Why Live in Fayette Street
Fayette Street in Lynn is a small residential neighborhood close to Downtown Lynn, offering convenient access to public transit, shopping, and dining. The area is a blend of longtime residents, immigrants, and newcomers seeking affordable living near Boston and Cambridge. The neighborhood features a mix of single-family and multifamily homes, including colonial-style and traditional houses with front-facing gables, vinyl siding, bay windows, and front porches. Street parking is common, with some homes having driveways. Local convenience stores like Stop and Compare Market and Merengue Market provide basic groceries and fresh produce. Dining options include Tony Tipico, a Dominican eatery, and Crown Fried Chicken, known for Halal foods. Downtown Lynn, less than a mile away, offers a vibrant arts scene with numerous local restaurants, cafes, and bars, including the Blue Ox bistro and One Mighty Mill. The neighborhood is served by Lynn Public Schools, with Ingalls Elementary, Thurgood Marshall Middle, and Lynn English High School nearby. Keaney Memorial Park, attached to Lynn English High School, offers various sports facilities, while Kiley Playground provides shaded picnic tables and a splash pad. Fayette Street is also close to King’s Beach, with Revere Beach and Nahant Beach offering more extensive sandy shorelines. The area has a low crime risk compared to the national average, making it a practical choice for families and individuals.
Frequently Asked Questions
Is Fayette Street a good place to live?
Fayette Street is a good place to live. Fayette Street is considered fairly walkable and bikeable with some transit options. Fayette Street has 7 parks for recreational activities. It is very dense in population with 93.6 people per acre and a median age of 34. The average household income is $71,613 which is below the national average. College graduates make up 13.6% of residents. A majority of residents in Fayette Street are renters, with 66% of residents renting and 34% of residents owning their home. A
local real estate agent serving Fayette Street can help you decide if this neighborhood is the right one for you. Learn more on our
Fayette Street neighborhood guide.
Is Fayette Street, MA a safe neighborhood?
Fayette Street, MA is less safe than the average neighborhood in the United States. It received a crime score of 5 out of 10.
How much do you need to make to afford a house in Fayette Street?
The median home price in Fayette Street is $650,000. If you put a 20% down payment of $130,000 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $3,370 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $144K a year to afford the median home price in Fayette Street. The average household income in Fayette Street is $72K.
What are the best public schools in Fayette Street?
The best public schools that serve Fayette Street are:
What are the best private schools in Fayette Street?
The best private schools that serve Fayette Street are:
What are the most popular zip codes in Fayette Street, Lynn, MA?
What are the most popular neighborhoods near Fayette Street, Lynn, MA?
Home Trends in Fayette Street, MA
On average, homes in Fayette Street, Lynn sell after 110 days on the market compared to the national average of 70 days. The median sale price for homes in Fayette Street, Lynn over the last 12 months is $640,000, up 51% from the median home sale price over the previous 12 months.
Median Sale Price
$640,000
Median Single Family Sale Price
$650,000
Median Townhouse Sale Price
$450,000
Average Price Per Sq Ft
$359
Number of Homes for Sale
4
Last 12 months Home Sales
30
Median List Price
$650,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
51%