$603,205Average Value$401Average Price per Sq Ft6Homes For Sale
Peabody Town Center’s urban, yet small-town feel
Rich with history and brimming with activity, Peabody Town Center embodies the quintessential North Shore town about 20 miles from Boston. “It’s a great community for first-time buyers. Prices have become more affordable, and the town offers a lot in terms of parks, restaurants, events and schools,” says Realtor Kate Fabrizio with J. Barrett & Company, who has over 40 years of experience in Peabody. While most people here own cars and commute to work, Peabody Town Center is considered the most walkable part of the city. With a housing market full of apartments and a Main Street populated with shops and restaurants, the city has an urban tinge with less congestion than nearby cities, like Salem.
Dining on Main, meat markets and big-box options
The slew of restaurants in Peabody Town Center are easily accessible by foot, and many authentic cuisines are available along Main Street. Holy Ghost Society and Central Bakery both serve up traditional Portuguese dishes and pastries, and Caribe Restaurant is known for its Dominican fare. Petrillo’s, which Fabrizio dubs “the best Italian on the North Shore,” brings Tuscany to the East Coast in an intimate atmosphere. Peabody Town Center has a few spots for picking up essential items, as well. The neighborhood includes a CVS and Walgreens, as well as Vitoria, New England and Michelle’s meat markets, which offer select groceries along with fresh cuts. Stop & Shop is also right outside of the downtown area, while the closest Target, Walmart, Market Basket and The Home Depot are within 3 miles. The Northshore Mall is about 2 miles away and features major retail storefronts, including Macy’s and Nordstrom.
Holy Ghost Society in Peabody Town Center has a number of spaces to rent and a great restaurant.
Petrillo's Italian restaurant is a local favorite in Peabody Town Center.
Stop in for coffee and breakfast at Breaking Grounds in Peabody Town Center.
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Museums, annual events and Brooksby Farm activities
Locals can explore Peabody Town Center’s past at the George Peabody House Museum and the Peabody Leatherworkers Museum. Both are open during select hours on Tuesdays, Thursdays and Saturdays. For younger residents, the North Shore Children’s Museum educates and entertains. The museum offers special musical and storytelling events, in addition to its 14 regular exhibits. Peabody Town Center also hosts holiday events and the annual International Festival, drawing massive crowds to celebrate cultures from all over the world. Just past the Northshore Mall, Brooksby Farm has pick-your-own-fruit events, bouquet-making sessions, storytelling, hayrides, a petting zoo and a play yard. “The city runs and owns the farm, so we have access to fresh produce and many seasonal events,” Fabrizio says.
The George Peabody House Museum in Peabody Town Center celebrates the rich history of the city.
Take a look at the friendly goats at Brooksby Farm nearby Peabody Town Center.
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Small urban parks in Peabody Town Center
The most popular park in the neighborhood is Leather City Common, which hosts regular events, including a summer concert series. East End Peabody Veterans Memorial Park is another small outdoor space with benches and tables, walking paths and boards for chess or checkers. For a larger park option with open field space, Emerson Park is right outside the neighborhood, adjacent to the Peabody Dog Park and Tanner Skatepark. Mack Park also offers more green space and a playground just east of Peabody Town Center.
Emerson Park in Peabody Town Center a large dog park to bring your pups for play time.
Cool off at the Leather City Common in the heart of Peabody Town Center.
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Public and private education near Peabody Town Center
Students are served by Peabody Public Schools, consisting of eight elementary options, one middle and one high school. Center Elementary sits right outside of the downtown area and scores a C-plus grade on Niche. J. Henry Higgins Middle earns a C-plus, and Peabody Veterans Memorial High has a B. High school students have the opportunity to participate in five different Career Technology Education programs, such as Medical Assisting and Criminal Justice. Peabody also has several private options nearby, including St. John the Baptist School for prekindergarten through eighth grade. The Catholic-based Bishop Fenwick High, which scores an A-minus, is also within 2 miles and ranks in the top 2% for high school athletics in America, according to Niche.
Peabody High School, is a comprehensive and competitive public high school in Peabody, MA.
Center Elementary is a public school located in Peabody, MA,
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From 19th century homes to renovated apartments
While some single-family homes occasionally pop up in the market, most properties are smaller-unit condos or apartments. Many of the single- and multi-family residences are historic constructions from the 19th century or converted business buildings. Homebuyers can find unique features, including cathedral ceilings and aged brick. Colonials are common, as well, and most homes have vinyl siding, which is customary in New England architecture. Condos in complexes, such as Walnut Place or Upton Manor, and apartments above storefronts typically sell in the $300,000 range for one-bedroom units and the $400,000 ballpark for two bedrooms. Single-family houses often fall between $400,000 and $550,000, while an entire multifamily property may start around $600,000 and surpass $1 million, depending on the number of units.
The John Whitney House sits in the Civic Center Historic District of Peabody Town Center.
Sunny tree lined streets can be found in all corners of Peabody Town Center.
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Getting around Peabody and into Boston
The Massachusetts Bay Transportation Authority (T) bus system has a few stops in Peabody Town Center, though the closest commuter rail is about 2 miles away in Salem. The Logan Express Peabody makes trips to the Boston Logan International Airport, around 20 miles south, every hour from 3:15 a.m. to 10:15 p.m., seven days per week. Interstate 95 runs nearby, as well, along with the Yankee Division Highway toward Route 1. Routes 107 and 1A are also not far, flowing through Salem.
The Logan Express is an easy way to get to the airport from nearby Peabody Town Center.
