Home prices
Lynn's median home price is $323,100. It is roughly $126,980 (28%) lower in comparison to other places in this area.It is about $105,600 (48%) higher in comparison to the rest of the country, and is roughly $209,600 (39%) lower compared to the city of Boston.
Rents
The median rent in Lynn is $1,189 a month. Compared to its nearby areas it is roughly $204 (14%) lower.Compared to the nation as a whole it is roughly $127 (11%) higher, and it is about $431 (26%) lower in comparison to the city of Boston.
Nearby places
Saugus
Saugus is Lynn's neighbor to the west. Housing prices there are a little more expensive. The median home price in Saugus is $394,900, which comes out to $71,800 (18%) higher than Lynn. Rent there is a little less expensive. Saugus's median rent is $919 a month, which comes out to $270 (29%) lower than Lynn.
Swampscott
Swampscott is Lynn's neighbor to the east. The real estate prices there are significantly more expensive. The median home in Swampscott is valued at $475,500, which comes out to $152,400 (32%) higher than Lynn. Rents there are significantly more expensive. The median monthly rent in Swampscott is $1,916, which is $727 (37%) higher than Lynn.
Nahant
Nahant is Lynn's neighbor to the southeast. Its real estate prices are substantially more expensive. The cost of the median home in Nahant is $625,400, which is $302,300 (48%) higher than Lynn. The rent there is a little more expensive. The median rent in Nahant is $1,473 a month, which is $284 (19%) higher than Lynn.
Salem
Salem is Lynn's neighbor to the northeast. The housing prices there are somewhat more expensive. The median home in Salem costs $367,200, which comes out to $44,100 (12%) higher than Lynn. Rents there are a little more expensive. The median rent in Salem is $1,289 per month, which works out to $100 (7%) higher than Lynn.
Peabody
Peabody is Lynn's neighbor to the north. Housing prices there are a little more expensive. The median home value in Peabody is $387,400, which comes out to $64,300 (16%) higher than Lynn. The rent there is a bit more expensive. The median rent in Peabody is $1,366 per month, which comes out to $177 (12%) higher than Lynn.
