Lynn, MA Home Values & Market Trends
Real estate market trends reflect that there have been 792 transactions over the past year in Lynn. The median value for residential home transactions that occurred over the previous year is $546,565.73. The number of current listings in Lynn is 18, and the percentage of properties for sale in the city is 18.00%. Lynn, MA currently has 51 properties in foreclosure, 2 bank owned properties, 10 properties headed for auction, and 18 properties for sale.
Lynn, MA Real Estate Market Overview
Housing Market Summary for Lynn, MA
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $429.9K | $533.6K | 24.13% |
| Median Sold Price | $494.9K | $533.6K | 7.83% |
| Homes For Sale | 17 | 17 | - |
| Homes Sold | 324 | 348 | 7.41% |
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%.
Recently Sold Homes
Explore recent offers and recently sold homes in Lynn, MA
Browse Homes in Lynn, MA
Lynn home values range from $73,124 to $1,635,000. The median estimated value of a home in Lynn is $546,565.73. The median list price of a home is 462,000, and the total count of properties in the city is 19,231.
- Pre-ForeclosurePre-foreclosure homes account for 0.20% of all residential properties in Lynn, MA with 01902 containing 18 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 4 zips within Lynn, MA; of those zips, the estimated home value for pre-foreclosure homes ranges from $813,500 in 01905 to the lowest home value of $239,500 in 01902.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Lynn, MA ranges from the highest value of $640,200 in 01902 to the lowest value of $311,098 in 01902. Bank owned homes and properties account for 0.01% of properties in Lynn, MA. There are 4 zips within Lynn, MA; 01902 containing 2 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions01904 has 4 auction properties, the highest number of properties going to auction in a single zip in the state of Lynn, MA. Auction homes and other auction properties account for 0.05% of all properties in Lynn, MA. There are 4 zips within Lynn, MA; of those zips, the median estimated home value for homes going to auction ranges from $718,000 in 01902 to the lowest value of $350,000 in 01902.
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More Real Estate Resources for Lynn, MA
Guide for Lynn, MA
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