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 $457,638.1. The number of current listings in Lowell is 22, and the percentage of properties for sale in the city is 22.00%. Lowell, MA currently has 47 properties in foreclosure, 1 bank owned properties, 7 properties headed for auction, and 22 properties for sale.
Lowell, MA Real Estate Market Overview
Housing Market Summary for Lowell, MA
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $419.9K | $431.7K | 2.81% |
| Median Sold Price | $410K | $431.7K | 5.29% |
| Homes For Sale | 31 | 18 | -41.94% |
| Homes Sold | 403 | 384 | -4.71% |
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%.
Recently Sold Homes
Explore recent offers and recently sold homes in Lowell, MA
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 $457,638.1. The median list price of a home is 444,450, and the total count of properties in the city is 22,189.
- Pre-ForeclosurePre-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 OwnedThe median estimated home value of bank owned homes (REO properties) in Lowell, MA ranges from the highest value of $249,900 in 01852 to the lowest value of $249,900 in 01852. Bank owned homes and properties account for 0.00% of properties in Lowell, MA. There are 4 zips within Lowell, MA; 01852 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions01850 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 0.03% 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.
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Guide for Lowell, MA
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