Peabody Homes for Sale

Peabody, MA, offers a diverse range of homes for sale, catering to various budgets and lifestyles. Buyers can find single-family homes, including classic Colonial and Cape Cod-style houses, which are popular in New England. There are also townhomes and condominiums, providing a low-maintenance lifestyle with shared amenities. For those seeking more space, multi-family properties are available, ideal for investment or multi-generational living. Additionally, Peabody features some new construction developments, offering modern designs and energy-efficient homes.

The average home price in Peabody, MA, typically falls between $500,000 and $700,000, depending on location, size, and features. Single-family homes generally start around $550,000, while townhomes and condos can range from $400,000 to $600,000. Luxury properties and newer developments tend to be on the higher end, sometimes exceeding $800,000. Given Peabody’s competitive housing market, prices have steadily increased in recent years, making it important for buyers to stay updated on market trends.

Peabody has several desirable neighborhoods, each offering unique benefits. West Peabody is a sought-after area known for its suburban feel, larger homes, and excellent schools. South Peabody is another popular option, offering a mix of single-family homes and condos, with easy access to parks and shopping centers. Downtown Peabody is ideal for those who prefer a walkable community with historic charm, local restaurants, and cultural attractions. Brooksby Farm area is a great choice for those seeking a peaceful environment near nature trails and open spaces.

When purchasing a home in Peabody, consider factors such as proximity to major highways and public transportation, especially if commuting to Boston or nearby cities. The town’s school system, property taxes, and overall neighborhood amenities should also be evaluated. Since Peabody is part of Essex County, buyers should be aware of weather-related concerns, such as snow accumulation in winter. Additionally, the real estate market can be competitive, so working with an experienced local real estate agent can help navigate bidding strategies and negotiations.

Homes in Peabody, MA, often include traditional New England architecture, featuring hardwood floors, fireplaces, and spacious yards. Many homes come with updated kitchens, granite countertops, and stainless-steel appliances. Energy-efficient upgrades, such as solar panels and smart home technology, are increasingly common. Some properties, particularly in newer developments, offer community amenities like fitness centers, pools, and clubhouses. Many neighborhoods also have access to parks, walking trails, and recreational facilities.

HOA fees in Peabody, MA, primarily apply to condos, townhomes, and planned communities. These fees typically cover services like landscaping, exterior maintenance, and amenities such as pools or fitness centers. HOA fees can range from $200 to $500 per month, depending on the community and the services included. Single-family homes in traditional neighborhoods usually do not have HOA fees, but it's always advisable to check with the seller or real estate agent for any applicable costs before purchasing.