The housing market in 01901 Lynn, MA is quite strong. The median value of a house in the area is $354,800, which is higher than the US median house value of $338,100. Furthermore, the 1 year appreciation rate for homes in 01901 Lynn, MA stands at 9.17%, which is greater than the US average of 8.27%. This shows that this particular area has seen consistent growth and stability in housing values over the last year.
The median home cost in Lynn (zip 01901) is $354,800. Home appreciation the last 10 years has been 95.5%. Home Appreciation in Lynn (zip 01901) is up 13.0%.
Average Age of Homes
- The median age of Lynn (zip 01901) real estate is 78 years old
The Rental Market in Lynn (zip 01901)
- Renters make up 85.9% of the Lynn (zip 01901) population
- 7.9% of houses and apartments in Lynn (zip 01901), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.