Why Live in Lynnfield
Lynnfield is a historic Essex County community with a population of about 13,000, located approximately 15 miles north of Boston. The neighborhood retains its original 18th-century town hall and town green, contributing to its peaceful, residential atmosphere. Recent developments, such as the MarketStreet shopping mall, have introduced a variety of dining and retail options, including over 90 restaurants and stores, enhancing the local economy while maintaining a low-key feel. Classic New England home styles, including Colonial Revivals, Cape Cods, and ranch-style homes, are prevalent, with newer townhouses and single-family homes added in the 2000s. Lynnfield boasts several parks, two municipal golf courses, and over 100 acres of conservation land, offering ample green spaces and hiking trails. Cultural activities include events at the 18th-century Meeting House, art exhibitions by the Lynnfield Art Guild, and various programs at the Lynnfield Public Library. The town is served by highly rated Lynnfield Public Schools and Lynnfield High, which offer Advanced Placement and dual enrollment opportunities. Commuting is facilitated by Interstate 95 and U.S. Route 1, with Boston Logan International Airport 14 miles away. Crime rates in Lynnfield are lower than the national average, contributing to its appeal as a safe residential area.
Home Trends in Lynnfield, MA
On average, homes in Lynnfield, MA sell after 27 days on the market compared to the national average of 50 days. The median sale price for homes in Lynnfield, MA over the last 12 months is $961,750, down 13% from the median home sale price over the previous 12 months.
Median Sale Price
$961,750
Median Single Family Sale Price
$1,004,000
Median Townhouse Sale Price
$564,000
Median 2 Bedroom Sale Price
$639,000
Average Price Per Sq Ft
$430
Number of Homes for Sale
16
Last 12 months Home Sales
122
Median List Price
$992,450
Median Change From 1st List Price
-1%
Median Home Sale Price YoY Change
-13%