Market Overview
Home Prices in Lynnfield, MA
The median home value in Lynnfield, MA is $1,130,158 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1.7% compared to a year ago and up 1.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Lynnfield are priced176% above average. Lynnfield is part of the Boston-Cambridge-Newton, MA-NH metro area.
Over the past five years, Lynnfield home values have risen by approximately27.9%, reflecting strong long-term appreciation in this market.
Price History
Lynnfield Home Price Trend
City Comparison
Lynnfield vs. National Median
At $1,130,158, homes in Lynnfield cost 176% above the national median of $410,000. Buyers in Lynnfield should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Lynnfield?
20% Down Payment
$226,032
on $1,130,158
Monthly P&I
$5,894/mo
30-yr @ 6.8%
Total Monthly Est.
~$7,485/mo
incl. taxes & insurance
Income Needed
$299,400
gross annual (30% rule)
10% Down Option
$113,016
+ PMI applies
Loan Amount (20% dn)
$904,126
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Lynnfield, MA?
The median home value in Lynnfield is $1,130,158 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1.7% year-over-year.
How much have home prices changed in Lynnfield?
Over the past year, home values in Lynnfield have increased by 1.7%. Over five years, prices have risen approximately 27.9%.
How much do I need to earn to buy a home in Lynnfield?
To comfortably afford the median home price of $1,130,158 with a 20% down payment ($226,032) at today's rates (6.8%), you'd need a gross annual income of approximately $299,400. This assumes keeping total housing costs at or below 30% of gross income.
How does Lynnfield compare to the national average home price?
The national median home value is approximately $410,000. At $1,130,158, homes in Lynnfield are 176% above the national average.
What metro area is Lynnfield part of?
Lynnfield is part of the Boston-Cambridge-Newton, MA-NH metropolitan area. Home prices and market conditions can vary across the broader metro region.