Peabody, MA Real Estate
According to census data in the year 2000 there were 18,898 housing units in Peabody.
This represents a 3.6% growth from 18,240 in 1990.
Of those housing units, 18,898 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Peabody is about 71.2%.
Peabody's vacancy rate, including seasonal lodging, is about 1.7%.
Average household size is 2.55 people.
The majority of houses, apartments or condos in Peabody were built after 1959.
|Housing Units by Size|
|Five Bedrooms or more||2.80%|
Owned Homes, Apartments and Condos
|Average Household Size||2.78|
|Median year structure was built||1961|
|Median Value of occupied units||$215,900|
|Median Price asked for vacant units||$320,800|
Rented Homes, Apartments and Condos
|Average Household Size||1.98|
|Median year structure was built||1949|
|Median Monthly Rent asked for vacant units||$605|
Owners Finance Status
|Second Mortgage & Equity Loan||0.20%|
|Home Equity Loan||11.80%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||18.6%|