Compare: Peabody vs Salem
Home Values in Peabody and Salem
|Zillow Home Value IndexWhat's this?||$322,800||vs||$279,500|
|Median List Price||$329,900||vs||$284,000|
|Median Sale Price||$311,800||vs||$268,900|
|Total Homes Sold in Oct||89 homes||vs||94 homes|
Peabody, MA tends to be more expensive for home buyers than Salem, MA. During the last year, Peabody home values have risen by 11.1%, while Salem home values have risen by 15.6%. The median sale price in Peabody is $311,800, but the median listing price was $329,900, a 5.5% discount. Meanwhile in Salem, the median selling price is $268,900, and the starting price had a median of $284,000, a 5.3% discount. In October, Peabody home sellers managed to move 89 houses, while Salem saw 94 transactions.
Demographics in Peabody and Salem
|Median Household Income||$54,829||vs||$44,033|
|Homes with Kids||30.5%||vs||22.5%|
|Average Household Size||2.6||vs||2.2|
|Average Commute Time (Minutes)||26||vs||28|
At $44,033, the median income in Salem is $10,796 less than in Peabody, and $479 lower than the national average. Peabody has an older median age, at 39, compared to 37 in Salem, and a shorter average commute. The average commute in Salem is 28 minutes and the average commute in Peabody is 26 minutes.
Homes for Sale in Peabody and Salem
Peabody vs Salem