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Lynnfield, MA

Full City Profile · Massachusetts · Suffolk County County

3.7 /5.0
B+ Good
12,964 Population 1,315/sq mi density
$172,484 Median Income $76,408 per capita
$904,200 Home Value $1,059,995 Zillow
$2,333 Median Rent 38.1% income on rent
48°F Avg Temperature 246 sunny days/yr
15 Violent Crime/100K 586 property/100K
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.9 / 5.0
$172,484 median income, 2.4% unemployment
B+
Affordability
3.7 / 5.0
$904,200 home value, $2,333/mo rent
F
Safety
1.0 / 5.0
15 violent crimes/100K
A+
Education
5.0 / 5.0
61.1% bachelor's degree or higher

Housing Overview

Median Home Value
$904,200
221% above
US avg: $281,900
Median Rent
$2,333/mo
101% above
US avg: $1,163/mo
Homeownership Rate
86.5%
32% above US avg (65.4%)
Total Housing Units
4,846
Median year built: 1966

Home Value by Source

Census Median
$904,200
Zillow (ZHVI)
$1,059,995
Median Sale Price
$1,132,000
Median List Price
$1,275,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

86.5%
Owner-Occupied
13.5%
Renter-Occupied
87%
14%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,727/mo
1 Bedroom
$1,822/mo
2 Bedroom
$2,300/mo
3 Bedroom
$2,858/mo
4 Bedroom
$3,232/mo
Census median rent: $2,333/mo

Market Indicators (Redfin)

Median Days on Market
94 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
4
Price Drops
60.0%
of listings with price reduction
Price Per Sq Ft
$364
Active Inventory
5
homes for sale

Affordability & Housing Stock

Rent Burden
38.1%
of renters spending 30%+ of income on housing
23% above US avg (31.0%)
Median Year Built
1966
Average age of housing stock: 60 years
Homeownership Rate
86.5%

Complete Housing Data

Home Values

Census Median Value$904,200
Zillow Home Value (ZHVI)$1,059,995
Median Sale Price$1,132,000
Median List Price$1,275,000
Price Per Sq Ft$364

Rent

Census Median Rent$2,333
FMR Studio$1,727
FMR 1-Bedroom$1,822
FMR 2-Bedroom$2,300
FMR 3-Bedroom$2,858
FMR 4-Bedroom$3,232

Market

Days on Market94
Sale-to-List Ratio1.0%
Price Drops60.0%
Homes Sold4
Active Inventory5
Price Per Sq Ft$364

Ownership & Stock

Owner-Occupied86.5%
Renter-Occupied13.5%
Homeownership Rate86.5%
Total Housing Units4,846
Median Year Built1966
Rent Burden38.1%