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Featured local agent — Lynnfield, MA
Sarah Mitchell
Compass Real Estate · Lynnfield, MA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Lynnfield, MA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$1.15Mmedian sale price
How is the Lynnfield, MA housing market right now?
The median home sale price in Lynnfield, MA is $1.15M, up 9.5% year-over-year. Homes sell in an average of 18 days with 32 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Lynnfield a buyer's or seller's market?
Lynnfield, MA is currently a balanced market, based on 3.2 months of supply and homes selling in about 18 days. How we determine this →
Homes sold
10
Last 12 weeks
Days on market
18
Fast-moving
Active listings
32
3.2 months supply
Sale-to-list
99.4%
Below asking
What does the Lynnfield housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $1.15M |
| Median list price | $949,999 |
| Year-over-year price change | +9.5% |
| Average days on market | 18 days |
| Active inventory | 32 listings |
| Months of supply | 3.2 months |
| Sale-to-list price ratio | 99.4% |
| Median price per sq ft | $428/sq ft |
| Homes sold (latest month) | 10 |
| New listings (latest month) | 23 |
| Listings with a price cut | 25.0% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Lynnfield by property type?
How the Lynnfield, MA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $1.16M | $416/sq ft | 9 | 19 days |
| Condo / Co-op | $525,000 | $439/sq ft | 1 | 7 days |
| Townhouse | $922,500 | $481/sq ft | 2 | 102 days |
Source: Redfin · Updated monthly
The Lynnfield housing market is currently classified as a balanced market with a median sale price of $1.15M. Prices have risen 9.5% compared to last year, with homes spending an average of 18 days on market, indicating 3.2 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 6.6x provides context for how home values compare to local earning capacity.
Homes for sale in Lynnfield
There are currently 32 homes listed for sale in Lynnfield, Massachusetts. The median listing price is $950K.
Active listings
32
Homes on market
Median list price
$950K
Avg. days on market
18
Days until sale
New this week
23
Newly listed
Who lives in Lynnfield?
Population
12,964
Median income
$172,484/yr
Median age
41 years
Owner-occupied
86.5%
College grads
61.1%
Avg commute
32.6 min
Source: U.S. Census Bureau ACS
What are homes worth in Lynnfield?
Zillow home value
$1.13M
Zillow rent index
$3,181/mo
Price-to-rent ratio
29.6x
Price-to-income
6.6x
Source: Zillow Research
What is it like to live in Lynnfield?
Lynnfield is a community of approximately 13K residents with a median age of 41 years.The median household income is $172,484, which reflects a relatively affluent area with strong earning potential. 61.1% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 86.5%, reflecting strong community stability and long-term resident commitment. The average commute time is 32.6 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Lynnfield offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Lynnfield?
5 schools tracked · 2,186 students
The largest public schools serving Lynnfield, MA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Lynnfield Middle School
Grades 5-8 · 709 students
Lynnfield High
Grades 9-12 · 571 students
Huckleberry Hill
Grades K-4 · 449 students
Summer Street
Grades K-4 · 418 students
Lynnfield Preschool
Grades PK · 39 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Lynnfield, MA?
Want a head-to-head view? Compare Lynnfield side-by-side with any other U.S. city using our market-comparison tool.
Is Lynnfield a good real estate investment market?
For investors evaluating Lynnfield, the price-to-rent ratio of 29.6x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 9.5% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Lynnfield's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Lynnfield's median home price.
Frequently asked questions
What is the average home price in Lynnfield?
The median home sale price in Lynnfield is $1.15M, up 9.5% from last year.
How long do homes stay on market in Lynnfield?
Homes typically spend 18 days on market before going under contract.
What is the median income in Lynnfield?
The median household income is $172,484 per year.
Is Lynnfield a buyer's or seller's market?
With 3.2 months of supply, Lynnfield is currently a balanced market.
What is the Zillow home value estimate for Lynnfield?
The Zillow Home Value Index (ZHVI) for Lynnfield is $1.13M, representing the typical home value in the area.
What is the median condo price in Lynnfield?
The median condo/co-op sale price in Lynnfield, MA is $525,000, compared to $1.16M for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Lynnfield?
The median single-family home price in Lynnfield, MA is $1.16M (about $416 per square foot).
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