Is Lynn, MA 01902 a buyer’s or seller’s market?

The Lynn housing market right now

In the three months ending August 31, 2026, 51% of homes in Lynn, MA 01902 sold above their list price, the typical home went under contract in 26 days and there were 3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 81 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (50% then), homes sold about as fast and the median sale price rose 6% to $559,758. Overall, Lynn is about as competitive as it was a year ago.

Within Essex County, homes here sell more slowly than in 88% of the county’s ZIP codes, and sell less often over asking than in 66%. On our competition score, Lynn ranks #240 of 362 MA ZIP codes with enough sales (score 78 out of 100).

Nearby, buyers who want less competition could look at Nahant 01908 (0% sold over asking) or Lynn 01901 (0% sold over asking), while Groveland 01834 (74% sold over asking) and Wenham 01984 (71% sold over asking) are even more competitive.