Zip 01851 (Lowell, MA) Housing

The city of Lowell, MA (01851) presents a promising environment for those seeking to invest in real estate. According to the US Housing Median Value, the median value in Lowell is $436,200, which is significantly higher than the US House Median Value of $338,100. The one-year housing appreciation rate in Lowell is 8.08%, which is slightly lower than the national mean of 8.27%. This indicates that investing in housing in Lowell can potentially yield good returns as property values continue to rise over time.

The median home cost in Lowell (zip 01851) is $436,200. Home appreciation the last 10 years has been 90.5%. Home Appreciation in Lowell (zip 01851) is up 12.9%.

Average Age of Homes

- The median age of Lowell (zip 01851) real estate is 78 years old

The Rental Market in Lowell (zip 01851)

- Renters make up 53.0% of the Lowell (zip 01851) population
- 1.8% of houses and apartments in Lowell (zip 01851), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Lowell, Massachusetts	United States
	11,826.0	139,647,020.0
	61	42
	$436,200	$338,100
	12.9%	16.6%
	48.6%	57.0%
	90.5%	101.1%
	$12.38	$10.98
	$4,177	$2,690
	40.8%	57.4%
	3.8%	11.2%
	55.4%	31.4%
Vacant Housing
	1.8%	1.9%
	0.4%	0.4%
	0.4%	0.7%
	0.2%	0.4%
	0.2%	3.6%
	0.8%	4.1%
Value of Owner-Occupied Housing
	0.3%	2.6%
	1.2%	2.4%
	0.0%	2.8%
	0.2%	3.9%
	0.2%	4.5%
	1.9%	11.3%
	5.5%	13.0%
	28.5%	20.1%
	32.7%	13.6%
	16.6%	8.3%
	7.6%	9.7%
	3.4%	3.9%
	1.4%	2.2%
	0.0%	0.8%
	0.5%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	2.7%	13.6%
	2.7%	13.6%
	4.0%	13.6%
	7.7%	13.2%
	9.3%	14.8%
	4.0%	13.6%
	7.5%	10.0%
	3.0%	4.7%
	53.9%	12.2%

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