$713,922Average Value$400Average Price per Sq Ft34Homes For Sale
A thriving community in Essex County, Massachusetts
A city in the North Shore, an area originally inhabited by the Naumkeag people, Peabody was incorporated in 1752. Known for its industrial history that stretches back to the 18th century, the city’s workforce today is concentrated in the manufacturing, retail and service industries. Peabody has a population of about 54,204 people, and the median household income is approximately $91,125. Centennial Park, one of North Shore’s largest business parks, is home to the city and is headquarters to many corporations and businesses. Top employers include Northshore Mall, Boston’s Children Hospital – Peabody and AnaLogic, which specializes in manufacturing security equipment.
“Peabody is considered the economic engine that drives the entire North Shore region,” says Christopher Ryder, the chief of staff for Peabody. “The city has a very welcoming environment for businesses. We have one of the lowest tax rates in the county, we offer low-interest loans through our community development department and we have business- liaison staff who help make the permitting process easier for business owners.”
Centennial Park, in Peabody is one of North Shore’s largest business parks.
The Northshore Mall is located close to West Peabody with many stores to shop.
The Peabody community has great medical facilities like Boston’s Children Hospital close by.
AnaLogic, is a major employer in Peabody.
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Entertainment, shopping and dining at Northshore Mall and downtown
Located by Yankee Division Highway, Northshore Mall is the city’s largest shopping center, featuring over 140 shops and restaurants. “Northshore Mall bucked the national trend of moving away from brick-and-mortar stores and is a huge economic success story,” Ryder says. “It’s popular for having a mix of entertainment and dining options, events and popular department stores.” The Route 1 corridor and Andover Street are also teeming with businesses, big-box stores and local eateries.
Peabody’s downtown cultural district has several art venues and dozens of shops and restaurants along Main Street. The Black Box Theater serves as a significant cultural venue that provides performances and art events for North Shore communities. For family outings, people can visit the North Shore Children’s Museum, which is also in downtown.
The Black Box Theater serves as a significant cultural venue to Peabody.
North Shore Childrens Museum in Peabody has different themed rooms to explore.
Reds Kitchen and Tavern is a great place to bring the family for a nice dinner in West Peabody.
Stop in for coffee and breakfast at Breaking Grounds in Peabody Town Center.
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Peabody International Festival celebrates the city's diversity
The Peabody International Festival was founded in 1984 by then-Mayor Peter Torigian. To this day, it’s still considered the biggest event in the city, attracting around 50,000 people every year. “This is how the city celebrates its diversity,” Ryder says. “Main Street shuts down, and all the churches, civic groups and restaurants bring foods that are from their parts of the world to the festival.” There are also cultural performances and traditional games, in addition to prizes and an artisan market. Additional festivities include a summer concert series at Leather City Common and other holiday celebrations.
The streets are filled with food and entertainment at the Peabody International Festival.
Large crowds gather every Sunday in summer for the Peabody Leather City Common Concert Series.
Flags wave proudly at the Peabody Veterans Day ceremony.
The local choir sings holiday classics at the Peabody Christmas Stroll and Tree Lighting.
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Single-family homes here are more affordable than Boston's
Peabody mainly consists of Cape Cod, ranch-style, Colonial Revival and Garrison-style homes. South Peabody is a well-established suburban community steps away from downtown, featuring homes built between the late 19th century and mid-20th century with spacious lots. West Peabody, close to Centennial Industrial Park and Northshore Mall, has some of the city’s most expensive and newer homes. Multifamily properties can be found on the east side and around the downtown area, and condos and townhouses are sporadically located around the community.
Peabody's median home price is $640,000, lower than Boston's median price of $805,000. Depending on size and condition, single-family homes usually go for $350,000 to over $1.3 million. Multiunit dwellings range from $600,000 to over $1 million, and condos and townhouses can sell from approximately $250,000 to $700,000.
Cape Cod homes in West Peabody have sizeable yards with large driveways.
Stately Colonial Revival style homes can be spotted throughout South Peabody.
Sunny ranch-style homes have room to stretch out in the West Peabody neighborhood.
Garrison-style homes make up the suburban community in Peabody.
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Public and private schooling options
Peabody Public Schools serves nearly 6,000 children, with a student-teacher ratio of 13-to-1. The district has a C-plus Niche grade, and the B-minus-rated Peabody Veterans Memorial High School, the only high school in the school system, offers career and technical education pathway programs. Christian private schools include Covenant Christian Academy and Bishop Fenwick High School, each rates an A and B-plus, respectively.
Peabody High School, is a comprehensive and competitive public high school in Peabody, MA.
Covenant Christian Academy is a private school in Peabody, MA.
Bishop Fenwick High School is a private Roman Catholic high school located in Peabody.
J Henry Higgins is the local middle school in Peabody, MA.
