Peabody, Massachusetts is having a moment. In fact, Realtor.com has named ZIP code 01960 the hottest ZIP code in America for 2026, putting this North Shore community squarely in the national spotlight. With its convenient access to Boston, established neighborhoods, larger homes, historic character, and relative value compared with the broader Boston metro area, Peabody real estate is attracting significant attention from buyers looking for space, convenience, and quality of life. For those of us who live and work in the North Shore real estate market, the recognition comes as no surprise. Read the full Realtor.com, “Greater Boston’s Historic ‘Leather City’ Is America’s Hottest ZIP Code,” here.
So, what does being named America's hottest ZIP code actually mean for the Peabody real estate market?
At the time of writing, our MLS shows 29 single-family homes, 10 condominiums, 8 multifamily properties, 1 lot of land, and 7 mobile homes currently for sale in Peabody. That's just 55 properties across these categories available to buyers.
Even more telling? There are currently 52 properties pending or under contract in those same categories. That's a significant amount of activity relative to the available inventory.
Take a deeper dive into the numbers, and the story becomes even more interesting. Over the past six months, 189 properties in these categories have sold in Peabody, according to data from our MLS.
Here's how those sales break down:
- Single-Family Homes: 119 sales | Median sale price: $730,000 | Median list price: $699,999
- Condominiums: 55 sales | Median sale price: $469,900 | Median list price: $470,000
- Multifamily Homes: 9 sales | Median sale price: $915,000 | Median list price: $895,000
- Mobile Homes: 6 sales | Median sale price: $252,500 | Median list price: $257,400
While every property and transaction is unique, these numbers paint a compelling picture of the Peabody housing market: there is active demand across multiple property types, a relatively limited supply of homes available for sale, and plenty of competition for buyers when the right property comes along.
For buyers, this is where having experienced local representation can make a meaningful difference. Understanding a home's value, recognizing opportunities, knowing the neighborhoods, navigating multiple-offer situations, and having a strategy before the right property hits the market can all be critical in a competitive market.
Whether you're looking for a single-family home, condominium, multifamily investment, or another type of property, you don't have to navigate the Peabody real estate market alone.
Experience matters. Local knowledge matters. Having an advocate in your corner matters. Our team of seasoned real estate professionals understands the North Shore market and the nuances that can make all the difference when buying or selling a home.
Ready to explore what's possible in Peabody? Meet our team and find the right real estate professional to represent you.
Source: MLS data compiled at the time of publication. Statistics represent Peabody properties in the categories noted above and reflect the most current data available to our team. Market conditions, inventory, and statistics are subject to change.
