6 hours on Rocket
$5,332 Closing Credit¹
#73355014, George Colella, Listing Office: Trusted Source Realty Group
Lynn Housing Market Report March 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 March 2024
Since last year, Lynn has remained a Seller's Market.
Insight
Lynn is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$584,375$369/SqFt
+$34,375
+6.3%
Based on all homes sold in the last 12 months
Insight
Homes in Lynn have sold for 6.3% more than they did a year ago.
Summary: The median home sold price in Lynn was $584,375 in March 2025, up 6.3% from last year, and the median price per square foot was $369.
Median Sold Price By Cities
| City | Mar 2024 | Mar 2025 | Change YoY |
|---|---|---|---|
| Swampscott | $680K | $754.5K | +11.0% |
| Saugus | $601.6K | $650K | +8.0% |
| Peabody | $608.1K | $654K | +7.5% |
| Lynn | $550K | $584.3K | +6.3% |
| Nahant | $915K | $950K | +3.8% |
Median Sold Price By Bedrooms
| Beds | Mar 2024 | Mar 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $252K | $295K | +17.1% |
| 22 Bedrooms | $381K | $407.5K | +7.0% |
| 33 Bedrooms | $540K | $590K | +9.3% |
| 44 Bedrooms | $639.9K | $637.5K | -0.4% |
| 55+ Bedrooms | $797.5K | $855K | +7.2% |
Summary: Lynn housing price by bedroom type for March 2025, compared to the previous year. The home price for 1 bedroom homes increased by +17.1%. The home price for 2 bedroom homes increased by +7.0%. The home price for 3 bedroom homes increased by +9.3%. The home price for 4 bedroom homes decreased by -0.4%. The home price for 5 bedroom homes increased by +7.2%.
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 |
|---|---|---|
| 175Last MonthMar 2025 | ||
| 1442 months agoFeb 2025 | +21.5 % Change MoMFeb – Mar |
Summary: The Lynn real estate market had 175 homes for sale in Mar 2025, a 21.5 % increase compared to Feb 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 42Last MonthMar 2025 | ||
| 352 months agoFeb 2025 | +20.0 % Change MoMFeb – Mar |
Homes For Sale By Bedroom Count
| Beds | Feb 2025 | Mar 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 20 | 20 | 0.0% |
| 22 Bedrooms | 26 | 30 | +15.4% |
| 33 Bedrooms | 37 | 54 | +45.9% |
| 44 Bedrooms | 22 | 27 | +22.7% |
| 55+ Bedrooms | 39 | 44 | +12.8% |
Summary: Lynn housing inventory by bedroom type for March 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +15.4%. The inventory for 3 bedroom homes increased by +45.9%. The inventory for 4 bedroom homes increased by +22.7%. The inventory for 5 bedroom homes increased by +12.8%.
Asking Price vs. Sold Price
How much do homes in Lynn, MA cost?
Over Asking Price33 Homes
At Asking Price3 Homes
Under Asking Price6 Homes
Insight
If you're buying a home in Lynn, you could pay more than the asking price. 78.6% of homes here sold above asking price last month.
Summary: A total of 42 homes were sold or pending in Lynn in March 2025, up by 20.0% month-over-month. Of the 42 sold homes, 14% were sold under asking, 7% were sold at asking, and and 79% 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 Days33 Homes
30 – 90 Days9 Homes
Over 90 Days0 Home
Insight
Many homes in Lynn are selling fast, if you're buying plan to act quickly.
Summary: During March 2025, 42 homes were sold in Lynn; 79% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 21 DaysThis YearMar 2025 | ||
| 34 Days1 year agoMar 2024 | -37.4 % Change YoYMar 2024 – Mar 2025 |
Summary: Homes in Lynn had an average listing age of 21 days in Mar 2025, down by 37.4% compared to the previous year.
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Newest Listings in Lynn, MA
What homes are available in Lynn, MA?
6 hours on Rocket
$10,000 Closing Credit¹
#73355011, Michael Solimine, Listing Office: Solimine Real Estate
6 hours on Rocket
$10,000 Closing Credit¹
#73355009, Trinh Tran, Listing Office: Transcend Realty
1 day on Rocket
$8,311 Closing Credit¹
#73352501, Lucien Nere, Listing Office: Pena Realty Corporation
1 day on Rocket
$5,700 Closing Credit¹
#73354413, John Carey, Listing Office: Century 21 North East
1 day on Rocket
$7,361 Closing Credit¹
#73354397, Katherine Meisenheimer, Listing Office: LAER Realty Partners
1 day on Rocket
$7,719 Closing Credit¹
#73354316, Jonathan Mannion, Listing Office: Lamacchia Realty, Inc.
1 day on Rocket
$3,859 Closing Credit¹
#73354155, Rebecca Huang, Listing Office: East West Real Estate, LLC
1 day on Rocket
$3,561 Closing Credit¹
#73352570, Deborah Colleran, Listing Office: Century 21 North East
1 day on Rocket
$5,094 Closing Credit¹
#73354146, Cynthia Anselmo, Listing Office: East Coast Properties
1 day on Rocket
$6,757 Closing Credit¹
#73354013, Eugene Clements, Listing Office: Clements Realty Group
1 day on Rocket
#73353993, Oleg Elisev, Listing Office: Greenville Real Estate Group, Inc.
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MLS Disclaimers and Copyright
Based on information from MLS Property Information Network Inc., for the period 04/01/2023 - 04/01/2025
Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/4/2025, 4:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.