Is Lynn, MA 01901 a buyer’s or seller’s market?
Lynn is a balanced market. With about 5.3 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Lynn housing market right now
In the three months ending August 31, 2026, 0% of homes in Lynn, MA 01901 sold above their list price, the typical home went under contract in 49 days and there were 5.3 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. With only 3 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking fell from 20%, homes sold about as fast and the median sale price fell 5% to $296,872. Overall, Lynn is less competitive than a year ago, which gives buyers more room.
Within Essex County, homes here sell more slowly, and less often over asking, than in any other ZIP code in the county.
Nearby, Groveland 01834 (74% sold over asking) and Wenham 01984 (71% sold over asking) are even more competitive.
Run the numbers for 01901
Nearby markets
Amesbury 01913Seller’s market $385 /sq ftAndover 01810Seller’s market $412 /sq ftBeverly 01915Seller’s market $475 /sq ftBoxford 01921Seller’s market $357 /sq ft Browse all markets →Where Lynn is
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Questions about Lynn real estate
Is Lynn a buyer’s or seller’s market?
A balanced market: there were 5.3 months of supply in Lynn, MA 01901 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Lynn?
The typical home went under contract in 49 days in the latest three months.
Do homes in Lynn sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 99.9% of the list price.
What are property taxes in Lynn?
About 1.04% of a home’s value a year in Essex County, or roughly $4,160 on a $400,000 home.
What is the median home price in Lynn?
The median sale price was $296,872 in the three months ending August 31, 2026, about $390 per square foot.
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More tools for 01901
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology