Market Intelligence · MA / Peabody

Peabody, MA 01960 Housing Market

The typical home value in Peabody is $708,672, up 0.9% over the past year. Homes are listing at a median of $674,900 and staying on the market for a median of 25 days.

Updated August 2026Median value$698K

The median home value in Peabody, MA 01960 is $698K as of August 2026, up 1.1% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 01960 range

$642K to $754K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+1.1% over 12 months

Typical home value in 01960 over the last 12 months: $690K in Aug 2025 to $698K in Aug 2026 (+1.1%).

Aug 2025$690K

Aug 2026$698K

The numbers

What is the 01960 housing market like?

Typical home value

$698K

Up1.1%YoY

Median list price

$675K

Up1.1%MoM

Days on market

25

Down28.6%MoM

Homes for sale

34

Up3.0%MoM

Price cuts

13.9%

Up124.0%MoM

New listings

32

Down23.8%MoM

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

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The comparison

How do 01960 home prices compare?

  • 01960$697,803
  • Peabody$697,803
  • Massachusetts$615,457
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Peabody: 1 ZIPs; Massachusetts: 484 ZIPs; United States: 26,265 ZIPs).

Context

There are 34 homes for sale in Peabody as of August 2026, with 32 new listings entering the market recently. The median list price sits at $674,900, and homes are moving at a median pace of 25 days on market. About 13.9% of listings have taken a price cut, suggesting some properties are adjusting to market realities. Despite modest year-over-year appreciation of 0.9%, the presence of price cuts indicates that not all homes are selling at initial asking prices.

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