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Preforeclosure Homes in Lynnfield, MA

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Lynnfield, MA Foreclosures

How much do homes sell for in Lynnfield, MA?
The average home price is currently $1,174,587.
In Lynnfield, MA, how many homes are available?
There are currently 6 active home listings available in Lynnfield.
What’s the average rental cost in Lynnfield, MA?
The average rental price in Lynnfield is $2,652.
What is the most expensive home in Lynnfield?
The most expensive home sold in Lynnfield had a price of $92,761,604.
What is currently the cheapest priced home in Lynnfield, MA?
The cheapest home for sale in Lynnfield is priced at $23,624.

Living in Lynnfield, MA

Lynnfield, Massachusetts, offers a serene suburban environment, ideal for families and commuters. With its excellent school system, local amenities, and proximity to Boston, it combines rural charm with urban convenience. The town's parks and recreational opportunities make it a perfect place for outdoor enthusiasts.

Current Market Conditions in Lynnfield, MA

As of late 2023, Lynnfield's real estate market has remained competitive, with homes selling relatively quickly due to high demand and limited inventory. The area continues to attract buyers looking for a suburban lifestyle with easy access to metropolitan Boston.

Average home prices have seen a steady increase, reflecting the town's popularity and desirability. Families, in particular, are drawn to the inclusive community atmosphere and the quality of local schools.

The weekly open house events and increased foot traffic at showings indicate an active market, though some buyers may encounter challenges due to bidding wars and rising prices.

Home Value Estimator For Lynnfield, MA

There are currently 4,426 real estate properties in Lynnfield, MA, with a median automated valuation model (AVM) price of $1,038,981.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Lynnfield, MA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Lynnfield, MA, is $1,174,587.00, with the most expensive house in Lynnfield, MA, topping out at $92,761,604.00 and the cheapest home in Lynnfield, MA, clocking in at $23,624.00. In other words, there’s something for every potential homebuyer or savvy investor in Lynnfield, MA!

Rent Prices In Lynnfield, MA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lynnfield, MA, is on a rollercoaster ride. The average rent price in Lynnfield, MA, is $2,652.00. Indeed, when looking to rent in Lynnfield, MA, you can expect to pay as little as $1,700.00 or as much as $3,740.00, with the average rent median estimated to be $2,660.00. The good news is that finding an affordable and desirable property to rent in Lynnfield, MA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Lynnfield, MA Preforeclosure Homes


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