The one-family actual property market in Lynn, Massachusetts, skilled shifts in gross sales quantity and costs, with each dropping within the double digits in February.
Based on information compiled by the Massachusetts Affiliation of Realtors, single-family house costs additionally declined through the first two months of 2026, whereas median rental costs had been basically flat.
Lynn Single Household Houses (February 2026)
Median Gross sales Value: $510,000, down nearly 22 % from $649,950 in February 2025
Closed Gross sales: Residence patrons bought 15 homes, down by three gross sales, or 17 %, from 18 the earlier February.
Stock of Houses for Sale: The variety of single-family properties in the marketplace fell 32 % to 22, down from 32.
Months Provide of Stock: There was about three weeks of provide in February, a decline from about 4 or 5 weeks in February 2025.
% of Unique Listing Value Obtained: Residence patrons paid, on common, 98 % of the unique itemizing value, down from nearly 104 % in February 2025, indicating that patrons held extra negotiation leverage on the finish of 2025 and starting of 2026.
Lynn Single Household Houses (January by way of February)
Median Gross sales Value: The median home value declined about 10 % to $542,500, down from $600,000 in comparison with the identical two-month interval in 2025.
Closed Gross sales: Residence patrons purchased 36 homes by way of February, a ten % lower from 40 throughout the identical timeframe in 2025.
% of Unique Listing Value Obtained: Residence patrons paid, on common, 98 % of the unique itemizing value for single-family properties, down from 102 % through the January-February interval final 12 months.
Lynn Condominium (February 2026)
Median Gross sales Value: The median rental value reached $315,000, up by $2,500, a few 1 % improve from February 2025.
Closed Gross sales: 13 models offered, up from 9, and a 44.4 % improve in comparison with February 2025.
Stock of Houses for Sale: 27 models on the market, down 10 % from 30 out there condos in February 2025.
Months Provide of Stock: There have been 2 months of provide in February 2025 and February 2026.
% of Unique Listing Value Obtained: Condominium patrons paid, on common, 91 % of the unique itemizing value, down from almost 99 % in February 2025.
Lynn Condos (January by way of February)
Median Gross sales Value: By way of February, the median rental value rose to $348,438, up 3 % from $337,500 throughout the identical two-month interval in 2025
Closed Gross sales: Residence patrons purchased 22 condos in February, one fewer unit and a 4 % lower from 23 models a 12 months earlier.
% of Unique Listing Value Obtained: Condominium patrons paid, on common, 93 % of the unique itemizing value in February, down from 99 % 12 months over 12 months.
Backside Line: Native market tendencies indicated a cooling interval in Lynn, MA, on the finish of 2025 and starting of 2026, when house patrons principally went beneath settlement on January and February closings. From round Thanksgiving by way of the start of the 12 months, the Higher Boston actual property market is historically in a sluggish interval. Scarce stock definitely performed a task within the decline in gross sales and can seemingly restrict value declines within the spring.
Professional Tip: Based on the MLS Property Data Community, the native a number of itemizing service, single-family house patrons paid, on common, 101 % of the unique itemizing value in March, a sign that competitors for properties elevated in February. Certified Higher Boston house debtors benefited from rates of interest under 6 %, however rates of interest have climbed each week because the begin of the struggle with Iran.