The Salem Commuter Rail is a quick way for residents of Peabody Town Center to get around.
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Interested in learning more about homes in this area?
Reach out to
Pete Castrichini,
an experienced agent in this neighborhood.
Parks in this Area
Leather City Common
Picnic Area
Trails
Events
Emerson Park
Baseball/Softball
Basketball
Skateboard
Peabody Dog Park
Dog Park
Farnham Park
Baseball/Softball
Basketball
Bike Trails
Peabody Veterans Memorial Park
Picnic Area
Trails
Events
Marrs Park
Baseball/Softball
Basketball
Picnic Area
McGlew Park
Transit
Airport
General Edward Lawrence Logan International
28 min drive
Bus
Margin St & N Shore Ave
Bus
Central St & Walnut St
Bus
Washington St & Bresnahan St
Bus
Washington St & Main St
Crime and Safety
1 - Low Crime, 10 - High Crime
Peabody Town Center
US
Homicide
3
4
Sexual Assault
3
4
Assault with Weapon
4
4
Robbery
4
4
Burglary
4
4
Motor Vehicle Theft
4
4
Larceny
4
4
Crime Score
4
4
Source: WhatIsMyCrimeRisk.com
Demographics and Home Trends
On average, homes in Peabody Town Center, Peabody sell after 28 days on the market compared to the national average of 47 days. The average sale price for homes in Peabody Town Center, Peabody over the last 12 months is $539,551, up 6% from the average home sale price over the previous 12 months.
Welcome to this bright and well-maintained two bedroom, one bath condo in the heart of Peabody! Step into a spacious open-concept layout that effortlessly combines the living and dining areas—ideal for both everyday comfort and entertaining. Afternoon sun fills the space and creates magical and cozy ambiance for quiet unwinding at the end of the day. The kitchen features ample cabinet space, an
A rare opportunity! This spacious townhouse-style condo offers dual potential: a perfect primary residence or a high-yield investment property with proven rental income of $3,500/month in Peabody’s sought-after location. Strong demand from professionals & families, the multi-level living with private entry has open-concept main floor and half bath while bedrooms tucked on the second and third
Nestled on a peaceful side street, this charming move-in ready old-style home offers a perfect blend of classic character and modern comfort. Discover gleaming hardwood floors, french doors, built-in china cabinet adds timeless appeal. Like to entertain? It features a spacious living room, formal dining room, and a generous light and bright kitchen ideal for gatherings. Bonus room in basement
Elizabeth GoodwinCommonwealth Properties Residential, LLC
Looking for top floor with in-unit laundry? Unique interior brick facade offers arched window frames which give this penthouse condo charm and character. Tree top views make for a pleasant stay in this 640 square foot unit with stackable washer dryer located in the front closet. Kitchen features tile counter and back splash with built in microwave. High ceilings and open kitchen to living room
An exceptional development opportunity awaits at 55 Pulaski Street in Peabody—an approved 22-unit condominium project ideally situated just off Route 114. Each thoughtfully designed unit offers approximately 1,000 square feet of living space, featuring 2 bedrooms and 1.5 bathrooms. The plans emphasize open-concept living areas, functional layouts, and well-appointed kitchens—perfect for today’s
**OPEN HOUSE TODAY 12 to 1:30*STUNNING MINT MOVE IN CONDITION CONDO at Walnut Place! Just unpack and enjoy your summer. This spacious one bedroom, one bath open concept condo features high ceilings, lots of sunlight, stainless steel appliances, granite counters, breakfast bar and dining area which is perfect for entertaining. The bedroom is over sized and offers a walk-in closet for all your
Louise TouchetteColdwell Banker Realty - Lynnfield
Peabody Penthouse! A sunny and warm 2 bedroom. Quiet and modern. A unique find. In 2022 fully remodeled, brand new kitchen, bathroom, appliances, floors. One floor apartment on the third floor of a 3 family home with a yard. 2 bedrooms, a full bathroom, kitchen, living room and dining area. Brand new kitchen with new appliances, fully updated bathroom, freshly painted, blinds and hardwood floors
1 bed + office available near downtown Peabody! Large 1+ bed has newly, refinished hardwood floors, new bedroom carpet, and is excellent for your commute. 1 parking spot in the driveway (2 if you have an Accord/Camry size car or smaller). Conveniently located less than 2 miles from the highway, just over 2 miles to Salem Hospital, less than 3 miles to the Salem Commuter rail, and so much more.
Interested in learning more about homes in this area?
Reach out to
Pete Castrichini,
an experienced agent in this neighborhood.
Average Home Value
Source: Public Records
Property Mix - Square Feet
This Neighborhood Has More Renters
Demographics
Total Population
14,606
Median Age
41
Population Density
63 ppl/acre
Population under 18
22.3%
On par with the national average
23.8%
Population over 65
18.8%
On par with the national average
19.1%
Finances
Median Household Income
$67,367
Below the national average
$71,702
Average Household Income
$83,052
Education and Workforce
High School Graduates
84.8%
College Graduates
24.2%
Below the national average
34.1%
Advanced Degrees
8.8%
% Population in Labor Force
70.2%
Above the national average
65.1%
Weather
Annual Precipitation
48''
Average Winter Low Temperature
17°F
Average Summer High Temperature
80°F
Annual Snowfall
26''
Area Factors
Bikeable
Bike Score®
54/ 100
Very Walkable
Walk Score®
88/ 100
Source: Walk Score
Source: Walk Score
Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
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.
