Market Overview
Home Prices in Peabody, KS
The median home value in Peabody, KS is $112,343 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 5.8% compared to a year ago and up 0.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in Peabody are priced73% below average. Peabody is part of the Wichita, KS metro area.
Over the past five years, Peabody home values have risen by approximately43.5%, reflecting strong long-term appreciation in this market.
Price History
Peabody Home Price Trend
City Comparison
Peabody vs. National Median
At $112,343, homes in Peabody cost 73% below the national median of $410,000. This makes Peabody a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Peabody?
20% Down Payment
$22,469
on $112,343
Monthly P&I
$586/mo
30-yr @ 6.8%
Total Monthly Est.
~$744/mo
incl. taxes & insurance
Income Needed
$29,760
gross annual (30% rule)
10% Down Option
$11,234
+ PMI applies
Loan Amount (20% dn)
$89,874
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Peabody, KS?
The median home value in Peabody is $112,343 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 5.8% year-over-year.
How much have home prices changed in Peabody?
Over the past year, home values in Peabody have increased by 5.8%. Over five years, prices have risen approximately 43.5%.
How much do I need to earn to buy a home in Peabody?
To comfortably afford the median home price of $112,343 with a 20% down payment ($22,469) at today's rates (6.8%), you'd need a gross annual income of approximately $29,760. This assumes keeping total housing costs at or below 30% of gross income.
How does Peabody compare to the national average home price?
The national median home value is approximately $410,000. At $112,343, homes in Peabody are 73% below the national average.
What metro area is Peabody part of?
Peabody is part of the Wichita, KS metropolitan area. Home prices and market conditions can vary across the broader metro region.