The story of this market
The typical home in ZIP 01961 sells for about $871,000, or $481 per square foot.
Prices are up +13.1% from a year ago, so sellers still have some momentum. Homes take about 21 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $2,931 a month.
ZIP 01961 — Peabody
The North Reading housing market shows strong price appreciation with a median sale price of $871,000, reflecting a 13.1% year-over-year increase. Inventory remains extremely tight at 7 active listings, contributing to a competitive environment where homes sell quickly at or above asking price. Rental demand is high, evidenced by a 42% annual increase in median rent.
Median prices moved up 13.1% year over year.
Homes spend a median of 21 days on market with 1.2 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 100.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) — a stable, low-distress profile.
ZCTA 01961, Middlesex County MA
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Massachusetts) — Massachusetts Local Property Tax: Ad valorem tax calculated as (Municipal Budget / Total Assessed Value of all taxable property) = Tax Rate per $1,000 of assessed value. Assessments must be at 100% of full and fair cash (market) value.
The rental market has seen significant upward pressure with a 42% increase in average rent over the past year.
Data sourced from ACS 2024 5-Year Estimates for Middlesex County where ZIP-specific data was unavailable.
- Boston Tea Party Ships & Museum4.613.9 mi
- F1 Arcade Boston4.513.8 mi
- Museum of Illusions Boston4.513.4 mi
- Boda Borg Boston4.79.9 mi
- K1 Speed Boston-Wilmington4.29.8 mi
- Fenway Park4.815.3 mi
- TD Garden4.613.2 mi
- Thomas M. Menino Convention & Exhibition Center4.514.2 mi
- MGM Music Hall at Fenway4.415.2 mi
- Hynes Convention Center4.514.8 mi
- Salem Witch Museum3.82.9 mi
- Stone Zoo4.39.1 mi
- Bunker Hill Monument4.712.6 mi
- AMC Assembly Row 124.212 mi
- USS Constitution Museum4.712.6 mi
- Museum of Fine Arts, Boston4.815.6 mi
- Boston Public Library4.814.6 mi
- Isabella Stewart Gardner Museum4.715.8 mi
- Museum of Science4.713.3 mi
- Boston Tea Party Ships & Museum4.613.9 mi
- Middlesex Fells Reservation4.79.3 mi
- Salem Witch Trials Memorial4.63 mi
- Salem Willows Park4.63.9 mi
- Breakheart Reservation4.75.7 mi
- Shannon Beach4.412.2 mi
- Pickering Wharf Marina4.63.2 mi
- Boston Yacht Club4.75.5 mi
- Jubilee Yacht Club Inc4.63.4 mi
- Seaport Landing Marina4.55.4 mi
- Salem Willows Yacht Club4.63.9 mi
- Unicorn Golf Course3.89.1 mi
- Black Swan Country Club3.912.9 mi
- Sagamore Spring Golf Club45 mi
- Mount Hood Golf Course4.17.5 mi
- Gannon Municipal Golf Course4.53.6 mi
- Encore Boston Harbor4.311.7 mi
- Assembly Row4.512 mi
- Northshore Mall4.40.3 mi
- Square One Mall4.16.7 mi
- Boston Logan International Airport4.112.3 mi
- Park Shuttle & Fly4.510.8 mi
- The Lounge3.412.2 mi
- DaCoopas Pizza4.111.6 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.