Lynn, MA Housing Market
The Lynn housing market is very competitive. Homes in Lynn receive 6 offers on average and sell in around 24 days. The median sale price of a home in Lynn was $560K last month, up 5.7% since last year. The median sale price per square foot in Lynn is $377, up 16.0% since last year.
Lynn Housing Market Trends
In March 2024, Lynn home prices were up 5.7% compared to last year, selling for a median price of $560K. On average, homes in Lynn sell after 24 days on the market compared to 29 days last year. There were 35 homes sold in March this year, down from 47 last year.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Lynn housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 3% above list price and go pending in around 20 days.
- Hot homescan sell for about 8% above list price and go pending in around 12 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 2% above list price and go pending in around 20 days.
- Hot homescan sell for about 6% above list price and go pending in around 14 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 2% above list price and go pending in around 20 days.
- Hot homescan sell for about 7% above list price and go pending in around 10 days.
Lynn Migration & Relocation Trends
- Across the nation, 2% of homebuyers searched to move into Lynn from outside metros.
- New York homebuyers searched to move into Lynn more than any other metro followed by Hartford and San Francisco.
- 82% of Lynn homebuyers searched to stay within the Lynn metropolitan area.
- Portland was the most popular destination among Lynn homebuyers followed by Lebanon and Miami.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Jan '24 - Mar '24 | ||
1 | 2,367 | ||
2 | 1,280 | ||
3 | 400 | ||
4 | 312 | ||
5 | 131 | ||
6 | 108 | ||
7 | 105 | ||
8 | 28 | ||
9 | 17 | ||
10 | 8 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Jan '24 - Mar '24 | ||
1 | 3,041 | ||
2 | 1,853 | ||
3 | 1,807 | ||
4 | 1,019 | ||
5 | 995 | ||
6 | 895 | ||
7 | 753 | ||
8 | 664 | ||
9 | 394 | ||
10 | 347 |
Home offer insights for Lynn
Recent offers
- Offer Not Accepted|8 Weeks Ago~$450K OfferSold for $450K3 bd | 1.5 ba | ~1,250 sqftOver List Price4%Days on Market9Competing Offers8Down Payment<10%
- Offer Not Accepted|8 Weeks Ago~$650K OfferSold for $700K3 bd | 2.5 ba | ~1,750 sqftOver List Price2%Days on Market21Competing Offers14Down Payment<10%
- Offer Not Accepted|11 Weeks Ago~$850K OfferSold for $900K9 bd | 3 ba | ~3,500 sqftOver List Price1%Days on Market7Competing Offers6Down Payment~20%
View houses in Lynn that sold recently
Recently sold homes
- $616,000 Last Sold Price3 beds1.5 baths1,248 sq ft13 Wyoma St, Lynn, MA 01904List Price$539,900Sale to List14% over listDays on Market49 days13 Wyoma St, Lynn, MA 01904
- $780,000 Last Sold Price5 beds2 baths2,218 sq ft50 Cottage St, Lynn, MA 01905List Price$700,000Sale to List11% over listDays on Market47 days50 Cottage St, Lynn, MA 01905
- $850,000 Last Sold Price6 beds4.5 baths3,732 sq ft60 Harwood St, Lynn, MA 01902List Price$895,000Sale to List5% under listDays on Market101 days60 Harwood St, Lynn, MA 01902
- $95,000 Last Sold Price1 bed1 bath421 sq ft285 Lynn Shore Dr #305, Lynn, MA 01902List Price$135,000Sale to List30% under listDays on Market42 days285 Lynn Shore Dr #305, Lynn, MA 01902
- $585,000 Last Sold Price3 beds1.5 baths1,750 sq ft30 Broadway Unit B, Lynn, MA 01904List Price$599,900Sale to List2% under listDays on Market141 days30 Broadway Unit B, Lynn, MA 01904
- $380,000 Last Sold Price2 beds1 bath572 sq ft1 Bickerton St, Lynn, MA 01904List Price$379,900Sale to List0% over listDays on Market52 days1 Bickerton St, Lynn, MA 01904
- $585,000 Last Sold Price3 beds1.5 baths1,750 sq ft30 Broadway Unit A, Lynn, MA 01904List Price$599,900Sale to List2% under listDays on Market161 days30 Broadway Unit A, Lynn, MA 01904
- $330,000 Last Sold Price1 bed1 bath895 sq ft408 Broadway #304, Lynn, MA 01904List Price$324,000Sale to List2% over listDays on Market32 days408 Broadway #304, Lynn, MA 01904
See all recently sold homes in Lynn.
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Schools in Lynn
- Elementary
- Middle
- High
GreatSchools Rating
6/10 Lynn Woods Elementary School Public • K-5 | 177 Students | 1 reviews |
5/10 Aborn Elementary School Public • K-5 | 256 Students | 2 reviews |
5/10 Shoemaker Elementary School Public • PreK-5 | 318 Students | 6 reviews |
4/10 Tracy Elementary School Public • 1-5 | 427 Students | 2 reviews |
4/10 Julia F Callahan Public • PreK-5 | 440 Students | 2 reviews |
Climate's impact on Lynn housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Lynn.
Flood Factor - Moderate
Flood Factor
Fire Factor - Moderate
Fire Factor
Wind Factor - Major
Wind Factor
Wind likelihood over time
Heat Factor - Major
Heat Factor
Transportation in Lynn
Walk Score®
Transit Score®
Bike Score®
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