The story of this market
The typical home in ZIP 01904 sells for about $649,900, or $355 per square foot.
Prices are up +1.2% from a year ago, so sellers still have some momentum. Homes take about 12 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $1,822 a month.
ZIP 01904 — Lynn
The 01904 housing market remains competitive with low inventory and steady price appreciation, driven by its relative affordability compared to Boston. While demand remains strong, high interest rates and limited supply continue to constrain transaction volume. Buyers are increasingly looking toward this area for value, keeping the market active despite broader economic headwinds.
This ZIP is ideal for middle-income families and commuters seeking a more affordable alternative to Boston while maintaining access to the North Shore's natural amenities and transit links.
Median prices moved up 1.2% year over year.
Homes spend a median of 12 days on market with 2.1 months of supply — a fast-moving market.
15% of listings have cut prices · homes sell at 101.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.6% · poverty 7.0% — 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 7.5%/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 6.1%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net outflow — more people moved out than in
ZCTA 01904, Essex County, MA
Crime rates in Lynn are generally higher than the national average, though specific neighborhood trends within 01904 vary; residents often look toward neighboring suburban communities for lower crime profiles.
Schools serving the 01904 area are part of the Lynn Public Schools district, which faces challenges with resource allocation and performance metrics compared to neighboring affluent North Shore districts.
The area faces standard New England climate risks, including winter storm exposure and potential coastal flooding in lower-lying sections of the city.
Economic momentum is driven by proximity to Boston and the ongoing revitalization of the Lynn waterfront, though major corporate headquarters are primarily located in surrounding tech-corridor towns.
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.
Commuters in 01904 primarily rely on the MBTA Commuter Rail (Lynn Station) or driving via Route 1A and Route 1 to reach Boston's employment core.
The area features access to Lynn Woods Reservation, one of the largest municipal parks in the country, providing extensive hiking and biking trails, alongside proximity to Nahant Beach.
The rental market is tight with high demand from commuters priced out of Boston, leading to steady rent growth and low vacancy rates for well-maintained units.
The local economy is anchored by healthcare, education, and manufacturing, with a significant portion of the workforce commuting to Boston and the Route 128 tech belt.
The area is served by the MBTA Commuter Rail and local bus networks, providing critical links to Boston's North Station.
Development is focused on transit-oriented housing projects near the downtown core and waterfront redevelopment.
The City of Lynn Assessor's office conducts periodic revaluations to ensure assessments reflect current market conditions.
Parcels are subject to municipal taxes and Lynn Public Schools district levies; no major MUDs or PIDs are present.
Property insurance premiums are rising due to coastal hazard exposure and regional climate risks.
Massachusetts continues to see net domestic out-migration, though urban centers like Lynn attract younger workers seeking relative affordability.
Massachusetts is a judicial foreclosure state, requiring court intervention to complete the process.
Sellers are required to provide a standard disclosure form regarding the condition of the property, including known defects.
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 & Museum4.610.6 mi
- F1 Arcade Boston4.510.6 mi
- Museum of Illusions Boston4.510.2 mi
- Boda Borg Boston4.76.8 mi
- K1 Speed Boston-Wilmington4.29.6 mi
- Fenway Park4.812 mi
- TD Garden4.610 mi
- Thomas M. Menino Convention & Exhibition Center4.511 mi
- MGM Music Hall at Fenway4.411.9 mi
- Hynes Convention Center4.511.6 mi
- Fenway Park4.812 mi
- Boston Common4.710.7 mi
- New England Aquarium4.410.1 mi
- Museum of Fine Arts, Boston4.812.4 mi
- Harvard Square4.611.2 mi
- Museum of Fine Arts, Boston4.812.4 mi
- Boston Public Library4.811.4 mi
- Isabella Stewart Gardner Museum4.712.6 mi
- Museum of Science4.710.1 mi
- Boston Tea Party Ships & Museum4.610.6 mi
- Boston Common4.710.7 mi
- Public Garden4.810.9 mi
- Charles River Esplanade4.811 mi
- Castle Island4.711 mi
- Fan Pier Park4.810.3 mi
- Pickering Wharf Marina4.64.7 mi
- Boston Yacht Club4.76.3 mi
- Jubilee Yacht Club Inc4.65.7 mi
- Orient Heights Yacht Club4.67.8 mi
- Five Iron Golf4.910.3 mi
- Fresh Pond Golf Course4.212.1 mi
- Unicorn Golf Course3.87.2 mi
- Sagamore Spring Golf Club45.7 mi
- Mount Hood Golf Course4.14.4 mi
- Encore Boston Harbor4.38.4 mi
- Burlington Mall4.412.3 mi
- Prudential Center Boston4.511.6 mi
- Quincy Market4.510.2 mi
- Faneuil Hall Marketplace4.510.2 mi
- Boston Logan International Airport4.19.1 mi
- Park Shuttle & Fly4.57.5 mi
- The Lounge3.49 mi
- DaCoopas Pizza4.18.4 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Over 2,200 acres of forest, trails, and ponds.
Waterfront park celebrating the city's industrial history.
Public 18-hole course with views of the Atlantic.
Deterministic aggregate of 1 researched property in this ZIP (latest reading each) — each property weighs one; per point, properties lacking the value are excluded. Property-level records (taxes, scores, permits) never roll individually.
Key-figure check: median price corroborated by the prior refresh cycle (within 12.5%).