Lowell, MA Home Values & Market Trends

Real estate market trends reflect that there have been 868 transactions over the past year in Lowell. The median value for residential home transactions that occurred over the previous year is $457,653.33. The number of current listings in Lowell is 20, and the percentage of properties for sale in the city is 20.00%. Lowell, MA currently has 51 properties in foreclosure, 0 bank owned properties, 11 properties headed for auction, and 20 properties for sale.

Lowell, MA Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
01852

$ 587,300

$ 266/sqft

01854

$ 456,773

$ 292/sqft

01850

$ 395,000

$ 307/sqft

01851

$ 451,987

$ 271/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 $457,653.33. The median list price of a home is 409,950, 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 18 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.18% of all residential properties in Lowell, MA with 01852 containing 15 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
    01854 has 3 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 0.05% 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 $462,500 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 0.09% 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 $596,700 in 01854 to the lowest value of $259,250 in 01850.
    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 166 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 1.76% of properties in Lowell, MA.

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      Guide for Lowell, MA

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      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.

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      Investment Financing|posted 9 April 2024

      Buying a new home is an important milestone for many. But how do you make sure you pick the right mortgage?

      What To Consider Before Renting a RTO Home
      Home Buying Financing|posted 5 April 2024

      RTO homes can sometimes be tricky to understand. Here are the questions you should if you are considering a rent-to-own property.

      Charleston Real Estate Market Stabilizes in March 2024 Amid Fluctuations
      Market Reports|posted 4 April 2024

      The Charleston real estate market has displayed notable fluctuations in property values, with trends for sales volume, square foot costs, and average sale price showing a general upward trajectory.

      Recently Listed Homes Lowell, MA

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