Foreclosure Homes in Peabody, MA

Buyer vs Seller Market in Peabody, MA

Peabody's real estate market has seen steady growth over the past year, with a rising number of home sales and an increase in average prices. The desirability of the area due to its proximity to Boston and local amenities has created a competitive market, attracting both first-time buyers and investors.

In the past month, the housing market in Peabody has remained robust, with increased activity noted in various price segments. The inventory of homes for sale has also fluctuated, leading to varied market dynamics between new listings and existing homes being sold.

Rent Prices In Peabody, MA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Peabody, MA, is on a rollercoaster ride. The average rent price in Peabody, MA, is $2,087.00. Indeed, when looking to rent in Peabody, MA, you can expect to pay as little as $1,110.00 or as much as $3,920.00, with the average rent median estimated to be $2,130.00. The good news is that finding an affordable and desirable property to rent in Peabody, MA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.