Observer
Town report

Peabody

Peabody has 68 homes for sale. 49% of them have cut their price, against 45% statewide. Over the past 12 months, single-family homes went under agreement in a median 7 days, and 65% sold at or above their first asking price.

49%
of homes for sale have cut their price
26
days on the market, typical listing now
61%
of homes sold in the past 12 months went at or above the first asking price

1 in 2 sellers in Peabody have cut their price, about the state's pace.

Share of homes for sale with a price cut. Every dot is a Massachusetts town with 20 or more listings. Peabody ranks 80 of 230, where 1 has the most cuts.

Peabody49%
0%Statewide 45%80%
Statewide: 7,598 of 16,853 homes for sale. Source: Verified market data; analysis by the Observer Markets Desk.
Show the numbers
TownFor saleWith a price cut
Hopkinton5470%
Reading2868%
Templeton2868%
Groton3266%
Hull5265%
Northborough4365%
Ashland3465%
Mattapoisett4363%
Amherst4262%
Athol3962%
Sandwich6360%
Waltham11360%
Ashburnham2560%
Hudson5260%
Rockland4760%
Sudbury4760%
Millis2259%
Hanover2458%
West Brookfield2458%
Belmont5558%
Bourne7158%
Marion3757%
Dedham6057%
Somerset2357%
Westfield7156%

Single-family homes are selling at or above the first asking price.

Median sale price as a share of the first asking price, by month of sale. The black line is 100% of the asking price; above it, buyers paid more than the seller first asked.

Single-family

101.5%
Oct 2025Oct 2026

Condos

100.0%
Oct 2025Oct 2026
Months with fewer than 5 sales are left out. Source: Verified market data; analysis by the Observer Markets Desk.
Show the numbers
MonthSingle-familyCondos
October 2025100.0% (20 sales)96.5% (13 sales)
November 2025100.0% (19 sales)– (2 sales)
December 202596.6% (18 sales)93.9% (8 sales)
January 202699.0% (17 sales)– (3 sales)
February 2026100.0% (12 sales)– (4 sales)
March 2026103.0% (18 sales)99.1% (8 sales)
April 2026102.8% (13 sales)98.3% (12 sales)
May 2026103.5% (23 sales)98.1% (6 sales)
June 2026101.2% (22 sales)98.5% (8 sales)
July 2026103.2% (31 sales)99.7% (17 sales)
August 2026101.4% (33 sales)100.0% (5 sales)
September 2026100.0% (29 sales)100.0% (8 sales)
October 2026101.5% (20 sales)– (2 sales)

Peabody has 42% more homes for sale than 12 weeks ago.

Homes for sale at the end of each week, and offers accepted each week. At the last four weeks' pace, today's homes would take 7 weeks to go under agreement.

Homes for sale

8040
64
Aug 3Oct 26

Offers accepted

158
9
Aug 3Oct 26
Source: Verified market data; analysis by the Observer Markets Desk.
Show the numbers
Week ofFor saleOffers acceptedNew listings
Aug 345910
Aug 1052615
Aug 17481311
Aug 2452812
Aug 3142101
Sep 756217
Sep 1459914
Sep 2153126
Sep 2858416
Oct 561813
Oct 12621216
Oct 196378
Oct 2664911

What sold in the last 12 months

By home type. Median sale price, with days to an accepted offer and the share that sold at or above the first asking price.

  • Single-family$710K252 sales · 7 days to offer · 65% at or above first ask
  • Condos$485K83 sales · 14 days to offer · 49% at or above first ask
Source: Verified market data; analysis by the Observer Markets Desk.
Show the numbers
TypeSalesMedian priceDays to offerOffer within 7 daysAt or above first ask
Single-family252$710,000752%65%
Condos83$485,0001437%49%

A typical two-bedroom in Peabody leases for $2,500 a month.

Rent by bedrooms, leases signed in the last 12 months. The dot is the typical rent; the bar spans the middle half of leases.

  • 1 bed$1,900Middle half $1,850–$2,100 · 17 leases
  • 2 beds$2,500Middle half $2,400–$2,725 · 45 leases
  • 3 beds$3,200Middle half $2,900–$4,000 · 20 leases
94 leases; 80% leased at the asking rent. Source: Verified market data; analysis by the Observer Markets Desk.
Show the numbers
BedroomsLeasesTypical rentMiddle halfDays to lease
1 bed17$1,900$1,850–$2,10047
2 beds45$2,500$2,400–$2,72549
3 beds20$3,200$2,900–$4,00056

How we measure

Figures come from the multiple listing service most Massachusetts agents use, verified and refreshed every morning. A price cut means the current asking price is below the original one. Days to offer runs from the listing date to the accepted offer. Sales are closings in the last 12 months; homes sold without an agent are not included. Coming-soon listings are never counted.

Reported, written, fact-checked and published by the Observer's agentic newsroom. Every figure is checked against verified market data before it runs.