Lynnfield, MA Real Estate
According to census data in the year 2000 there were 4,273 housing units in Lynnfield.
This represents a 6% growth from 4,033 in 1990.
Of those housing units, 4,273 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Lynnfield is about 94.3%.
Lynnfield's vacancy rate, including seasonal lodging, is about 2%.
Average household size is 2.75 people.
The majority of houses, apartments or condos in Lynnfield were built after 1959.
|Housing Units by Size|
|Five Bedrooms or more||8.10%|
Owned Homes, Apartments and Condos
|Average Household Size||2.8|
|Median year structure was built||1959|
|Median Value of occupied units||$328,000|
|Median Price asked for vacant units||$625,000|
Rented Homes, Apartments and Condos
|Average Household Size||1.96|
|Median year structure was built||1953|
Owners Finance Status
|Second Mortgage & Equity Loan||0.20%|
|Home Equity Loan||13.40%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||18.4%|