Zip 01902 (Lynn, MA) Housing

The housing market in Lynn, MA (01902) is vibrant and growing. The median value of a house in the area is $433,100, which is significantly higher than the US median value of $338,100. Furthermore, the appreciation of homes in Lynn over the course of the last year has been 9.17%, which is notably higher than the 8.27% appreciation seen across the United States as a whole. Overall, it appears that Lynn may be an attractive area for potential home buyers looking for a robust housing market with strong appreciation rates.

The median home cost in Lynn (zip 01902) is $433,100. Home appreciation the last 10 years has been 95.5%. Home Appreciation in Lynn (zip 01902) is up 13.0%.

Average Age of Homes

- The median age of Lynn (zip 01902) real estate is 78 years old

The Rental Market in Lynn (zip 01902)

- Renters make up 59.9% of the Lynn (zip 01902) population
- 1.5% of houses and apartments in Lynn (zip 01902), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Lynn, Massachusetts	United States
	19,274.0	139,647,020.0
	62	42
	$433,100	$338,100
	13.0%	16.6%
	51.0%	57.0%
	95.5%	101.1%
	$12.16	$10.98
	$4,363	$2,690
	38.1%	57.4%
	3.1%	11.2%
	58.7%	31.4%
Vacant Housing
	1.5%	1.9%
	0.1%	0.4%
	0.1%	0.7%
	0.2%	0.4%
	0.3%	3.6%
	0.9%	4.1%
Value of Owner-Occupied Housing
	1.7%	2.6%
	0.7%	2.4%
	1.9%	2.8%
	0.3%	3.9%
	0.3%	4.5%
	2.2%	11.3%
	4.8%	13.0%
	18.2%	20.1%
	33.9%	13.6%
	18.1%	8.3%
	15.5%	9.7%
	1.7%	3.9%
	0.3%	2.2%
	0.0%	0.8%
	0.4%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	2.5%	13.6%
	2.5%	13.6%
	2.7%	13.6%
	9.5%	13.2%
	10.6%	14.8%
	2.7%	13.6%
	6.4%	10.0%
	5.5%	4.7%
	50.9%	12.2%

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