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Lynn Central SquarePhoto: Marcbela (Marc N. Belanger) · Public domain
Housing in Lynn

602 homes sold in Lynn in the last year, at a typical $583K

About one sale in 4 is a condo. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Lynn homes are listed.

Homes sold
602
June 2025 to May 2026
Typical sale price
$583K
houses $591K · condos $339K
Price per square foot
$385
Massachusetts $392
Paid vs. asking
100.7%
52% sold over asking
For sale now
143
May 2026 · 47 sold that month
What sold · last 12 months

19% of Lynn’s sales are condos, at $252K less than a house

357 houses and 117 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.

Houses$591K

typical sale · 357 sold in 12 months

Per square foot
$406MA $368
Days to sell
24
Sold over asking
57%
Listings with a price cut
30%
Condos$339K

typical sale · 117 sold in 12 months

Per square foot
$395MA $562
Days to sell
44
Sold over asking
26%
Listings with a price cut
28%
Fewer sales

Multi-family (2–4 units): 93 sold, typical $830K
Townhouses: 35 sold, typical $574K

Too few sales in 12 months for reliable figures.

14 years of sales

Fewer homes sell than a decade ago, at twice the 2016 price

602 sales in the last year, against 1,054 in 2017 and a low of 594 in 2023. The typical sale went from $295K in 2016 to $583K.

Homes soldTypical sale price
02755508251100$250K$400K$550K$700K2012: 671 sold, typical $187K’122013: 731 sold, typical $222K2014: 792 sold, typical $248K’142015: 904 sold, typical $267K2016: 1022 sold, typical $295K’162017: 1054 sold, typical $330K2018: 1008 sold, typical $359K’182019: 1040 sold, typical $390K2020: 886 sold, typical $425K’202021: 971 sold, typical $479K2022: 795 sold, typical $507K’222023: 594 sold, typical $546K2024: 622 sold, typical $571K’242025: 626 sold, typical $592KLast 12 months: 602 sold, typical $583KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $600K buys in Lynn

Houseat $406 a sq ft
Condoat $395 a sq ft
The same money in Massachusettsat $368 a sq ft

Is this asking price fair?

Check a listing against what Lynn homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Lynn are back to pre-pandemic levels, but 17% fewer homes come up for sale

We read every month of Lynn’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 602 sales.

If you’re buying in Lynn

  • Shop in March. It brings about 90 new listings a month, close to the busiest month, with fewer bidding wars (52% over asking).
  • Some room to negotiate. 26% of listings cut their price, about as many as before the pandemic.
  • Bid near asking. Buyers paid 100.7% of the list price on average; 52% paid over.
  • Move fast on good ones. Half of homes are under contract within two weeks.
Best time to buy

Summer brings both the most homes and the most bidding wars

June has the most new listings (about 111 a month), and the most competition: 61% close over asking. March offers nearly as much choice with fewer homes bid up (52%). January has the least competition (46%) but only about 58 new listings.

New listings a monthShare sold over asking
028.857.586.311527%53%80%Sweet spotJan: 58 new listings a month, 46% sold over asking, 32 days to sellJFeb: 59 new listings a month, 46% sold over asking, 41 days to sellFMar: 90 new listings a month, 52% sold over asking, 31 days to sellMApr: 96 new listings a month, 57% sold over asking, 25 days to sellAMay: 102 new listings a month, 60% sold over asking, 17 days to sellMJun: 111 new listings a month, 61% sold over asking, 15 days to sellJJul: 95 new listings a month, 60% sold over asking, 16 days to sellJAug: 97 new listings a month, 58% sold over asking, 18 days to sellASep: 108 new listings a month, 57% sold over asking, 20 days to sellSOct: 97 new listings a month, 58% sold over asking, 21 days to sellONov: 68 new listings a month, 55% sold over asking, 20 days to sellNDec: 43 new listings a month, 50% sold over asking, 22 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and hotter than Massachusetts

Lynn now2017–192021 peakMA now
Sold over askingShare of sales that closed above the list price52%52%70%45%
Gone within two weeksShare of homes under contract within 14 days47%52%67%49%
Listings with a price cutShare of homes for sale that cut their price26%25%17%25%
Price paid vs. askingAverage sale price ÷ list price100.7%100.8%103.8%100.4%
Days to sellMedian days from listing to contract27172127
Supply

111 homes for sale on a typical day

That’s 1.7 times the 2023 low (67), 17% fewer than in 2017–19 and well under 2012’s 359.

