The Lowell housing market is very competitive. Homes in Lowell receive 5 offers on average and sell in around 19 days. The median sale price of a home in Lowell was $463K last month, up 1.4% since last year. The median sale price per square foot in Lowell is $314, up 10.2% since last year.
In October 2024, Lowell home prices were up 1.4% compared to last year, selling for a median price of $463K. On average, homes in Lowell sell after 19 days on the market compared to 16 days last year. There were 72 homes sold in October this year, up from 64 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$462,500
+1.4% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Lowell, MA
$462,500
+1.4%
United States
To compare other locations to the Lowell and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Lowell add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
Work with the best agents in Lowell
Redfin agents are among the most experienced in the industry, so we know how to help you win in today's market.
How hot is the Lowell housing market?
Lowell is very competitive. Homes sell in 20 days.
0
100
89
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 2% above list price and go pending in around 20 days.
Hot homes
can sell for about 6% above list price and go pending in around 12 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Home offer insights for Lowell
Explore recent offers and recently sold homes in Lowell
Recent offers
Offer Not Accepted|
9 Weeks Ago
~$900K Offer
Sold for $900K
4bd | 2.25ba | ~3,000sqft
Over List Price
4%
Days on Market
3
Competing Offers
8
Down Payment
~30%
Doreen Lewis
Lowell Redfin Agent
Our initial Offer was $40K over asking, waived inspection and waived appraisal. There were 8 offers and was asked for a highest and best and we went to $50K over asking but not not win.…
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Lowell housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Lowell.
Flood Factor - Major
21% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Lowell has a major risk of flooding. 2,968 properties in Lowell are likely to be
severely affected
by flooding over the next 30 years. This represents 21% of all properties in Lowell. Flood risk is increasing slower than the national average.
5% of properties are at risk of wildfire over the next 30 years
Fire Factor
Lowell has a moderate risk of wildfire. There are 1,319 properties in Lowell that have some risk of being affected by wildfire over the next 30 years. This represents 5% of all properties in Lowell.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Lowell has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Lowell is most at risk from hurricanes. 22,086 properties in Lowell have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 86 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 97 mph.