Lynn Real Estate & Homes for Sale in Massachusetts
Located on the northern shore of the Massachusetts Bay in the Greater Boston Area of eastern Massachusetts, Lynn is an historic community of some 91,000 residents and a total land area of 11.3 square miles. The community is a mere nine miles north of Boston and less than an hour from Worcester. Major highways such as State Route 128, Interstate Route 95 and U.S. Route 1 make travel and commuting a breeze. Boston’s Logan International Airport is a convenient gateway to any out-of-state or international travel. Historical sites abound in the city with a history that parallels the history of New England. Although residents have a great sense of pride in their abundant historical background, they encourage an energetic downtown area that compliments its natural resources and upholds their hardworking entrepreneurial spirit. Lynn is home to the second largest municipal park in the United States - Lynn Woods - with 2,200 acres available for hiking, biking, and cross-country skiing. Exemplifying the gorgeous scenery is the neighboring Gannon Golf Course - an 18-hole public golf course. Boating enthusiasts will enjoy Lynnway Marina, which offers both motor and non-motor boating. The Marina’s Heritage State Park is the location of many city festivals and events. Lynn Shore Drive offers a two-mile stretch of open beach to admire and enjoy. Real estate is affordable and homes can be found in a wide range of styles and prices.
Lynn offers a wide variety of real estate styles and prices. Condominiums and townhouses start from $90,000 - $500,000 depending on size and location. Single-family homes for sale start from $140,000 -$600,000. Multi-family homes for sale start from the mid-$200,000s - $1 million+ depending on the number of units and location. The real estate market consists of mostly older Colonial, Cape, and Victorian styles. Many homes for sale can be found with golf course, waterfront or ocean views. Waterfront properties start from $400,000 - $1 million9+ for large estate homes with ocean frontage.
Lynn Real Estate Stats and Trends for the week of February 23rd, 2020: homes priced around $236,020 compared to $236,020 the previous week, to remain steady with no change in listing price. For Sunday, February 23rd, the current national mortgage rate for a 30 year fixed mortgage is 4.51%; the 15 year fixed rate is at 3.90%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.41%, while the 15 year jumbo rate currently is at 4.12%.
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