Lowell, MA Home Values & Market Trends

Real estate market trends reflect that there have been 889 transactions over the past year in Lowell. The median value for residential home transactions that occurred over the previous year is $457,626.1. The number of current listings in Lowell is 23, and the percentage of properties for sale in the city is 23.00%. Lowell, MA currently has 46 properties in foreclosure, 0 bank owned properties, 8 properties headed for auction, and 23 properties for sale.

Lowell, MA Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
01852

$ 587,300

$ 250/sqft

01854

$ 453,646

$ 335/sqft

01851

$ 506,075

$ 271/sqft

01850

$ 395,000

$ 307/sqft

Housing Market Summary for Lowell, MA

Apr 2023March 2024Change
Median Listing Price$419.9K$431.7K2.81%
Median Sold Price$410K$431.7K5.29%
Homes For Sale3118-41.94%
Homes Sold403384-4.71%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Lowell, MA

Lowell home values range from $41,840 to $19,207,916. The median estimated value of a home in Lowell is $457,626.1. The median list price of a home is 419,900, and the total count of properties in the city is 22,189.

Foreclosure
There are 4 zips within Lowell, MA; within these zips, the median estimated home value for homes in foreclosure ranges from $677,100 in 01852 to the lowest value of $221,000 in 01852. Foreclosure homes account for 0.00% of properties in Lowell, MA with 01852 containing 16 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.17% of all residential properties in Lowell, MA with 01852 containing 14 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 4 zips within Lowell, MA; of those zips, the estimated home value for pre-foreclosure homes ranges from $637,696 in 01851 to the lowest home value of $221,000 in 01852.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Lowell, MA ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Lowell, MA. There are 4 zips within Lowell, MA; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    01850 has 2 auction properties, the highest number of properties going to auction in a single zip in the state of Lowell, MA. Auction homes and other auction properties account for 0.04% of all properties in Lowell, MA. There are 4 zips within Lowell, MA; of those zips, the median estimated home value for homes going to auction ranges from $502,398 in 01851 to the lowest value of $228,250 in 01851.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.10% of residential properties in Lowell, MA with 01852 containing 7 homes for sale, the highest number of listed properties in a single zip. There are 4 zips within Lowell, MA; homes for sale in those zips, have a range of median values from $593,900 in 01851 to the lowest value of $221,114 in 01854.
    Sold Homes
    The median value for recently sold homes ranges from $983,840 in 01852 to the lowest price of $95,657 in 01852. There are 4 zips within Lowell, MA. 01852 has 161 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 1.71% of properties in Lowell, MA.

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      Guide for Lowell, MA

      Market Reports
      Boston Real Estate: A Year of Growth – Market Report March 2024
      Home Buying Guides & Tips
      How To Stop a Foreclosure via a Short Sale
      Financing Guides
      How To Protect Your Credit Score After Foreclosure
      Market Reports
      Augusta, ME Property Values Soar to $342K Amid Dipping Sales Volume
      See More Articles
      Boston Real Estate: A Year of Growth – Market Report March 2024
      Market Reports|posted 14 March 2024

      This analysis highlights the significant growth in Boston’s real estate market with increasing property values, and the diversity of pricing in its neighborhoods. It presents a dynamic market catering to a wide range of buyers and investors, from high-end to more economic entry points.

      How To Stop a Foreclosure via a Short Sale
      Home Buying Guides & Tips|posted 26 April 2024

      Learn how a short sale can stop the foreclosure process.

      How To Protect Your Credit Score After Foreclosure
      Financing Guides|posted 24 April 2024

      Learn effective strategies to safeguard your credit score after experiencing a foreclosure.

      Augusta, ME Property Values Soar to $342K Amid Dipping Sales Volume
      Market Reports|posted 24 April 2024

      The Augusta, Maine real estate market has seen considerable growth in property values and price per square foot, despite a decrease in sales. Comparisons with neighboring cities suggest diverse market conditions.