#73345739, William Figueroa, Listing Office: United Brokers
Lynn Housing Market Report February 2025•Essex County, Massachusetts
Housing Prices in Lynn, MA
How much do homes in Lynn, MA cost?
Housing Market Conditions
Is Lynn, MA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Lynn is a Seller's Market
Difference Since February 2024
Since last year, Lynn has remained a Seller's Market.
Lynn is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in Lynn have sold for 6.2% more than they did a year ago.
Summary: The median home sold price in Lynn was $583,833 in February 2025, up 6.2% from last year, and the median price per square foot was $369.
Median Sold Price By Cities
City | Feb 2024 | Feb 2025 | Change YoY |
---|---|---|---|
Swampscott | $685K | $750.5K | +9.6% |
Saugus | $600K | $650K | +8.3% |
Peabody | $602.6K | $651.3K | +8.1% |
Lynn | $550K | $583.8K | +6.2% |
Median Sold Price By Bedrooms
Beds | Feb 2024 | Feb 2025 | Change YoY |
---|---|---|---|
11 Bedroom | $250K | $300K | +20.0% |
22 Bedrooms | $380K | $410K | +7.9% |
33 Bedrooms | $540K | $590K | +9.3% |
44 Bedrooms | $630K | $640K | +1.6% |
55+ Bedrooms | $780K | $857.5K | +9.9% |
Summary: Lynn housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes increased by +20.0%. The home price for 2 bedroom homes increased by +7.9%. The home price for 3 bedroom homes increased by +9.3%. The home price for 4 bedroom homes increased by +1.6%. The home price for 5 bedroom homes increased by +9.9%.
How does Lynn, MA compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Lynn, MA
Housing supply in Lynn, MA
How many homes are available in Lynn, MA?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
137Last MonthFeb 2025 | ||
1402 months agoJan 2025 | -2.1 % Change MoMJan – Feb |
Summary: The Lynn real estate market had 137 homes for sale in Feb 2025, a 2.1 % decrease compared to Jan 2025.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
30Last MonthFeb 2025 | ||
422 months agoJan 2025 | -28.6 % Change MoMJan – Feb |
Homes For Sale By Bedroom Count
Beds | Jan 2025 | Feb 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 19 | 16 | -15.8% |
22 Bedrooms | 36 | 28 | -22.2% |
33 Bedrooms | 32 | 35 | +9.4% |
44 Bedrooms | 18 | 22 | +22.2% |
55+ Bedrooms | 35 | 36 | +2.9% |
Summary: Lynn housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes decreased by -15.8%. The inventory for 2 bedroom homes decreased by -22.2%. The inventory for 3 bedroom homes increased by +9.4%. The inventory for 4 bedroom homes increased by +22.2%. The inventory for 5 bedroom homes increased by +2.9%.
Asking Price vs. Sold Price
How much do homes in Lynn, MA cost?
Over Asking Price18 Homes
At Asking Price5 Homes
Under Asking Price7 Homes
If you're buying a home in Lynn, you could pay more than the asking price. 60% of homes here sold above asking price last month.
Summary: A total of 30 homes were sold or pending in Lynn in February 2025, down by 28.6% month-over-month. Of the 30 sold homes, 23% were sold under asking, 17% were sold at asking, and and 60% were sold over asking.
Days on Market for Lynn, MA
How long does it take to sell a home in Lynn, MA?
Breakdown of Home Sale Times
Under 30 Days18 Homes
30 – 90 Days10 Homes
Over 90 Days2 Homes
Many homes in Lynn are selling fast, if you're buying plan to act quickly.
Summary: During February 2025, 30 homes were sold in Lynn; 60% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
40 DaysThis YearFeb 2025 | ||
21 Days1 year agoFeb 2024 | +84.1 % Change YoYFeb 2024 – Feb 2025 |
Summary: Homes in Lynn had an average listing age of 40 days in Feb 2025, up by 84.1% compared to the previous year.
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Newest Listings in Lynn, MA
What homes are available in Lynn, MA?
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MLS Disclaimers and Copyright
Based on information from MLS Property Information Network Inc., for the period 03/01/2023 - 03/01/2025

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/17/2025, 12:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.