligence · MA / Essex County

Peabody, MA home prices and housing market

1 ZIP market liveData updated September 2026Typical value$693K1-yr changeUp1.2%

The typical home value in Peabody, MA is $693K as of September 2026, up 1.2% from a year ago, based on the Zillow Home Value Index. In the typical Peabody ZIP code, the median list price is $647K and homes spend a median of 25 days on market as of September 2026 (Realtor.com).

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The coverage

Peabody, by the numbers.

Typical home valueZillow ZHVI, September 2026
$693K
1-yr changeMedian across Peabody ZIPs
+1.2%
ZIP markets live2 tracked in Peabody
1
County
Essex County

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12-month value trend

+1.2% over 12 months

Typical home value in Peabody over the last 12 months: $685K in Sep 2025 to $693K in Sep 2026 (+1.2%).

Sep 2025$685K

Sep 2026$693K

Median Zillow home value index across Peabody's ZIP codes.

Context

Peabody's housing market shows modest but steady growth. As of September 2026, the typical home value stands at $692,854, up 1.2% over the past year. The median list price is $646,975, with 44 homes currently for sale and 42 new listings. Homes are spending a median of 25 days on the market, and 18.1% of listings have seen a price cut. The combination of moderate inventory and steady price gains suggests a balanced market where timing and positioning matter, but neither strong seller urgency nor buyer desperation appears to be driving conditions.

The numbers

What is the housing market like in Peabody, MA?

Typical home value

$693K

Up1.2%YoY

Median list price

$647K

Days on market

25

Homes for sale

44

Price cuts

18.1%

New listings

42

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026)

Figures reflect Peabody's ZIP codes with market data: values and listing medians take the median across ZIPs; inventory and new listings are summed.

Prices over time

Peabody, MA home prices over time

Typical home values in Peabody, MA are up 1.2% over the past year, from $685K in September 2025 to $693K in September 2026.

Typical home value in Peabody, MA, September of each year
MonthTypical value1-yr change
September 2026$692,854+1.2%
September 2025$684,908No prior year

Typical value is the median Zillow Home Value Index across Peabody ZIP codes, taken in September of each year so every row compares the same month.

Market balance

Is Peabody, MA a buyer's or seller's market?

Peabody, MA leans toward a seller's market.

Homes are selling quickly and homes for sale are scarce relative to new listings, which usually gives sellers the stronger position.

Based on a median of 25 days on market and 18% of listings with a price cut in the typical Peabody ZIP code, and 42 new listings against 44 active listings across Peabody, as of September 2026 (Realtor.com).

The outlook

Peabody housing market forecast 2027

+1.1%

Weighted average of Zillow's ZIP forecasts, 12 months to September 2027

A weighted average of Zillow's ZIP forecasts, across 1 Peabody ZIP code, points to typical home values rising 1.1% by September 2027.

Over the 12 months through September 2026, typical home values in Peabody rose 1.2%, per the Zillow Home Value Index.

Will home prices drop in Peabody?

The forecasts do not call for a drop: a weighted average of Zillow's ZIP forecasts for Peabody shows typical home values rising 1.1% by September 2027, after a 1.2% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

How this is calculated: each ZIP code's 12-month Zillow forecast is weighted by its typical home value (Zillow Home Value Index, September 2026). 1 Peabody ZIP code has both figures.

Forecast: a weighted average of Zillow's ZIP forecasts (Zillow Home Value Forecast, published October 2026), calculated by Home Value Pros. A forecast, not a guarantee.

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Live markets

What ZIP codes are live in Peabody?

Typical value is the Zillow home value index (ZHVI) for each ZIP, as of September 2026. 1-yr change compares it to the same ZIP a year earlier. We track 2 Peabody ZIP codes in total; the remaining 1 publish as their data clears editorial QA.

Zillow ZHVI, September 2026

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Common questions

Questions about Peabody, MA home prices.

What is a typical home worth in Peabody?

As of September 2026, the typical home value in Peabody is $692,854, reflecting a 1.2% increase over the past year.

How long do homes stay on the market in Peabody?

The median time a home spends on the market in Peabody is 25 days as of September 2026.

How many homes are currently for sale in Peabody?

There are 44 homes for sale in Peabody as of September 2026, with 42 new listings recently added to the market.

Are home prices going up or down in Peabody, MA?

Typical home values in Peabody, MA are up 1.2% over the past year, based on the Zillow Home Value Index as of September 2026.

Is Peabody, MA a buyer's or seller's market?

Peabody, MA leans toward a seller's market. Homes are selling quickly and homes for sale are scarce relative to new listings, which usually gives sellers the stronger position. Based on a median of 25 days on market and 18% of listings with a price cut in the typical Peabody ZIP code, and 42 new listings against 44 active listings across Peabody, as of September 2026 (Realtor.com).

Nearby markets

More Massachusetts housing markets.

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