Peabody

Peabody

Located in Essex County

$702,589 Average Value
$397 Average Price per Sq Ft
14 Homes 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.
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 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.
The Peabody community has great medical facilities like Boston’s Children Hospital close by.
AnaLogic, is a major employer in Peabody.
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.
The Black Box Theater serves as a significant cultural venue to Peabody.
North Shore Childrens Museum in Peabody has different themed rooms to explore.
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.
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.
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.
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.
Large crowds gather every Sunday in summer for the Peabody Leather City Common Concert Series.
Flags wave proudly at the Peabody Veterans Day ceremony.
Flags wave proudly at the Peabody Veterans Day ceremony.
The local choir sings holiday classics at the Peabody Christmas Stroll and Tree Lighting.
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.
Cape Cod homes in West Peabody have sizeable yards with large driveways.
Stately Colonial Revival style homes can be spotted throughout South Peabody.
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.
Sunny ranch-style homes have room to stretch out in the West Peabody neighborhood.
Garrison-style homes make up the suburban community in Peabody.
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.
Peabody High School, is a comprehensive and competitive public high school in Peabody, MA.
Covenant Christian Academy is a private 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.
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.
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.
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.
Say hello to the friendly ducks at Crystal Lake in West Peabody.
Feed the happy goats at Brooksby Farm nearby Peabody Town Center.
Feed the happy goats at Brooksby Farm nearby Peabody Town Center.
West Peabody bicycle riders enjoy trips along the Independence Greenway.
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.

Christina Xu
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Christina Xu
Amanda Beattie
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Amanda Beattie
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Agents Specializing in this Area

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Open Houses

  • Saturday, May 24
    12 - 2pm

    1102 Foxwood Cir, Peabody, MA 01960

    $579,000

    • 2 Beds
    • 1.5 Baths
    • 1,644 Sq Ft
    • 1102 Foxwood Cir
    • New 3 days ago

    Here's your chance to own in the highly desirable Huntington Woods Condo Association. This unit has 2 bedrooms, 1.5 baths, and a 3rd floor bonus room which is ideal for a home office, den, playroom, 3rd bedroom or any other use you may have a need for. Start you day by enjoying a morning cup of coffee or end you day by relaxing and eating your dinner with a cold beverage on the deck. The unit

    David Nyman Keller Williams Realty Evolution

  • Saturday, May 24
    2 - 3:30pm

    500 Northshore Rd Unit 5C, Peabody, MA 01960

    $330,000

    • 1 Bed
    • 1 Bath
    • 686 Sq Ft
    • 500 Northshore Rd
    • Unit 5C
    • New 3 days ago

    Charming one bed, one bath condo in a highly desirable Peabody location, just minutes from the North Shore Mall, Lahey Medical Center, restaurants, and public transportation. This well-maintained unit offers comfort, convenience, and easy access to major highways. Enjoy bright living spaces, a spacious bedroom, and community amenities including an on-site swimming pool. Ideal for professionals,

    Andrea Satterwhite Michael Anthony Real Estate

  • Saturday, May 24
    11am - 1pm

    25 Sandra Rd, Peabody, MA 01960

    $849,000

    • 4 Beds
    • 2.5 Baths
    • 1,991 Sq Ft
    • 25 Sandra Rd
    • New 3 days ago

    This 3 bedroom home with 2 car garage, hardwood flooring, large deck, central air, also has a lower level in-law 1 bedroom unit with a large kitchen/living area and patio. Modern split design complimented with open concept vaulted family room off the fireplaced living room and granite kitchen with bar seating. This property has been well maintained and ready for a new family. Open houses Sat &

    Matthew Power 1 Percent Realty, LLC

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Interested in learning more about homes in this area? Reach out to Donna Gay, an experienced agent in this area.

Average Home Value



Source: Public Records
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Peabody
Donna Gay
Right Way Realty LLC