01940 Real Estate Market Overview

Could Lynnfield, MA 01940 be your next home? Kick-start your search with Trulia’s real estate guide and home search. With interactive maps and charts, Trulia provides a comprehensive overview of market trends, schools, demographics, and lifestyle data to help you learn all about 01940. Not sure which neighborhood is for you? Check out our Nearby Places section below to explore popular cities near 01940 such as Read...ing and Wakefield. When you’re ready, Trulia has 49 resale and new homes in 01940 lined up for you, including open houses, and homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. View more

$602,700

Median Sales Price

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$269

Price Per Sqft

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$3,500

Median Rent Per Month

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Housing Market Trends

Market trends help you understand the movement of key price indicators. Trends in 01940 show a -10% year-over-year drop in median sales price and a 0% rise in median rent per month.

Median Sales Price
The median sales price for homes in 01940 for May 24 to Aug 23 was $602,700 based on 53 home sales.
Price Per Square Ft.
Average price per square foot for 01940 was $269, an increase of 3% compared to the same period last year.
Median Rent Per Month
The median rent per month for apartments in 01940 for Jul 24 to Aug 24 was $3,500.

Crime

Most frequent crimes in the past year

01940 has very low crime relative to the rest of Essex County.

Knowing more about crime activity in and around 01940 can help keep you aware of crime in the area. Crime activity is most helpful when comparing two locations to understand the relative safety of each location.

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1

Count of Vandalism

1

Count of Assault

1

Count of Theft


Best Schools in 01940

There are 14 schools in 01940.

Elementary Schools
9

L D Batchelder

Public, K-5

9

Summer Street School

Public, K-4

9

Huckleberry Hill School

Public, K-4

Middle Schools
8

Masconomet Regional Middle School

Public, 7-8

7

North Reading Middle School

Public, 6-8

6

Pickering Middle School

Public, 6-8

High Schools
9

Masconomet Regional High School

Public, 9-12

9

Lynnfield High School

Public, 9-12

8

North Reading High School

Public, 9-12


Demographics

Get to know your neighbors in 01940 by reviewing our census driven map. Get insights into median age, how many people are married, and percentage of people with a college degree.

Single residents
17%
Single residents
Home owners
96%
Home owners
Median age
45
Median age
Household income
$112,381
Median household income
College educated
58%
College educated

Commute

Most people in 01940 commute by car. Learn how neighbors in this area get to work so you can consider how you might commute if you lived here, too.

Commute Type
97% commute by car
0% commute by bike
2% commute by public transportation
0% commute by foot

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