$599,900
1,835 SqFt
3 Beds
•1 Full Bath
#73308465, Paula Pickett, Listing Office: Coldwell Banker Realty - Marblehead
September 2024
Report Updated 30 Days Ago
Is Lynn, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
Since last year, Lynn has remained a Seller's Market.
How much do homes in Lynn, MA cost?
$565,055
$356/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
Summary: The median home sold price in Lynn was $565,055 in September 2024, up 6.6% from last year, and the median price per square foot was $356.
# BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $265.5K | $295K | +11.1% |
2 Bedrooms | $388K | $410K | +5.7% |
3 Bedrooms | $510K | $570K | +11.8% |
4 Bedrooms | $610K | $640K | +4.9% |
5+ Bedrooms | $760K | $817.5K | +7.6% |
Summary: Lynn housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.1%, 2 bedroom homes increased by 5.7%, 3 bedroom homes increased by 11.8%, 4 bedroom homes increased by 4.9%, and 5+ bedroom homes increased by 7.6%.
Swampscott | $650K | $735K | +13.1% |
Peabody | $585.2K | $645K | +10.2% |
Lynn | $530K | $565K | +6.6% |
Saugus | $600K | $625K | +4.2% |
How many homes are available in Lynn, MA?
Aug 2024 | Sep 2024 | CHANGE |
---|---|---|
170 | 172 | +1.2% |
Summary: The Lynn real estate market had 172 homes for sale in September 2024, a 1.2% increase compared to August 2024.
# BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 10 | 12 | +20.0% |
2 Bedrooms | 37 | 41 | +10.8% |
3 Bedrooms | 68 | 67 | -1.5% |
4 Bedrooms | 25 | 21 | -16.0% |
5+ Bedrooms | 30 | 31 | +3.3% |
Summary: The Lynn housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes increased by 10.8%, 3 bedroom homes decreased by 1.5%, 4 bedroom homes decreased by 16%, and 5+ bedroom homes increased by 3.3%.
Aug 2024 | Sep 2024 | CHANGE |
---|---|---|
60 | 48 | -20.0% |
14 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
29 Homes Were Sold
Over Asking
Summary: A total of 48 homes were sold or pending in Lynn in September 2024, down by 20.0% month-over-month. Of the 48 sold homes, 29% were sold under asking, 10% were sold at asking, and 60% were sold over asking.
How long does it take to sell a home in Lynn, MA?
Sep 2023 | Sep 2024 | CHANGE |
---|---|---|
21 Days | 28 Days | +34.7% |
Summary: Homes in Lynn had an average of 28 days on market in Sep 2024, up by 34.7% compared to last year.
35 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During September 2024, 48 homes were sold in Lynn; 73% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 2% of homes were sold over 90 days.
Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.
Report Updated 30 Days Ago
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MLS Disclaimers and Copyright
Based on information from MLS Property Information Network Inc. for the period 10/01/2022 - 10/01/2024
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: 10/31/2024, 6:20:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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