Zip 01905 (Lynn, MA) Housing

The housing in 01905 Lynn, MA is very impressive. The median value for this area is $489,800, which is far higher than the US House Median Value of $338,100. Furthermore, the appreciation rate for houses in the area is also remarkable – 9.17%, which surpasses the national average of 8.27%. This exhibits a strong and stable housing market in Lynn that continues to grow year after year.

The median home cost in Lynn (zip 01905) is $489,800. Home appreciation the last 10 years has been 95.5%. Home Appreciation in Lynn (zip 01905) is up 13.0%.

Average Age of Homes

- The median age of Lynn (zip 01905) real estate is 78 years old

The Rental Market in Lynn (zip 01905)

- Renters make up 51.6% of the Lynn (zip 01905) population
- 0.9% of houses and apartments in Lynn (zip 01905), 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
	9,721.0	139,647,020.0
	79	42
	$489,800	$338,100
	13.0%	16.6%
	51.0%	57.0%
	95.5%	101.1%
	$12.11	$10.98
	$4,398	$2,690
	44.7%	57.4%
	3.9%	11.2%
	51.4%	31.4%
Vacant Housing
	0.9%	1.9%
	0.2%	0.4%
	0.3%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	2.6%	4.1%
Value of Owner-Occupied Housing
	1.0%	2.6%
	0.6%	2.4%
	0.6%	2.8%
	0.0%	3.9%
	0.0%	4.5%
	3.1%	11.3%
	1.5%	13.0%
	20.6%	20.1%
	35.8%	13.6%
	21.0%	8.3%
	13.2%	9.7%
	1.0%	3.9%
	1.5%	2.2%
	0.0%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	1.3%	13.6%
	1.3%	13.6%
	2.1%	13.6%
	9.6%	13.2%
	8.2%	14.8%
	2.1%	13.6%
	11.7%	10.0%
	7.9%	4.7%
	48.6%	12.2%

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