Is Lynn, MA 01904 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Lynn is a seller’s market. With about 1.7 months of supply and 56% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Competition score89/ 100

More competitive than 93% of U.S. ZIP codes, and #100 of 362 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply1.7Under 4 months = seller’s market
Sold above original list56.1%Share of sales, last 3 months
Median sale-to-list101.8%Sold price ÷ list price
Median days on market22Listing to accepted offer
Median price per sq ft$391▲ +2.3% vs. last year

The Lynn housing market right now

In the three months ending August 31, 2026, 56% of homes in Lynn, MA 01904 sold above their list price, the typical home went under contract in 22 days and there were 1.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 75 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 47%, homes sold about as fast and the median sale price held steady to $620,731. Overall, Lynn is more competitive than a year ago, so tougher for buyers.

Within Essex County, homes here sell more slowly than in 71% of the county’s ZIP codes, and sell more often over asking than in 59%. On our competition score, Lynn ranks #100 of 362 MA ZIP codes with enough sales (score 89 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.

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 seller’s market: there were 1.7 months of supply in Lynn, MA 01904 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 22 days in the latest three months.

Do homes in Lynn sell over asking?

56% of homes sold above their original list price, and the typical sale closed at 101.8% 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 $620,731 in the three months ending August 31, 2026, about $391 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology