Why Live in South Peabody
South Peabody, located just outside Downtown Peabody and Salem, offers a suburban lifestyle with easy access to Interstate 95 and Route 1, about 20 miles from Boston. The neighborhood features ample outdoor spaces, including the 7-acre Lakeshore Park along Brown’s Pond, Raddin Park with tennis courts and athletic fields, and MacArthur Park known for its playground and walking trails. The Spring Pond Nature Trail provides scenic walks, while the nearby Lynn Woods Reservation offers extensive conservation areas. South Peabody also boasts an 18-hole public golf course at The Meadow at Peabody. Local amenities include the Lynn Street Mini Mart and Tillie’s Farm Stand, with larger grocery stores like Stop & Shop, Walmart, Shaw’s, and Market Basket located within 4 miles. Northshore Mall, about 3 miles away, offers major retail stores such as Macy’s and Nordstrom. Dining options in the neighborhood include Just in Time Café, Capone’s Restaurant and Lounge, The Wardhurst Restaurant & Bar, and Eva’s Pastries. The Torigian Family YMCA and Peabody Institute Library South Branch provide community programs and activities. The neighborhood hosts the annual International Festival each September, celebrating local businesses and cultures. Children attend Peabody Public Schools, with South Memorial Elementary, J. Henry Higgins Middle, and Peabody Veterans Memorial High serving the area. Bishop Fenwick High, a nearby private school, is highly rated. Homes in South Peabody, built between the late 19th and mid-20th centuries, include Cape Cods, ranch styles, and colonials, often with vinyl siding and larger lots. The area is not highly walkable, with most errands requiring a car, but public transportation options are available nearby.
Frequently Asked Questions
Is South Peabody a good place to live?
South Peabody is a good place to live. South Peabody is considered car-dependent and somewhat bikeable. South Peabody is a suburban neighborhood with a crime score of 2, making it safer than the average neighborhood in the U.S. South Peabody has 6 parks for recreational activities. It is fairly sparse in population with 4.3 people per acre and a median age of 44. The average household income is $125,909 which is above the national average. College graduates make up 37.1% of residents. A majority of residents in South Peabody are home owners, with 14.1% of residents renting and 85.9% of residents owning their home. A
local real estate agent serving South Peabody can help you decide if this neighborhood is the right one for you. Learn more on our
South Peabody neighborhood guide.
Is South Peabody, MA a safe neighborhood?
South Peabody, MA is safer than the average neighborhood in the United States. It received a crime score of 2 out of 10.
How much do you need to make to afford a house in South Peabody?
The median home price in South Peabody is $619,000. If you put a 20% down payment of $123,800 and had a 30-year fixed mortgage with an interest rate of 6.72%, your estimated principal and interest payment would be $3,200 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $137K a year to afford the median home price in South Peabody. The average household income in South Peabody is $126K.
What are the best public schools in South Peabody?
The best public schools that serve South Peabody are:
What are the best private schools in South Peabody?
The best private schools that serve South Peabody are:
What are the most popular zip codes in South Peabody, Peabody, MA?
What are the most popular neighborhoods near South Peabody, Peabody, MA?
Home Trends in South Peabody, MA
On average, homes in South Peabody, Peabody sell after 14 days on the market compared to the national average of 50 days. The median sale price for homes in South Peabody, Peabody over the last 12 months is $631,250, up 1% from the median home sale price over the previous 12 months.
Median Sale Price
$631,250
Median Single Family Sale Price
$650,000
Median Townhouse Sale Price
$612,000
Median 2 Bedroom Sale Price
$550,000
Average Price Per Sq Ft
$406
Number of Homes for Sale
10
Last 12 months Home Sales
96
Median List Price
$619,000
Median Change From 1st List Price
-2%
Median Home Sale Price YoY Change
1%