01904, Lynn, MA

The 1904 zip code of Lynn, MA includes a population of approximately 24,000 people. The median home value in this zip code is $128,000. The home equity in this zip code is $72,000.

According to Zillow’s Home Value Index for ZIP Codes within the Boston metropolitan area, the home equity in the Lynn zip code has increased by an average of 9% each year since 2006. This growth is likely due to both rising prices and increasing household incomes within this area. In addition, there has been a recent increase in home values within the Lynn zip code due to its proximity to downtown Boston and other desirable neighborhoods.

Despite these positive trends, there are still areas of concern for homeowners in the Lynn zip code. For example, despite recent increases in home values and equity, many homeowners are still struggling to make their mortgage payments on their current homes. Additionally, there is a high level of foreclosures and short sales within this area which could lead to further declines in home values over time.