Peabody, MA has a median value of $580,200 for housing, much higher than the US house median value of $338,100. The US 1 year House Appreciation rate is 8.27%, while Peabody's appreciation rate is even higher at 9.17%. It is clear that Peabody's housing market has seen considerable growth and development over the past year and continues to be a desirable place to live with its attractive housing prices.
The median home cost in Peabody is $580,200. Home appreciation the last 10 years has been 95.5%. Home Appreciation in Peabody is up 13.0%.
Average Age of Homes
- The median age of Peabody real estate is 53 years old
The Rental Market in Peabody
- Renters make up 34.7% of the Peabody population
- 0.7% of houses and apartments in Peabody, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.