Lynn, MA Real Estate

According to census data in the year 2000 there were 34,690 housing units in Lynn. This represents a 0.1% growth from 34,670 in 1990.

Of those housing units, 34,690 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Lynn is about 45.6%. Lynn's vacancy rate, including seasonal lodging, is about 3.2%. Average household size is 2.62 people.

The majority of houses, apartments or condos in Lynn were built after 1940.


Housing Size

Housing Units by Size
Studio Type3.20%
One Bedroom23.90%
Two Bedrooms32.80%
Three Bedrooms29.10%
Four Bedrooms7.70%
Five Bedrooms or more3.30%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.91
Median year structure was built1939
Median Value of occupied units$145,200
Median Price asked for vacant units$136,900

Rented Homes, Apartments and Condos

Average Household Size2.37
Median year structure was built1946
Median Monthly Rent asked for vacant units$651

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.30%
Second Mortgage6.20%
Home Equity Loan8.80%
Simple Mortgage54.70%
Debt Free30%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs20.3%