The story of this market
The typical home in ZIP 01905 sells for about $575,000, or $388 per square foot.
Prices are up +2.1% from a year ago, so sellers still have some momentum. Homes take about 34 days to sell. HUD's fair market rent for a two-bedroom is $1,869 a month.
ZIP 01905 — Lynn
The housing market in 01905 shows steady growth with a median price of $575,000, reflecting a 2.1% year-over-year increase. Demand remains competitive due to the area's relative affordability compared to Boston, though inventory remains tight at 2.2 months of supply. Some figures, such as specific permit activity, were not available at the ZIP level.
This ZIP is well-suited for commuters seeking more affordable housing options than those found in inner-ring Boston suburbs, as well as families looking for access to large-scale recreational amenities.
Median prices moved up 2.1% year over year.
Homes spend a median of 34 days on market with 2.2 months of supply — a fast-moving market.
13% of listings have cut prices · homes sell at 99.2% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.9% · poverty 12.3% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 8.1%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.5%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 01905, Essex County MA
Crime rates in the Lynn area are generally higher than the national average, with property crime being the most frequently reported incident type.
Public schools in the area are part of the Lynn Public Schools district, which faces challenges with resource allocation and student performance metrics compared to state averages.
The area faces moderate risk from coastal flooding and storm surges due to its proximity to the Atlantic Ocean, necessitating standard flood insurance coverage for many properties.
Economic momentum is driven by proximity to the Boston employment core and ongoing urban revitalization efforts in the downtown and waterfront districts.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Massachusetts) — Massachusetts Local Property Tax: Ad valorem tax calculated as (Municipal Budget / Total Assessed Value of all taxable property) = Tax Rate per $1,000 of assessed value. Assessments must be at 100% of full and fair cash (market) value.
Residents benefit from access to the MBTA Commuter Rail and bus lines, providing a direct transit link to Boston's employment hubs, typically within a 30-45 minute commute.
The area features access to Lynn Woods Reservation, one of the largest municipal parks in the country, along with coastal beaches and local community parks.
The rental market is characterized by high demand and low vacancy rates, driven by the area's affordability relative to the broader Boston metropolitan region.
The local economy is anchored by healthcare, education, and manufacturing sectors, with significant employment spillover from the greater Boston labor market.
The area is served by the MBTA Commuter Rail (Newburyport/Rockport Line) and extensive bus networks connecting to the Blue Line subway.
Ongoing development focuses on transit-oriented residential projects near the commuter rail station to increase housing density.
Parcels are subject to municipal property taxes and standard utility district fees for water and sewer services.
Property insurance premiums are influenced by coastal hazard exposure, with flood insurance often required for properties in low-lying areas.
Data retrieved from data.census.gov ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Boston Tea Party Ships & Museum4.68.7 mi
- F1 Arcade Boston4.58.6 mi
- Museum of Illusions Boston4.58.3 mi
- Boda Borg Boston4.75.2 mi
- K1 Speed Boston-Wilmington4.210.1 mi
- Fenway Park4.810.2 mi
- TD Garden4.68.1 mi
- Thomas M. Menino Convention & Exhibition Center4.59.1 mi
- MGM Music Hall at Fenway4.410.1 mi
- Hynes Convention Center4.59.7 mi
- Fenway Park4.810.2 mi
- Boston Common4.78.8 mi
- Museum of Fine Arts, Boston4.810.5 mi
- New England Aquarium4.48.2 mi
- Harvard Square4.69.5 mi
- Museum of Fine Arts, Boston4.810.5 mi
- Boston Public Library4.89.5 mi
- Isabella Stewart Gardner Museum4.710.7 mi
- Museum of Science4.78.2 mi
- Boston Tea Party Ships & Museum4.68.7 mi
- Boston Common4.78.8 mi
- Franklin Park Zoo4.412.5 mi
- Public Garden4.89 mi
- Charles River Esplanade4.89.1 mi
- Castle Island4.79.1 mi
- Constitution Marina4.67.7 mi
- Charlestown Marina4.87.2 mi
- Pickering Wharf Marina4.66.1 mi
- Boston Yacht Club4.77.2 mi
- Cottage Park Yacht Club4.76.9 mi
- Newton Commonwealth Golf Course412.8 mi
- William J. Devine Golf Course at Franklin Park4.212.7 mi
- Five Iron Golf4.98.4 mi
- Fresh Pond Golf Course4.210.5 mi
- Unicorn Golf Course3.86.7 mi
- Encore Boston Harbor4.36.6 mi
- Burlington Mall4.411.7 mi
- Prudential Center Boston4.59.7 mi
- Quincy Market4.58.3 mi
- Faneuil Hall Marketplace4.58.3 mi
- Boston Logan International Airport4.17.2 mi
- Park Shuttle & Fly4.55.6 mi
- The Lounge3.47.1 mi
- DaCoopas Pizza4.16.4 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A massive 2,200-acre municipal park offering extensive hiking, biking, and nature trails.
A scenic coastal park and promenade along the Atlantic Ocean.
A public 18-hole golf course located within the city limits.
Key-figure check: median price corroborated by the published ten-year series (2024) (within 12.5%).