Lynnfield Homes for Sale in Massachusetts

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Homes for Sale in Lynnfield

Lynnfield Real Estate Listings in Massachusetts

Lynnfield: Incorporated in 1814, Lynnfield, to quote one history book, "finds itself in an excellent situation." The same can still be said today of this town that captures the essence of small town nostalgia while outpacing the state indexes in property value, median income and student proficiency.

With a population of just under 12,000, Lynnfield's median age is 39.4 years. Median household income is $52,000. Unemployment is 50% less than the national average. More than 90% of the adults have completed high school, and more than 40% have college degrees. Lynnfield also has less sprawl, larger lots sizes, less congestion, and smaller class sizes than state indexes.

Symbolic of Lynnfield's unified spirit is the centrally located Town Common. A Town Meeting House, Public Library, Town Hall and Postal Office surround a scenic "Rockwellian" gathering spot perfect for seasonal events, community socials, and local festivals. During the summer it is the location of the town’s weekly “Concerts on the Common” and during the winter holidays it hosts the town’s annual “Tree Lighting Ceremony.”

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Lynnfield Real Estate Market - Price Range of Lynnfield Houses for Sale

Lynnfield's real estate market offers a home for buyers of all types. Single-family detached homes start in the mid-$300,000s and climb well over $1 million for large luxury homes and estate properties. A limited number of condominiums and townhouses are available. Land and lots for custom building are strictly limited.


Lynnfield Real Estate Stats and Trends for the week of December 8th, 2019: homes priced around $504,400 compared to $504,400 the previous week, to remain steady with no change in listing price.  For Sunday, December 8th, the current national mortgage rate for a 30 year fixed mortgage is 4.51%; the 15 year fixed rate is at 3.90%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.41%, while the 15 year jumbo rate currently is at 4.12%.