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LYNNFIELD, MA 01940

Real Estate Market Report  ·  Essex County
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
14
⇧ 40% vs 10 last year
Pending
2
14% pending ratio
Median Price
$1,599,000
⇩ 14.1% vs $1,862,444 last year
Average Price
$2,299,207
⇧ 23.9% vs $1,855,198 last year
Days on Market
85
⇧ 93.2% vs 44 days last year

Market Context

Population: 13,072  ·  Density: 500.8/mi²  ·  Median household income: $157,955

Typical home value: $854,281  ·  Homeownership: 85.7%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The LYNNFIELD, MA real estate market (01940) currently shows 14 active listings, with 2 pending sales. Homes are averaging 85 days on the market before going under contract.

Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 85 days on market compared to 44 days last year.

The median listing price has fallen 14.1% year-over-year, from $1,862,444 to $1,599,000.

Whether you are buying or selling in LYNNFIELD, MA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 14 this year vs 10 last year
  • Days on market: 85 now vs 44 last year

Median & Average Pricing

Year over Year
  • Median: $1,599,000 (-14.1% YoY)
  • Average: $2,299,207 (+23.9% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 8.9 miles — 334 listings ($275,960,960 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
01940Lynnfield, MA 019400.0 mi14$32,188,898$1,599,000$2,299,207
01960Peabody, MA 019603.3 mi22$13,128,478$571,000$596,749
01864North Reading, MA 018644.1 mi22$16,602,080$644,950$754,640
01906Saugus, MA 019064.7 mi20$16,183,900$729,000$809,195
01923Danvers, MA 019235.2 mi16$14,361,024$599,000$897,564
02176Melrose, MA 021765.6 mi24$26,994,840$849,900$1,124,785
01902Lynn, MA 019026.6 mi23$9,588,792$430,000$416,904
01801Woburn, MA 018016.8 mi29$26,364,103$749,000$909,107
01970Salem, MA 019707.0 mi39$28,668,432$629,900$735,088
01907Swampscott, MA 019077.8 mi20$18,085,060$639,950$904,253
02151Revere, MA 021518.2 mi42$22,381,674$529,450$532,897
02155Medford, MA 021558.6 mi54$46,332,594$849,900$858,011
02149Everett, MA 021498.9 mi9$5,081,085$475,000$564,565

Frequently Asked Questions

How many homes are for sale in LYNNFIELD, MA 01940?

As of January 2026, there are 14 active listings in LYNNFIELD, MA (zip code 01940), compared to 10 the prior year.

What is the median home price in LYNNFIELD, MA 01940?

The median listing price in LYNNFIELD, MA 01940 is $1,599,000 as of January 2026, a 14.1% decrease from $1,862,444 the prior year.

How long do homes stay on the market in LYNNFIELD, MA?

Homes in LYNNFIELD, MA 01940 spend an average of 85 days on the market before going under contract, compared to 44 days the prior year.

Is it a seller's or buyer's market in LYNNFIELD, MA 01940?

Based on current inventory and days-on-market data as of January 2026, LYNNFIELD, MA 01940 is currently a Buyer's Market. Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 85 days on market compared to 44 days last year.

How much can I save on real estate commission in LYNNFIELD, MA?

With SELL123.com's maximum 3% commission, sellers in LYNNFIELD, MA 01940 save an estimated $31,980 compared to a typical 5% commission on the median listing price of $1,599,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.