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Peaceful trails in Crystal Lake Conservation Land and active farms
The city has about 38 parks and playgrounds, a disc golf course, the McVann O’Keefe Memorial Rink and a public 18-hole golf course. Salem Country Club sits at the heart of Peabody, with a championship golf course, as well as swimming and tennis facilities. Several conservation areas are also spread throughout the area, including Crystal Lake Conservation Land, which has a boat dock for paddleboarding and a looped trail. The 275-acre Brooksby Farm has fruit orchards, pumpkin patches and greenhouses. The farm also serves as an important gathering place for community events. Trails such as Independence Greenway Path and South Peabody Trail make for even more recreational opportunities. Peabody has hot, humid summers and heavy snowfall in winter, and partly cloudy and rainy days are also common.
Salem Country Club sits at the heart of Peabody, with a championship golf course.
Say hello to the friendly ducks at Crystal Lake in West Peabody.
Feed the happy goats at Brooksby Farm nearby Peabody Town Center.
West Peabody bicycle riders enjoy trips along the Independence Greenway.
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Convenient highways, with commuter rail in Salem
Peabody is accessible via Interstate 95, U.S. Route 1 and the Logan Express bus, which runs from Boston Logan International Airport to towns in Greater Massachusetts and has a service line in nearby Danvers. Boston is 20 miles away, and commuter rail can be taken at Salem’s MBTA station via the Newburyport/Rockport Line. Major hospitals in the community include Boston Children's Peabody and Lahey Medical Center, both of which are also among the city’s top employers.
2023 Crime data below the national average
In 2023, 429 violent offenses and 455 property crimes were reported to Peabody’s police department. Both numbers represent a slight increase from the previous year but were below the national average crime rate.
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Christina Xu
Photography Contributed By
Amanda Beattie
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Tony Simonetti
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GreatSchools:
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On average, homes in Peabody, MA sell after 20 days on the market compared to the national average of 50 days. The median sale price for homes in Peabody, MA over the last 12 months is $650,000, up 7% from the median home sale price over the previous 12 months.
Welcome to 38 1/2 Ellsworth Rd in Peabody—this beautifully updated 3 bed, 2 bathroom home offers comfort, convenience, and modern finishes throughout. Renovated just a few years ago, it features a spacious eat-in kitchen perfect for gathering and entertaining, along with updated plumbing and electrical systems for peace of mind. Enjoy year-round comfort with central heat and air conditioning. The
Nestled in the highly desirable West Peabody neighborhood, this rarely available 4-bedroom, 2 full and 2 half-bath home offers the perfect blend of space, comfort, and lifestyle. Situated on a beautifully landscaped .92-acre lot, there’s still time to make a splash this summer in your private inground pool! Perfect for entertaining, the home features a stunning Florida room ideal for year-round
Sunny, updated condo close to downtown Peabody & Salem commuter rail! This inviting 2-bed, 1-bath condo offers a bright open layout, hardwood floors and fresh paint throughout. The spacious dining room, ideal for entertaining, is complemented by newly tiled flooring in the kitchen, laundry room, and bath. Kitchen features stainless steel appliances & exterior access! Enjoy two comfortable
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Welcome to 38 1/2 Ellsworth Rd in Peabody—this beautifully updated 3 bed, 2 bathroom home offers comfort, convenience, and modern finishes throughout. Renovated just a few years ago, it features a spacious eat-in kitchen perfect for gathering and entertaining, along with updated plumbing and electrical systems for peace of mind. Enjoy year-round comfort with central heat and air conditioning. The
INCREDIBLE INVESTMENT OPPORTUNITY in very desirable area of Peabody. Whether you are an investor, looking to add to your portfolio, or a buyer looking for rental income to supplement your mortgage payment, this property offers it all. Located on a very quiet side street, it boasts two well-maintained, turn-key units, making them easy to rent in the HOT PEABODY RENTAL MARKET. The current rents
NOW OPEN! Jaydens brand new Boston-area apartments are the perfect suburban counterpart to the bustle of the nearby city. Enjoy our spacious 1 and 2 bedroom apartments for rent. We offer all the modern comforts and conveniences you need to make the most of every day. And we've wrapped it in designer finishes to give you the luxury you deserve. Cook for loved ones with the Energy Star appliances
Welcome to 7 Park St, Peabody. This two bedroom one and half bathroom apartment is situated over two floors and is conveniently located just off Main St in Peabody. This building conversion from church to condominiums offers many unique features not the least of which is a tremendous church window in the living room / kitchen area. Located a short distance from shops and restaurants, you also
At the intersection of I-95 and Route 114, 14 North is close enough to enjoy all that Boston has to offer without having to put up with the hustle and bustle of city life. These Peabody apartments feature updated kitchens, spacious floor plans, and thoughtful details including sleek Whirlpool appliances, marble vanities, private patios and balconies, and large closets. Select apartment homes
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