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Sarah Mitchell
Compass Real Estate · ZIP 01905
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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01905 ZIP Code Housing Market
$630,000median sale price
What is the 01905 housing market like right now?
The median home sale price in ZIP code 01905 is $630,000, up 11.5% year-over-year. Homes sell in an average of 29 days with 27 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of March 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is the 01905 ZIP code a buyer's or seller's market?
ZIP code 01905 is currently a balanced market and homes selling in about 29 days. How we determine this →
What are the latest 01905 housing market stats?
| Metric | Value |
|---|---|
| Median sale price | $630,000 |
| Median list price | $680,000 |
| Year-over-year price change | +11.5% |
| Average days on market | 29 days |
| Active inventory | 27 listings |
| Sale-to-list price ratio | 102.1% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
The 01905 zip code, located in Lynn, MA, is currently classified as a balanced market. The median sale price stands at $630,000, representing a +11.5% change year over year. Homes in this area spend an average of 29 days on the market before going under contract. There are currently 27 active listings in the area, which influences how much negotiating power buyers and sellers have.
ZIP 01905 sits in the Lynn, MA area, roughly 1 miles from downtown Lynn. Because home prices are set street by street, this ZIP can move differently from Lynn's citywide averages. The figures below reflect 01905 specifically — drawn from Redfin transactions, U.S. Census data for its 28,221 residents, and Zillow value estimates.
Homes sold
27
Last 12 weeks
Days on market
29
Average pace
Active listings
27
Sale-to-list
102.1%
Above asking
What is driving the 01905 housing market?
The 01905 real estate market is shaped by a combination of local demand, housing supply, and broader economic trends. As a balanced market, homes are selling at approximately 102.1% of their listed price.
Year-over-year price trends are one of the most important indicators for both homebuyers and investors. Prices in 01905 have increased +11.5% compared to last year, suggesting continued demand and potential for further appreciation. For context, it's valuable to compare this trend against neighboring zip codes and the broader metro area to determine whether this performance is localized or part of a regional pattern.
The Zillow Home Value Index (ZHVI) for 01905 stands at $589,477, which represents Zillow's estimate of the typical home value in the area. The Zillow Observed Rent Index (ZORI) indicates typical rents of $2,636 per month. This gives a price-to-rent ratio of approximately 18.6, which sits in a moderate range where the buy-versus-rent decision depends heavily on individual financial circumstances and time horizon. Use our mortgage calculator to estimate monthly payments based on current home values and interest rates.
Who lives in 01905?
Population
28,221
Median income
$84,333/yr
Median age
33.1 years
Owner-occupied
51.7%
College grads
20.6%
Avg commute
49.43 min
What is it like living in 01905?
Zip code 01905 is home to approximately 28,221 residents. The median household income is $84,333 per year, which shapes the types of homes and amenities available in the area. With a median age of 33.1 years, the community's age profile influences everything from school enrollment to local business types and recreational offerings. Approximately 51.7% of housing units are owner-occupied, showing a healthy mix of homeowners and renters that contributes to a diverse community.
About 20.6% of residents hold a bachelor's degree or higher, which often correlates with access to knowledge-economy jobs and higher earning potential in the area. The average commute time is 49.43 minutes, which is above the national average and may reflect a suburban or exurban setting where residents trade commute time for more affordable housing or larger lots. These demographic factors, combined with the market data above, help paint a complete picture of what it's like to live and own property in 01905.
Which public schools serve ZIP 01905?
10 schools tracked · 5,543 students
The largest public schools serving ZIP code 01905 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.
Classical High
Grades 9-12 · 1,878 students
Breed Middle School
Grades 6-8 · 1,253 students
Wm P Connery
Grades K-5 · 554 students
A Drewicz Elementary
Grades K-5 · 492 students
Julia F Callahan
Grades PK-5 · 394 students
Tracy
Grades 1-5 · 380 students
Sewell-Anderson
Grades K-5 · 271 students
Lincoln-Thomson
Grades K-5 · 216 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Frequently asked questions about 01905
What is the median home price in 01905?
The current median sale price in 01905 is $630,000, based on recent Redfin transaction data. Prices have changed +11.5% compared to last year. For the most up-to-date pricing and to see how this compares to nearby areas, use our comparison tool.
Is 01905 a buyer's or seller's market?
The 01905 zip code is currently classified as a balanced market. This assessment is based on key indicators including months of supply, sale-to-list price ratios, and average days on market.
What is the population of zip code 01905?
Zip code 01905 has a population of approximately 28,221 residents. The median household income is $84,333 per year. About 51.7% of homes are owner-occupied. This data is sourced from the U.S. Census Bureau and is updated annually.
How do I research neighborhoods in 01905?
Properties Incorporated provides comprehensive data for 01905 including median home prices, price history charts, days on market, active inventory, and Census Bureau demographics. To compare this area with other zip codes or cities, use our comparison tool. For mortgage planning, our mortgage calculator estimates monthly payments based on current prices and interest rates.
How often is the data for 01905 updated?
Market data on Properties Incorporated is updated regularly as new information becomes available. Redfin sales data is typically refreshed monthly, Zillow home value and rent estimates update monthly, and Census Bureau demographics are updated annually.
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