Home prices
The median home in Lynnfield costs $670,700. This is about $215,040 (47%) higher in comparison to nearby areas.In comparison to the rest of the nation it is approximately $453,200 (208%) higher, and in comparison to the city of Boston it is approximately $138,000 (25%) higher.
Rents
The median rent in Lynnfield is $1,669 per month. This is roughly $389 (30%) higher in comparison to other places in this area.Compared to the entire country it is about $607 (57%) higher, and compared to the city of Boston it is approximately $49 (3%) higher.
Nearby places
Wakefield
Wakefield is Lynnfield's neighbor to the southwest. Housing prices there are substantially less expensive. The median home in Wakefield is valued at $505,800, which works out to $164,900 (32%) lower than Lynnfield. Rent there is somewhat less expensive. The median monthly rent in Wakefield is $1,364, which is $305 (22%) lower than Lynnfield.
Peabody
Peabody is Lynnfield's neighbor to the east. Its housing prices are a lot less expensive. The median home in Peabody is valued at $387,400, which is $283,300 (73%) lower than Lynnfield. Rent there is a bit less expensive. The median rent in Peabody is $1,366 per month, which comes out to $303 (22%) lower than Lynnfield.
Reading
Reading is Lynnfield's neighbor to the west. The housing prices there are somewhat less expensive. Reading's median home cost is $562,800, which comes out to $107,900 (19%) lower than Lynnfield. Rent there is a little less expensive. The median rent in Reading is $1,354 a month, which works out to $315 (23%) lower than Lynnfield.
Saugus
Saugus is Lynnfield's neighbor to the south. The housing prices there are a lot less expensive. The median home in Saugus is valued at $394,900, which is $275,800 (69%) lower than Lynnfield. Its rents are substantially less expensive. The median rent in Saugus is $919 per month, which comes out to $750 (81%) lower than Lynnfield.
Danvers
Danvers is about 4 miles northeast of Lynnfield. Its real estate prices are substantially less expensive. The price of the median home in Danvers is $427,400, which is $243,300 (56%) lower than Lynnfield. Rents there are a little less expensive. In Danvers the median monthly rent is $1,398, which is $271 (19%) lower than Lynnfield.
