LYNNFIELD — The median sale price for a single-family home sold in town increased last month.
According to a new report from The Warren Group, there were 14 single-family homes sold in Lynnfield during the month of September that had a median sale price of $1,102,500. The median sale price represented a 13.5 percent increase over the 16 single-family homes sold in September 2024 that had a median sale price of $971,420.
There were 14 single-family homes sold in Lynnfield during the month of August that had a median sale price of $1,062,500. There were 10 single-family homes sold in Lynnfield during the month of July that had a median sales price of $1,030,000. There were 16 single-family homes sold in Lynnfield in June that had a median sale price of $1,487,500.
According to The Warren Group, there were eight single-family homes sold in town in May that had a median sale price of $1,020,000. There were eight single-family homes sold during the month of April that had a median sale price of $1 million.
Additionally, there were six single-family homes sold during the month of March that had a medium sale price of $920,500. There were five single-family homes sold in Lynnfield during the month of February that had a median sale price of $830,000. There were five single-family homes sold in Lynnfield during the month of January that had a median sale price of $962,500.
According to The Warren Group, the 86 single-family homes sold in Lynnfield during the first nine months of the year had a median sale price of $1,055,000, which is $55 more than the median $1 million sale price of the 85 single-family homes during the first nine months of 2024.
The Massachusetts median single-family home price was $625,000 in September 2025, an increase of 4.2 percent over September 2024, according to a new report from The Warren Group.
Single-family homes
There were 3,769 single-family home sales in Massachusetts in September, an 8 percent increase from September 2024 when there were 3,489 transactions. Meanwhile, the median single-family home price increased 4.2 percent on a year-over-year basis to $625,000.
According to The Warren Group, there were 31,980 single-family home sales in the first nine months of 2025, a 3 percent increase from 2024. The median single-family home sale price increased 3 percent on the same basis to $640,000.
“The September housing market showed continued signs of shifting dynamics,” said Cassidy Norton, associate publisher and media relations director of The Warren Group. “A recent mortgage rate cut, increased inventory, and the approaching end of the year are all contributing to a slower, more thoughtful market. Anticipated additional rate cuts will continue the trend.”
Condominiums
According to the Warren Group, there was one condominium sold in town during the month of September for $825,000. There have only two condos sold in town in this year. The first condominium sold in town was in July that had a median sale price $685,000. There were 13 condos sold in town in 2024.
There were 1,610 condominium sales in September 2025, compared to 1,478 in September 2024 – a 8.9 percent increase. Meanwhile, the median condo sale price decreased 2.2 percent on a year over-year basis to $503,450, down from $515,000 in September 2024.
There were 14,756 condominium sales in the first nine months of 2025, a 4 percent increase from 2024, in which there were 14,180. Meanwhile, the year-to-date median sale price was unchanged from 2024 at $540,000.
“A significant increase in condo inventory earlier this year contributed to a surge in sales and helped keep prices down,” said Norton. “Lower interest rates on mortgages also contributed to the increase in sales.”
Greater Boston real estate
There were 1,721 single-family home sales in the Greater Boston housing market in September 2025, which marked a 3.1 percent increase from September 2024, when there were 1,670 transactions. Meanwhile, the median single-family sale price increased 5.3 percent on a year-over year basis to $769,000. Year-to-date, there were 15,684 single-family home sales in the Greater Boston housing market in 2025 – up 2.9 percent from 2024 – with a median sale price of $803,413 – up 4.3 percent from 2024.
According to The Warren Group, there were 1,105 condo sales in the Greater Boston housing market in September, up from 1,019 sales in September 2024, marking an 8.4 percent increase. Meanwhile, the median condo price decreased 3.3 percent on the same basis to $580,000, down from $600,000 a year earlier. Year-to date, there were 10,708 condo sales in the Greater Boston housing market in 2025 – up 3.3 percent from 2024 – with a median sale price of $620,000 – down 0.9 percent from 2024.