Register to Search All MLS Real Estate Listings in Massachusetts
Home Buyer Information
Adjustable Rate Mortgages
Buyer Agency
Home Buyer's Real Estate Guide
Real Estate Home Inspection
Home Mortgage Insurance
How to Buy Your First Home
HUD Homes
Low Down Payments
Home Seller Information
Fixing Up Your Home
For Sale By Owner
Home Seller's Real Estate Guide
Maximizing the Sale of Your Real Estate
What to Ask Your Real Estate Agent
Real Estate Information By State
Arizona Real Estate
Colorado Real Estate
Connecticut Real Estate
Maine Real Estate
Massachusetts Real Estate
New Hampshire Real Estate
New York Real Estate
Rhode Island Real Estate
Vermont Real Estate
Follow Us On...
Our Lynn, MA real estate website provides a wealth of information for home buyers and home sellers. Below, you will find information on the history and culture of Lynn as well as links to more detailed information such as demographics and schools. You may view a virtual tour, search homes for sale, and access information on different types of properties such as condos, farms, foreclosures, and vacation homes. This website will give you everything you need to buy or sell a home in Lynn, MA.
Virtual Homes is a full-service residential real estate company dedicated to providing a wealth of real estate and local community information to home buyers and home sellers. Our agents are ready to assist you with all of your real estate needs.
Lynn MA Community Profile & History
Lynn, Massachusetts is a port city in the historic North Shore region. Just 20 minutes' drive from downtown Boston, the city offers a bounty of historic sites, a newly revitalized downtown, a scenic waterfront, and excellent opportunities for recreation and leisure.
The city was founded in 1629 by colonists from the New England Company. Farming was the cornerstone of the city's economy in its formative years, but the establishment of an ironworks in 1643 ushered in an age of industry.
By the time of the Revolutionary War, several tanneries had sprung up along the city's waterways, and after the MBTA was extended from Boston to Salem in 1837 the city established a factory district to promote growth in the shoe industry. The boots worn by Continental Army soldiers during the Revolutionary War were made here. The Civil War promoted further economic growth as factories sprouted throughout the city, and even the devastating fires of 1869 and 1889, which destroyed many of the factories, couldn't stop its rapid expansion.
At the same time, builders erected extravagant estates along the city's shores, establishing as a major resort area outside of Boston. The construction of the Lynn Shore Drive high rise in 1910 provided vacationers with a bird's-eye view of the area's beautiful coastline. Today the city thrives as an urban center for manufacturing and commerce, and the increasingly diverse population takes pride in its city's history. Popular attractions in the city include the beach, which extends into neighboring Nahant; the 2,100-acre Lynn Woods, New England's largest municipal park and home to abundant wildlife along with such sites as the 48-foot Stone Tower, the Dungeon Rock cave and the Rose Garden; the Memorial Auditorium, which hosts a variety of musical and theatrical performances; the Mary Baker Eddy House, home to the founder of the Church of Christ, Scientist from 1875 to 1881; and Lynn Heritage State Park, which features a boardwalk along the shoreline and a mosaic mural depicting the city's colorful history.
Lynn Massachusetts Community Information
Lynn Community Demographics and Local Resources
Request a Market Analysis on a Home in Lynn
Lynn Schools
Lynn Area Newspaper
Lynn MA Real Estate Information
Condominium Information
Farm Properties
Foreclosures and Short Sales
Land for Sale in Lynn
All Homes for Sale in Lynn MA
Retirement Homes and Adult Living Communities
Vacation Homes
Real Estate Industry News
Different financing alternatives are available depending on whether you are purchasing a single family, condo, multi-family, or investment property. Understanding the pros and cons of each may help you decide which option is the best for you. Speak to our buyer agent professionals and mortgage partners to understand and evaluate your options.
Lynn, MA Real Estate Market Statistics
The following information was extracted from the state-wide MLS system and its accuracy is not guranteed.
Lynn Single Family Home Sales Trends:
| Year Days on Market #Sold Average Price Lowest Price Median Price Highest Price |
2006 104 422 $290885 $111000 $285000 $701000 |
2007 123 366 $259064 $95000 $252825 $725000 |
2008 142 413 $204559 $15000 $200000 $569900 |
2009 102 453 $190259 $26900 $195000 $477500 |
2010 97 399 $199738 $42500 $196000 $795000 |
Average Selling Price of Single Family Homes in Lynn
| 2006 |  $290885 | |
| 2007 | $259064 | |
| 2008 | $204559 | |
| 2009 | $190259 | |
| 2010 | $199738 |
Lynn Condominum Sales Trends:
| Year Days on Market #Sold Average Price Lowest Price Median Price Highest Price |
2006 130 216 $209647 $92500 $199150 $699900 |
2007 167 147 $188174 $26000 $180000 $465000 |
2008 149 89 $168086 $27000 $158000 $554000 |
2009 153 121 $117432 $25000 $105000 $335000 |
2010 139 123 $121553 $33900 $112500 $298000 |
Average Selling Price of Condominiums in Lynn
| 2006 | $209647 | |
| 2007 | $188174 | |
| 2008 | $168086 | |
| 2009 | $117432 | |
| 2010 | $121553 |