Louise Touchette Team
Lynnfield Homes for Sale
Lynnfield Real Estate Experts
Lynnfield is a great place to live if you are looking for a suburban town with a mix of old and new homes. The town has a population of about 26,000 people and is home to a variety of schools, parks, and businesses. The real estate market in Lynnfield is very competitive, with a median home price of $750,000. However, there are a variety of homes available for all budgets, including new developments and renovated older homes. Some of the most popular neighborhoods in Lynnfield for home buyers include Lynnfield Center, North Lynnfield, and South Lynnfield. These neighborhoods offer a variety of amenities, including shops, restaurants, parks, and schools.
The real estate market in Lynnfield has been steadily appreciating due to its excellent schools, peaceful neighborhoods, and proximity to major highways like I-95 and Route 1. The market is primarily composed of single-family homes, with a mix of older, charming houses and newer construction.
The Lynnfield real estate market is moderately competitive, with homes often receiving multiple offers, especially in the $700K–$1M range. Properties in popular neighborhoods or those offering larger lots and updated interiors tend to sell quickly, often at or above the asking price.
Lynnfield has seen an increase in demand from both local and out-of-state buyers, particularly those moving from more urban areas in search of suburban tranquility. Many professionals and families are drawn to the town due to its strong school system, green spaces, and proximity to Boston, making it a desirable location for commuters.
Lynnfield, MA offers a variety of home types to cater to different lifestyles and preferences. The majority of homes in Lynnfield are single-family residences, including classic New England-style Colonials, Cape Cods, and ranch-style homes. You’ll also find luxurious estates with expansive lots in more upscale areas, as well as townhomes and condos in select communities. There are newer construction homes as well as charming historic properties, allowing buyers to choose between modern amenities or more traditional architecture.
As of 2024, the average home price in Lynnfield, MA, is around $900,000. However, prices can vary depending on the size, location, and age of the home. Single-family homes in desirable neighborhoods can range between $700,000 and $1.5 million, with more luxurious properties exceeding $2 million. Condos and townhomes, where available, typically offer a more affordable option, ranging from $400,000 to $600,000.
Lynnfield offers several attractive neighborhoods, each with its own appeal. King James Grant is one of the most prestigious neighborhoods, known for its large, luxury homes and quiet, suburban feel. Pillings Pond is ideal for buyers looking for waterfront properties, offering scenic views and access to recreational activities. Sherwood Forest is a desirable family-friendly neighborhood with easy access to schools, parks, and amenities. For buyers seeking proximity to major highways and retail options, homes near MarketStreet Lynnfield provide both convenience and modern living.
When purchasing a home in Lynnfield, MA, consider factors like the proximity to schools, transportation options, and access to local amenities such as parks, shopping, and dining. Lynnfield is known for its excellent public schools, so families may want to prioritize homes within certain school districts. Additionally, commuting to Boston is a key consideration for many buyers, so assessing travel times and highway access is important. Don’t forget to factor in property taxes and any potential renovation needs for older homes.
Homes for sale in Lynnfield, MA, often feature spacious interiors with 3-5 bedrooms, open floor plans, and updated kitchens and bathrooms. Many homes come with large yards, patios, and outdoor living spaces, perfect for family gatherings or entertaining. Homes in higher-end neighborhoods may offer luxury amenities like gourmet kitchens, walk-in closets, home offices, and finished basements. Waterfront properties near Pillings Pond often include private docks and picturesque views, while modern developments may have community amenities like pools or tennis courts.
Most single-family homes in Lynnfield, MA, do not have homeowner association (HOA) fees, as the town mainly consists of standalone properties. However, if you’re purchasing a townhome or a condo in certain developments, there may be HOA fees to cover shared amenities, maintenance, and landscaping. These fees can vary depending on the community, so it’s important to review HOA guidelines and costs when considering properties within developments that require them.
Peabody’s real estate market is poised for an exceptional 2023.
Some things are common knowledge among fellow real estate agents, but these truths may come as a surprise to anyone outside of the industry. Here are a few things most real estate brokers won’t readily admit.
Discover your dream home in Lynnfield with The Louise Touchette Team. Whether you're drawn to the charm of historic Lynnfield Center or the conveniences of North and South Lynnfield, our expert team is ready to guide you through the town's competitive real estate market. From modern developments to timeless renovated residences, Lynnfield offers a dynamic housing landscape suitable for all budgets. Let's navigate Lynnfield's vibrant neighborhoods together and find your perfect property.