The Downtown Lowell housing market is very competitive. The median sale price of a home in Downtown Lowell was $339K last month, up 2.7% since last year. The median sale price per square foot in Downtown Lowell is $356, up 6.0% since last year.
What is the housing market like in Downtown Lowell today?
In October 2024, Downtown Lowell home prices were up 2.7% compared to last year, selling for a median price of $339K. On average, homes in Downtown Lowell sell after 26 days on the market compared to 23 days last year. There were 12 homes sold in October this year, up from 12 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$338,750
+2.7% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Downtown Lowell, MA
$338,750
+2.7%
United States
To compare other locations to the Downtown 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.
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Work with the best agents in Downtown Lowell
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How hot is the Downtown Lowell housing market?
Downtown Lowell is very competitive. Homes sell in 23.5 days.
0
100
83
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 9 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% above list price and go pending in around 24 days.
Hot homes
can sell for about 5% above list price and go pending in around 13 days.
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 Downtown Lowell housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Downtown Lowell.
Flood Factor - Major
54% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Downtown Lowell has a major risk of flooding. 138 properties in Downtown Lowell are likely to be
severely affected
by flooding over the next 30 years. This represents 54% of all properties in Downtown Lowell. Flood risk is increasing slower than the national average.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Downtown Lowell has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Downtown Lowell is most at risk from hurricanes. 434 properties in Downtown 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 78 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 88 mph.