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Lynnfield, MA Housing

 
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As of 2010-2014, median price of a house in Lynnfield is $555,700, which is much higher than the state average of $329,900 and is much higher than the national average of $175,700. The Lynnfield median house value has grown by 69.42% since 2000. The growth rate for the price of a house in Lynnfield is lower than the state average rate of 77.65% and is higher than the national average rate of 46.91%. The median year that a house in Lynnfield was built is 1961, which is newer than the median year for a house built in the state which is 1959 and is older than the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 3,736 Owner Occupied Houses in Lynnfield, MA, #24
Lynnfield, MA
555,700 USD
Massachusetts
329,900 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #136
Lynnfield, MA
69.42%
Massachusetts
77.65%
U.S.
46.91%
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Lynnfield, MAMassachusettsU.S.
Total Housing Units4,635, see rank, 100%2,816,875132,741,033
Occupied Housing Units4,303, 92.84%, see rank90.12%87.55%
Owner Occupied3,736, 80.60%, see rank56.12%56.34%
Renter Occupied567, 12.23%, see rank33.99%31.21%
Vacant Housing Units332, 7.16%, see rank9.88%12.45%
For Rent0, 0.00%, see rank1.67%2.34%
For Sale Only0, 0.00%, see rank0.74%1.20%
Rented or Sold, Not Occupied34, 0.73%, see rank0.77%0.92%
For Seasonal, Recreational, or Occasional Use56, 1.21%, see rank4.29%3.97%
For Migrant Workers0, 0.00%, see rank0.01%0.03%
Other Vacant242, 5.22%, see rank2.40%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #95
Lynnfield, MAMassachusettsU.S.
196119591976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Lynnfield, MA%MassachusettsU.S.
Owner-Occupied Units3,736100%1,580,93874,787,460
With a Mortgage2,68271.79%, see rank71.18%65.58%
Without a Mortgage1,05428.21%, see rank28.82%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Lynnfield, MA
2,889 USD
Massachusetts
2,095 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsLynnfield, MA%MassachusettsU.S.
$299 or Less00.00%, see rank0.09%0.20%
$300 to $49900.00%, see rank0.49%1.59%
$500 to $69970.26%, see rank1.47%5.01%
$700 to $999531.98%, see rank4.74%14.32%
$1,000 to $1,4991876.97%, see rank16.44%27.90%
$1,500 to $1,99934312.79%, see rank22.84%20.35%
$2,000 to $2,99986132.10%, see rank34.83%19.52%
$3,000 or More1,23145.90%, see rank19.10%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Lynnfield, MA
24.20% of the Total Income
Massachusetts
24.60% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Lynnfield, MA%MassachusettsU.S.
10% or Less1073.99%, see rank5.29%5.86%
10% to 20%76428.49%, see rank29.25%31.95%
20% to 30%83731.21%, see rank29.39%27.64%
30% to 40%41615.51%, see rank14.83%13.74%
40% or More55820.81%, see rank20.86%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Lynnfield, MA
954 USD
Massachusetts
707 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsLynnfield, MA%MassachusettsU.S.
$199 or Less90.85%, see rank1.57%7.76%
$200 to $299232.18%, see rank2.45%14.70%
$300 to $499343.23%, see rank16.27%34.63%
$500 to $699918.63%, see rank28.91%21.16%
$700 or More89785.10%, see rank50.80%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Lynnfield, MA
14.00% of the Total Income
Massachusetts
14.90% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Lynnfield, MA%MassachusettsU.S.
10% or Less35533.68%, see rank31.52%40.19%
10% to 20%34632.83%, see rank31.52%31.47%
20% to 30%12411.76%, see rank14.65%12.24%
30% to 40%827.78%, see rank7.86%5.64%
40% or More13713.00%, see rank13.41%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Lynnfield, MAMassachusettsU.S.
Total Housing Units4,635, 100%2,816,875132,741,033
1-unit, Detached3,979, 85.85%, see rank52.24%61.65%
1-unit, Attached34, 0.73%, see rank5.19%5.82%
2 Units75, 1.62%, see rank10.16%3.75%
3 or 4 Units120, 2.59%, see rank10.94%4.43%
5 to 9 Units74, 1.60%, see rank5.95%4.78%
10 or More Units337, 7.27%, see rank14.65%13.08%
Mobile Home, Boat, RV, Van, etc.16, 0.35%, see rank0.87%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Lynnfield, MAMassachusettsU.S.
Total Housing Units4,635, 100%2,816,875132,741,033
1 Room73, 1.57%, see rank2.33%1.95%
2 Rooms112, 2.42%, see rank3.02%2.48%
3 Rooms169, 3.65%, see rank10.03%9.13%
4 Rooms172, 3.71%, see rank15.77%16.60%
5 Rooms303, 6.54%, see rank18.26%20.41%
6 Rooms841, 18.14%, see rank17.63%18.06%
7 Rooms743, 16.03%, see rank12.23%12.27%
8 Rooms888, 19.16%, see rank9.28%8.48%
9 Rooms or More1,334, 28.78%, see rank11.45%10.60%
Median Rooms7.40, see rank5.505.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Lynnfield, MAMassachusettsU.S.
Total Housing Units4,635, 100%2,816,875132,741,033
No Bedroom73, 1.57%, see rank2.56%2.17%
1 Bedroom271, 5.85%, see rank14.08%11.16%
2 Bedrooms627, 13.53%, see rank28.19%26.69%
3 Bedrooms1,701, 36.70%, see rank34.72%39.70%
4 Bedrooms1,629, 35.15%, see rank16.00%16.05%
5 or More Bedrooms334, 7.21%, see rank4.45%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Lynnfield, MAMassachusettsU.S.
Total Housing Units4,303, 100%2,538,485116,211,092
Utility Gas2,238, 52.01%, see rank49.70%48.85%
Bottled, Tank, or LP Gas20, 0.46%, see rank2.86%4.86%
Electricity228, 5.30%, see rank14.23%36.68%
Fuel Oil, Kerosene, etc.1,710, 39.74%, see rank30.36%5.86%
Coal or Coke0, 0.00%, see rank0.13%0.12%
Wood39, 0.91%, see rank1.69%2.12%
Solar Energy0, 0.00%, see rank0.03%0.05%
Other Fuel68, 1.58%, see rank0.65%0.47%
No Fuel Used0, 0.00%, see rank0.35%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalLynnfield, MAMassachusettsU.S.
Occupied Units Paying Rent567, 100%924,80939,201,928
$199 or Less0, 0.00%, see rank2.07%1.50%
$200 to $29930, 5.29%, see rank5.74%3.18%
$300 to $49967, 11.82%, see rank7.69%7.37%
$500 to $69935, 6.17%, see rank8.07%16.01%
$700 to $99961, 10.76%, see rank20.08%29.17%
$1,000 to $1,499150, 26.46%, see rank31.42%26.88%
$1,500 to $1,99999, 17.46%, see rank15.67%9.79%
$2,000 or More125, 22.05%, see rank9.27%6.10%
Median$1,246, see rank$1,088$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Lynnfield, MAMassachusettsU.S.
Occupied Housing Units4,303, 100%2,538,485116,211,092
No Vehicles Available192, 4.46%, see rank12.57%9.12%
1 Vehicles Available772, 17.94%, see rank36.07%33.80%
2 Vehicles Available2,090, 48.57%, see rank36.51%37.48%
3 or More Vehicles Available1,249, 29.03%, see rank14.84%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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