Lynnfield, MA 01940 Real Estate & Property Data

Lynnfield, MA 01940 Real Estate Market Trends
Last Updated: April 18, 2024

A total of 151 residential properties have been sold over the past 12 months in 01940. With a median sales price of $1,231,500 in 01940. Discover market trends and get the granular level real estate data for Lynnfield, MA 01940 to keep your pulse on the housing market. Curate compelling home reports for Lynnfield, MA 01940 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Lynnfield, MA 01940 Real Estate Market Trends
Total Residential Properties 4,063
Total Commercial Properties 143
Avg. Home Age (Single Family Home) 60 Years
Avg. Square Feet (Single Family Home) 2,726
Total 2024 Residential Sales (year-to-date) 20
% of Homes Seriously Underwater (Q2 2024) 0.72%
Total 2023 Residential Sales 136
% of Equity Rich Homes (Q2 2024) 56.36%
Effective 2023 Property Tax 0.97%
Total Foreclosure Filings (year-to-date) 2
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Lynnfield, MA 01940 Real Estate Overview

There were 151 residential properties sold in the past year in Lynnfield, MA 01940. The median home value in Lynnfield, MA 01940 is $960,880. There are a total of 4,063 residential properties in the 01940.

Median Sales Price i
$1,231,500
(Feb 2024)
-25.3%
year-over-year
y-o-y
  • February '24 Feb '24 $1,231,500
  • January '24 Jan '24 $750,000
  • December '23 Dec '23 $1,150,000
  • November '23 Nov '23 $1,100,000
  • October '23 Oct '23 $1,100,000
  • September '23 Sep '23 $900,000
  • August '23 Aug '23 $1,162,500
  • July '23 Jul '23 $1,040,000
  • June '23 Jun '23 $870,000
  • May '23 May '23 $1,001,000
  • April '23 Apr '23 $894,000
  • March '23 Mar '23 $921,000
Median Down Payment i
$200,000
(Feb 2024)
-62.9%
year-over-year
y-o-y
  • February '24 Feb '24 $200,000
  • January '24 Jan '24 $500,000
  • December '23 Dec '23 $670,000
  • November '23 Nov '23 $153,000
  • October '23 Oct '23 $292,500
  • September '23 Sep '23 $220,000
  • August '23 Aug '23 $393,750
  • July '23 Jul '23 $295,000
  • June '23 Jun '23 $350,000
  • May '23 May '23 $443,750
  • April '23 Apr '23 $102,912
  • March '23 Mar '23 $238,700
Number of Homes Sold i
12
(Feb 2024)
+200%
year-over-year
y-o-y
  • February '24 Feb '24 12
  • January '24 Jan '24 8
  • December '23 Dec '23 17
  • November '23 Nov '23 13
  • October '23 Oct '23 11
  • September '23 Sep '23 16
  • August '23 Aug '23 15
  • July '23 Jul '23 10
  • June '23 Jun '23 11
  • May '23 May '23 15
  • April '23 Apr '23 13
  • March '23 Mar '23 6
Number of Purchase Loans i
7
(Feb 2024)
+250%
year-over-year
y-o-y
  • February '24 Feb '24 7
  • January '24 Jan '24 3
  • December '23 Dec '23 8
  • November '23 Nov '23 9
  • October '23 Oct '23 9
  • September '23 Sep '23 10
  • August '23 Aug '23 13
  • July '23 Jul '23 8
  • June '23 Jun '23 7
  • May '23 May '23 11
  • April '23 Apr '23 9
  • March '23 Mar '23 6
Number of REFI Loans i
8
(Feb 2024)
+33.3%
year-over-year
y-o-y
  • February '24 Feb '24 8
  • January '24 Jan '24 15
  • December '23 Dec '23 14
  • November '23 Nov '23 7
  • October '23 Oct '23 10
  • September '23 Sep '23 11
  • August '23 Aug '23 9
  • July '23 Jul '23 11
  • June '23 Jun '23 13
  • May '23 May '23 13
  • April '23 Apr '23 5
  • March '23 Mar '23 4
Number of HELOC Loans i
3
(Feb 2024)
-50%
year-over-year
y-o-y
  • February '24 Feb '24 3
  • January '24 Jan '24 2
  • December '23 Dec '23 6
  • November '23 Nov '23 6
  • October '23 Oct '23 9
  • September '23 Sep '23 6
  • August '23 Aug '23 7
  • July '23 Jul '23 3
  • June '23 Jun '23 11
  • May '23 May '23 14
  • April '23 Apr '23 7
  • March '23 Mar '23 6

Lynnfield, MA 01940 Foreclosure Activity

Total Foreclosure Filings i
  • February '24 Feb '24 N/A
  • January '24 Jan '24 2
  • December '23 Dec '23 2
  • November '23 Nov '23 1
  • October '23 Oct '23 N/A
  • September '23 Sep '23 1
  • August '23 Aug '23 N/A
  • July '23 Jul '23 3
  • June '23 Jun '23 3
  • May '23 May '23 N/A
  • April '23 Apr '23 N/A
  • March '23 Mar '23 4
Foreclosure Starts i
  • February '24 Feb '24 N/A
  • January '24 Jan '24 N/A
  • December '23 Dec '23 1
  • November '23 Nov '23 N/A
  • October '23 Oct '23 N/A
  • September '23 Sep '23 1
  • August '23 Aug '23 N/A
  • July '23 Jul '23 2
  • June '23 Jun '23 2
  • May '23 May '23 N/A
  • April '23 Apr '23 N/A
  • March '23 Mar '23 2
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