2012: 359 for sale’122013: 306 for sale2014: 293 for sale2015: 196 for sale’152016: 149 for sale2017: 134 for sale2018: 127 for sale’182019: 140 for sale2020: 104 for sale2021: 104 for sale’212022: 82 for sale2023: 67 for sale2024: 67 for sale’242025: 104 for saleLast 12 months: 111 for saleNow
Room to negotiate

1 in 4 listings has cut its price

26% in the last year, against 25% in 2017–19 and 25% across Massachusetts.

2015: 24%’152016: 21%2017: 23%2018: 27%’182019: 25%2020: 15%2021: 17%’212022: 20%2023: 16%2024: 20%’242025: 28%Last 12 months: 26%Now
Prices by type

Since 2019, houses are up 54%, condos 32%

A house typically sold for $591K in the last year (357 sales), a condo for $339K (117).

$250K$400K$550K$700K2013201520172019202120232025NowHouses 2013: $226K, 443 salesHouses 2014: $248K, 475 salesHouses 2015: $265K, 555 salesHouses 2016: $295K, 588 salesHouses 2017: $328K, 615 salesHouses 2018: $352K, 591 salesHouses 2019: $384K, 585 salesHouses 2020: $427K, 525 salesHouses 2021: $477K, 538 salesHouses 2022: $512K, 452 salesHouses 2023: $547K, 342 salesHouses 2024: $587K, 344 salesHouses 2025: $602K, 372 salesHouses last 12 months: $591K, 357 salesHouses $591KCondos 2013: $131K, 102 salesCondos 2014: $132K, 125 salesCondos 2015: $164K, 132 salesCondos 2016: $175K, 169 salesCondos 2017: $197K, 164 salesCondos 2018: $233K, 164 salesCondos 2019: $257K, 172 salesCondos 2020: $277K, 155 salesCondos 2021: $287K, 190 salesCondos 2022: $320K, 142 salesCondos 2023: $316K, 108 salesCondos 2024: $351K, 140 salesCondos 2025: $337K, 122 salesCondos last 12 months: $339K, 117 salesCondos $339K

Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.

Across Massachusetts

Lynn ranks 71st of 206 busy Massachusetts markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Lynn is in the middle of the pack.

Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Lynn home costs about $3,555 a month

Mortgage
Property tax
Insurance
Rent

Price: Lynn’s typical sale, last 12 months. Property tax at Lynn’s 1.1% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Lynn is affordable on local pay is on Cost of living.

Before you buy in Lynn

Six things worth knowing

111

New listings in June

The month with the most choice. December has the fewest, about 43.

Best time to buy
1.1%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $583K home, about $6,160 a year.

Taxes vs. neighbors
D

Schools

The schools grade for Lynn, from test results, graduation and how much students grow.

Schools in Lynn
32 min

Typical commute

The average one-way trip to work for people who live in Lynn.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Saugus sells for less a square foot; Nahant for far more

The busier markets within 25 miles of Lynn, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Lynn602$583K$38552%27
Salem472$591K$39446%27
Revere388$609K$43442%35
Peabody357$656K$39559%23
Swampscott162$814K$41648%28
Saugus42$784K$36857%22
Nahant21$1.1M$52229%76

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Lynn, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Lynn. People who follow the town see it, and so do people comparing Lynn with their own town. No commission, no listing fee.

Questions about buying a home in Lynn

What do homes sell for in Lynn, MA?

602 homes sold in the year to May 2026 at a typical $583K, $385 a square foot. Houses sold for about $591K, condos for about $339K.

Is Lynn a buyer’s or seller’s market?

A seller’s market: 143 homes were for sale in May 2026 and 47 sold, about 3 months of supply. Buyers paid 100.7% of asking on average, and 26% of listings cut their price.

When is the best time to buy in Lynn?

June brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Lynn?

About 1.1% of a home’s value a year. On a $583K home that’s near $6,160.

Where can I see homes for sale in Lynn?

Zillow, Redfin, Realtor.com and Homes.com all carry Lynn’s MLS listings; the search links above open each one filtered to Lynn.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).