Lowell Real Estate Market Sees Sales Decline

While home sales in the Lowell market have been above average, in this week's report they slid 9.0% to 91 homes sold over the last 30 days. In comparison, nearby Methuen had 64 sales in the same time frame, the most of all neighboring cities. Prices are rising in Lowell, and the median sales price this period increased from $256,500 to $259,900. There are only two months of inventory available in Lowell, so it's a strong seller's market, even with the decrease in sales.

For the best bang for your buck, check out these listings that recently had significant price cuts in Lowell:

$224K   $140K   $360K  

Get started right now by checking out Lowell homes for sale or reviewing Lowell real estate trends.

Demographic facts for Lowell:

  • 63 years old is the median age of all the homes in the area.
  • The area gets an average of 50.0 inches of snow each year. (U.S. average: 25)
  • The rating in which jobs are expected to grow is 51. (Scale: 1 = Worst, 100 = Best)
  • This area has an average school expenditure per student of $9,111. ($5,691 = national average)

Data reported through 10/13/2016

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