01940 Home Values & Market Trends

There are 5 homes currently listed for 01940. 01940 real estate market trends show that home prices range from $599,000 to $2,750,000, and the median sales price in the 01940 zip code is $941,296.6. The total number of properties sold within the past twelve months is 172. In 01940, 7 properties are in foreclosure, 0 are bank owned properties,and 0 are headed for auction.

01940 Real Estate Market Overview

CityMedian Est. Value
Lynnfield

$ 799,888

$ 398/sqft

Housing Market Summary for 01940

Apr 2023March 2024Change
Median Listing Price$599.9K$905K50.85%
Median Sold Price$850K$905K6.46%
Homes For Sale13200.00%
Homes Sold617929.51%
Price
$/Sqft
Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in 01940

The median list price of a home in Lynnfield, is $941,296.6. A total of 5 properties are for sale, and the percentage of properties for sale in the zip code is 5.00%. The total count of 01940 properties is 4,244.

Foreclosure
There is 1 cities within 01940; within this cities, the median estimated home value for homes in foreclosure ranges from $1,378,690 in lynnfield to the lowest value of $681,556 in lynnfield. Foreclosure homes account for 0.00% of properties in 01940 with lynnfield containing 7 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.16% of all residential properties in 01940 with lynnfield containing 7 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 01940; of that cities, the estimated home value for pre-foreclosure homes ranges from $1,378,690 in lynnfield to the lowest home value of $681,556 in lynnfield.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 01940 ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in 01940. There is 1 cities within 01940; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    N/A has 0 auction properties, the highest number of properties going to auction in a single city in the state of 01940. Auction homes and other auction properties account for 0% of all properties in 01940. There is 1 cities within 01940; of that cities, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.12% of residential properties in 01940 with lynnfield containing 5 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 01940; homes for sale in that cities, have a range of median values from $2,750,000 in lynnfield to the lowest value of $518,466 in lynnfield.
    Sold Homes
    The median value for recently sold homes ranges from $4,218,480 in lynnfield to the lowest price of $240,528 in lynnfield. There is 1 cities within 01940. lynnfield has 76 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 1.79% of properties in 01940.

      Compare Nearby Zip Codes

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      Guide for 01940

      Market Reports
      Boston Real Estate: A Year of Growth – Market Report March 2024
      Home Buying Guides & Tips
      How To Stop a Foreclosure via a Short Sale
      Financing Guides
      How To Protect Your Credit Score After Foreclosure
      Market Reports
      Augusta, ME Property Values Soar to $342K Amid Dipping Sales Volume
      See More Articles
      Boston Real Estate: A Year of Growth – Market Report March 2024
      Market Reports|posted 14 March 2024

      This analysis highlights the significant growth in Boston’s real estate market with increasing property values, and the diversity of pricing in its neighborhoods. It presents a dynamic market catering to a wide range of buyers and investors, from high-end to more economic entry points.

      How To Stop a Foreclosure via a Short Sale
      Home Buying Guides & Tips|posted 26 April 2024

      Learn how a short sale can stop the foreclosure process.

      How To Protect Your Credit Score After Foreclosure
      Financing Guides|posted 24 April 2024

      Learn effective strategies to safeguard your credit score after experiencing a foreclosure.

      Augusta, ME Property Values Soar to $342K Amid Dipping Sales Volume
      Market Reports|posted 24 April 2024

      The Augusta, Maine real estate market has seen considerable growth in property values and price per square foot, despite a decrease in sales. Comparisons with neighboring cities suggest diverse market conditions.

      Recently Listed Homes 01940

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