Lowell, MA is a vibrant city with a median housing value of $403,300. This amount is slightly higher than the US median housing value of $338,100. In the past year, the US has seen an 8.27% appreciation in housing values, while Lowell has seen an 8.08% appreciation rate in the same period. This demonstrates that Lowell is still quite desirable to home buyers and investors alike, despite its higher values than much of the US. With its location along the Merrimack River and its rich industrial history, Lowell offers residents a unique blend of urban and rural living. For those looking for a vibrant city with plenty of amenities and charm, Lowell could be the perfect fit.
The median home cost in Lowell (zip 01854) is $403,300. Home appreciation the last 10 years has been 90.5%. Home Appreciation in Lowell (zip 01854) is up 12.9%.
Average Age of Homes
- The median age of Lowell (zip 01854) real estate is 61 years old
The Rental Market in Lowell (zip 01854)
- Renters make up 55.6% of the Lowell (zip 01854) population
- 2.1% of houses and apartments in Lowell (zip 01854), 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.