Zip 01960 (Peabody, MA) Housing

The housing market in 01960 Peabody, MA is strong and growing. According to the data given, the median value of a home in 01960 Peabody is $578,100, which is about 71% higher than the US median value of $338,100. Additionally, over the past year, house appreciation has been around 9.17%, which is significantly higher than the 8.27% national average. This indicates that housing in this area is experiencing growth and may be a good long-term investment for potential homeowners.

The median home cost in Peabody (zip 01960) is $578,100. Home appreciation the last 10 years has been 95.5%. Home Appreciation in Peabody (zip 01960) is up 13.0%.

Average Age of Homes

- The median age of Peabody (zip 01960) real estate is 53 years old

The Rental Market in Peabody (zip 01960)

- Renters make up 34.9% of the Peabody (zip 01960) population
- 0.7% of houses and apartments in Peabody (zip 01960), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Peabody, Massachusetts	United States
	23,332.0	139,647,020.0
	56	42
	$578,100	$338,100
	13.0%	16.6%
	51.0%	57.0%
	95.5%	101.1%
	$9.87	$10.98
	$4,357	$2,690
	63.6%	57.4%
	2.8%	11.2%
	33.6%	31.4%
Vacant Housing
	0.7%	1.9%
	0.0%	0.4%
	0.3%	0.7%
	0.0%	0.4%
	0.1%	3.6%
	1.8%	4.1%
Value of Owner-Occupied Housing
	0.4%	2.6%
	0.5%	2.4%
	1.6%	2.8%
	0.6%	3.9%
	0.1%	4.5%
	0.8%	11.3%
	1.0%	13.0%
	10.2%	20.1%
	23.3%	13.6%
	27.8%	8.3%
	31.1%	9.7%
	2.1%	3.9%
	0.2%	2.2%
	0.0%	0.8%
	0.3%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	12.5%	13.6%
	12.5%	13.6%
	10.5%	13.6%
	9.2%	13.2%
	6.9%	14.8%
	10.5%	13.6%
	16.2%	10.0%
	4.6%	4.7%
	20.8%	12.2%

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