Why Live in Fayette Street
Fayette Street is a small residential neighborhood close to Downtown Lynn, offering convenient access to public transit, shopping and dining. The area is a diverse blend of longtime residents 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, though some homes have driveways. Buses stop throughout this community, offered through the Massachusetts Bay Transportation Authority. Routes 107 and 129 connect to Interstate 95. Boston Logan International Airport is about 9 miles away. Local convenience stores like Stop and Compare Market and Merengue Market provide basic groceries and fresh produce. Local restaurants are diverse and include Tony Tipico, a Dominican eatery, and Crown Fried Chicken, known for Halal foods. Less than 1 mile away, Downtown Lynn offers a vibrant arts scene with numerous local restaurants, cafes and bars, including the Blue Ox bistro and One Mighty Mill. Downtown hosts a number of annual events, including the Lynn Arts & Culture Festival and the Fourth of July Celebration. Students attend Lynn Public Schools, which includes Ingalls Elementary, Thurgood Marshall Middle and Lynn English High School nearby. Attached to the high school, Keaney Memorial Park offers various sports facilities. 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.
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 good transit options. Fayette Street is a neighborhood with a crime score of 4, on par with the average neighborhood in the U.S. 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 a safe neighborhood and is on par with the average neighborhood in the United States. It received a crime score of 4 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 $399,450. If you put a 20% down payment of $79,900 and had a 30-year fixed mortgage with an interest rate of 6.37%, your estimated principal and interest payment would be $1,990 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $85K a year to afford the median home price in Fayette Street. Learn how much home you can afford with our
Home Affordability Calculator. 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?
Are home prices dropping in Fayette Street?
Yes, home prices in Fayette Street are down 18% in the last 12 months.
Home Trends in Fayette Street, MA
On average, homes in Fayette Street, Lynn sell after 23 days on the market compared to the national average of 57 days. The median sale price for homes in Fayette Street, Lynn over the last 12 months is $399,000, down 19% from the median home sale price over the previous 12 months.
Median Sale Price
$399,000
Median Single Family Sale Price
$449,900
Median 2 Bedroom Sale Price
$367,500
Median 1 Bedroom Sale Price
$240,000
Average Price Per Sq Ft
$419
Number of Homes for Sale
1
Last 12 months Home Sales
15
Median List Price
$399,450
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-19%