Why Live in Chatham Street
Chatham Street in Lynn, MA, is a historic neighborhood located in one of the oldest towns in the United States. This area offers affordability and convenience, being just 20 minutes from Boston and Logan Airport. The neighborhood is characterized by its single-family colonial homes with New England embellishments and larger multi-family properties, often converted from triple-deckers. Recreational opportunities abound, with Flax Pond Park offering tennis courts, playgrounds, and a rest area, while Magnolia Park features basketball courts and a multi-use field. Keaney Park, located on the Lynn English High School campus, provides a track and playground open to the public. For nature enthusiasts, the Lynn Woods Reservation, 3 miles west, offers over 30 miles of trails, and the Lynn Shore & Nahant Beach Reservation, 1 mile south, provides ocean access, a boardwalk, and athletic fields. The neighborhood has a mix of international markets and convenience stores, with larger retailers located a short drive away on Essex Street. Dining options include Yas Chicken, Crown Fried Chicken, Charlie’s seafood, Antique Table for Italian cuisine, and Tony Tipico for Dominican fare. Buchanan’s Cafe is a local bar known for its live music and happy hour prices. Commuters benefit from the proximity to Massachusetts Route 1A and the MBTA Lynn Interim Station, with bus routes throughout the city. The area hosts community events such as the Lynn Arts & Culture Festival, free movie nights, and holiday celebrations.
Frequently Asked Questions
Is Chatham Street a good place to live?
Chatham Street is a good place to live. Chatham Street is considered somewhat walkable and somewhat bikeable with some transit options. Chatham Street has 7 parks for recreational activities. It is very dense in population with 25.1 people per acre and a median age of 36. The average household income is $95,685 which is below the national average. College graduates make up 21.6% of residents. A majority of residents in Chatham Street are home owners, with 40.2% of residents renting and 59.8% of residents owning their home. A
local real estate agent serving Chatham Street can help you decide if this neighborhood is the right one for you. Learn more on our
Chatham Street neighborhood guide.
Is Chatham Street, MA a safe neighborhood?
Chatham Street, MA is safer than the average neighborhood in the United States. It received a crime score of 3 out of 10.
How much do you need to make to afford a house in Chatham Street?
The median home price in Chatham Street is $442,500. If you put a 20% down payment of $88,500 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $2,290 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $98K a year to afford the median home price in Chatham Street. The average household income in Chatham Street is $96K.
What are the best public schools in Chatham Street?
The best public schools that serve Chatham Street are:
What are the best private schools in Chatham Street?
The best private schools that serve Chatham Street are:
What are the most popular zip codes in Chatham Street, Lynn, MA?
What are the most popular neighborhoods near Chatham Street, Lynn, MA?
Home Trends in Chatham Street, MA
On average, homes in Chatham Street, Lynn sell after 42 days on the market compared to the national average of 70 days. The median sale price for homes in Chatham Street, Lynn over the last 12 months is $370,000, up 12% from the median home sale price over the previous 12 months.
Median Sale Price
$370,000
Median Single Family Sale Price
$410,000
Median Townhouse Sale Price
$255,000
Median 2 Bedroom Sale Price
$255,000
Average Price Per Sq Ft
$242
Number of Homes for Sale
5
Last 12 months Home Sales
32
Median List Price
$442,500
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
12%