ZIP Code 01905 — Lynn, MA Home Prices (2026)

The typical home in ZIP 01905 (Lynn, Massachusetts) is worth about $586,000 at roughly $388 per square foot — 4% more expensive than the Lynn median and 99% more expensive than the typical U.S. home.

$586,000

Typical home value

$388

Price per sq ft

#2 of 4

Lynn ZIPs by value

+4%

vs Lynn median

How 01905 compares

ZIP 01905 is one of the pricier ZIP codes in Lynn: its typical home value of $586,000 ranks #2 of the 4 Lynn ZIP codes we track (the citywide range runs from $473,000 in 01901 to $635,000 in 01904). Per square foot it costs about $388, against $391 for Lynn as a whole, $361 for Massachusetts, and $195 nationally.

Area	Typical value	$ / sq ft
ZIP 01905	$586,000	$388
Lynn, MA	$565,500	$391
Massachusetts	$631,000	$361
United States	$294,000	$195

Home value by size in 01905

Using this ZIP’s rate of about $388 per square foot. Condition, lot, and the exact street move these meaningfully — use the estimator below for a home-specific figure.

Home size	Estimated value
1,000 sq ft	$388,000
1,500 sq ft	$582,000
2,000 sq ft	$776,000
2,500 sq ft	$970,000
3,000 sq ft	$1,164,000

Salary needed to buy a home in ZIP 01905

To buy the typical $586,000 home in ZIP 01905 with 20% down, you need a household income of roughly $159,000 a year (about $3,720 a month for the mortgage, taxes, and insurance). With 10% down the bar rises to about $189,000, because the loan is bigger and mortgage insurance kicks in.

Down payment	Cash down	Monthly payment	Income needed
5% (+PMI)	$29,300	$4,620/mo	$198,000/yr
10% (+PMI)	$58,600	$4,420/mo	$189,000/yr
20%	$117,200	$3,720/mo	$159,000/yr

Assumes a 30-year fixed mortgage at 6.5%, property tax at 1.1% and insurance at 0.45% of value per year, PMI of 0.75% on loans with less than 20% down, and the standard 28% housing-to-income rule. Your rate, taxes, and HOA will move these — run your own numbers in the mortgage calculator.

What your budget buys in ZIP 01905

At about $388 per square foot, here is roughly how much home different budgets get you in ZIP 01905:

Budget	Approx. size	What that looks like locally
$300k	770 sq ft	below the local median — condos, smaller or older homes
$400k	1030 sq ft	below the local median — condos, smaller or older homes
$500k	1290 sq ft	around the typical home here
$600k	1550 sq ft	around the typical home here
$750k	1930 sq ft	around the typical home here

Wondering where that budget goes further? The relocation calculator ranks hundreds of U.S. cities by what the same money buys — it opens pre-filled with a typical 01905 home.

Estimate a specific home in 01905

The estimator below is pre-set to ZIP 01905 — pick your home’s size for an instant ballpark, then open the full calculator to adjust beds, baths, and condition.

All Lynn ZIP codes by home value

Where 01905 sits among Lynn’s 4 ZIP codes:

#	ZIP code	Typical value	$ / sq ft
1	01904	$635,000	$393
2	01905 (this page)	$586,000	$388
3	01902	$545,000	$405
4	01901	$473,000	$362

ZIP 01905 home prices: frequently asked

What is the average home price in ZIP code 01905? +

The typical home in ZIP 01905 (Lynn, MA) is worth about $586,000 as of 2026. That is 4% more expensive than the Lynn median of $565,500 and 99% more expensive than the U.S. median of $294,000.

What is the price per square foot in 01905? +

About $388 per square foot in 01905, versus $391 across Lynn and $361 across Massachusetts. At that rate a 1,500 sq ft home runs roughly $582,000 and a 2,500 sq ft home about $970,000.

What salary do you need to buy a house in ZIP 01905? +

For the typical $586,000 home in ZIP 01905, a household income of about $159,000 a year covers the payment with 20% down (a 30-year fixed at 6.5%, plus taxes and insurance, under the 28% rule). With 10% down you need roughly $189,000; with 5% down about $198,000.

Is 01905 an expensive ZIP code? +

Within Lynn, 01905 ranks #2 of 4 ZIP codes by typical home value, which makes it one of the pricier ZIP codes in Lynn. Nationally it is relatively expensive.

See the full Lynn home values page, all Massachusetts cities, or price per square foot by ZIP code nationwide.

Directional estimates from public market data (Realtor.com & Zillow research), not appraisals. A single ZIP contains very different homes; actual values vary and change over time.