Question 1

How competitive is the housing market in Lynnfield (01940)?

Accepted Answer

The Lynnfield (01940) (01940) in Lynnfield, MA housing market has a competitiveness index of 47 out of 100, making it a moderately competitive market for buyers. This score is based on days on market, overbidding trends, and inventory levels.

Question 2

How much should I bid on a home in Lynnfield (01940)?

Accepted Answer

Homes in Lynnfield (01940) (01940) in Lynnfield, MA sell for an average of 1.2% below asking price. Offers near asking price are typical in this area.

Question 3

How fast do homes sell in Lynnfield (01940)?

Accepted Answer

The median days on market in Lynnfield (01940) (01940) in Lynnfield, MA is 23 days. Homes sell relatively quickly, so buyers should be prepared to make timely offers.

Question 4

What is the median home price in Lynnfield (01940)?

Accepted Answer

The median sale price in Lynnfield (01940) (01940) in Lynnfield, MA is $880,000. The median price per square foot is $385. This is based on 27 recent home sales.