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Peabody, MA
Full City Profile · Massachusetts · Essex County County
3.2
/5.0
B
Good
54,180
Population
3,336/sq mi density
$95,278
Median Income
$51,534 per capita
$566,200
Home Value
$683,809 Zillow
$1,902
Median Rent
36.0% income on rent
50°F
Avg Temperature
246 sunny days/yr
232
Violent Crime/100K
819 property/100K
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.7 / 5.0
$95,278 median income, 3.1% unemployment
B
Affordability
3.3 / 5.0
$566,200 home value, $1,902/mo rent
F
Safety
1.0 / 5.0
232 violent crimes/100K
B+
Education
3.7 / 5.0
33.9% bachelor's degree or higher
Housing Overview
Median Home Value
$566,200
101% above
US avg: $281,900
Median Rent
$1,902/mo
64% above
US avg: $1,163/mo
Homeownership Rate
65.6%
0% below US avg (65.4%)
Total Housing Units
23,355
Median year built: 1966
Home Value by Source
Census Median
$566,200
Zillow (ZHVI)
$683,809
Median Sale Price
$566,525
Median List Price
$599,900
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
65.6%
Owner-Occupied
34.4%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,727/mo
1 Bedroom
$1,822/mo
2 Bedroom
$2,300/mo
3 Bedroom
$2,858/mo
4 Bedroom
$3,232/mo
Census median rent:
$1,902/mo
· Zillow rent:
$2,778/mo
Market Indicators (Redfin)
Median Days on Market
43 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
16
Price Drops
20.0%
of listings with price reduction
Price Per Sq Ft
$394
Active Inventory
25
homes for sale
Affordability & Housing Stock
Rent Burden
36.0%
of renters spending 30%+ of income on housing
16% above US avg (31.0%)
Median Year Built
1966
Average age of housing stock: 60 years
Homeownership Rate
65.6%
Complete Housing Data
Home Values
| Census Median Value | $566,200 |
| Zillow Home Value (ZHVI) | $683,809 |
| Median Sale Price | $566,525 |
| Median List Price | $599,900 |
| Price Per Sq Ft | $394 |
Rent
| Census Median Rent | $1,902 |
| Zillow Rent (ZORI) | $2,778 |
| FMR Studio | $1,727 |
| FMR 1-Bedroom | $1,822 |
| FMR 2-Bedroom | $2,300 |
| FMR 3-Bedroom | $2,858 |
| FMR 4-Bedroom | $3,232 |
Market
| Days on Market | 43 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 20.0% |
| Homes Sold | 16 |
| Active Inventory | 25 |
| Price Per Sq Ft | $394 |
Ownership & Stock
| Owner-Occupied | 65.6% |
| Renter-Occupied | 34.4% |
| Homeownership Rate | 65.6% |
| Total Housing Units | 23,355 |
| Median Year Built | 1966 |
| Rent Burden | 36.0% |