Lowell, MA—01852
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Lowell, MA
As of Oct '25, the median home price in Lowell, MA is $466,000, with a year-over-year change of 1.7%. This indicates that home prices in Lowell, MA are increasing. According to Zillow, the 1-year price projection is 1.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $466,000 | 1.7% |
| Single Family | $546,000 | 2.1% |
| Condos | $337,000 | 1.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $262,000 | -1.1% |
2 Bed | $371,000 | 1.9% |
3 Bed | $530,000 | 2.3% |
4 Bed | $607,000 | 2.0% |
| 5 Bed | $731,000 | 2.4% |
% of Housing Stock
Rental Trends — Lowell, MA
As of July '25, Rentcast reports the average rent in Lowell, MA is $2,360, with a year-over-year rent change of -0.4%. Per bedroom, the median rent as of July '25 in Lowell, MA is studios: $1,700, 1-bedrooms: $2,100, 2-bedrooms: $2,470, 3-bedrooms: $2,760, 4-bedrooms: $3,130. The most common rental property sizes in Lowell, MA are 2-bedroom and 1-bedroom, accounting for 45.1% and 27.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,380 | $2,360 |
| Studio Rent | $1,720 | $1,700 |
| 1 Bed Rent | $2,160 | $2,100 |
| 2 Bed Rent | $2,420 | $2,470 |
| 3 Bed Rent | $2,650 | $2,760 |
| 4 Bed Rent | $2,950 | $3,130 |
% of Rental Stock
Property Listings — Lowell, MA
As of Oct '25, Realtor.com reports that the median days on market for a home in Lowell, MA is 42. This is a increase of 71.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 68.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $382,000 | -20.0% |
Listing Count | 56 | 55.0% |
| Listings as % of Homes | 0.2% | 55.0% |
Days on Market | 42 | 71.0% |
Demographics — Lowell, MA
As of the latest ACS Survey released in 2023, Lowell, MA has a population of 36,700, which has increased by 5.0% over the past 5 years. Lowell, MA is a moderately popular place for families, as children make up 21.4% of the population. The area has a moderately educated workforce, with 32.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 36,700 | 5.0% |
% Under 18 | 21.4% | -2.3% |
% Seniors | 14.0% | 12.0% |
% WFH | 12.7% | 202.4% |
% w/ College Degree | 32.9% | 18.8% |
As of the latest ACS Survey released in 2023, Lowell, MA is a predominantly white area, with 53.2% of the population identifying as white. The white population has shrunk by 6.5% in the last 5 years. The second most common race or ethnicity in Lowell, MA is hispanic, making up 17.2% of the population. Foreign-born residents account for 28.3% of the population in Lowell, MA, and this percentage has increased by 11.9% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 53.2% | -6.5% |
% Black | 8.6% | 21.1% |
% Hispanic | 17.2% | -9.5% |
% Asian | 15.0% | 11.9% |
% Foreign Born | 28.3% | 11.9% |
Mortgage and Risk — Lowell, MA
According to HUD data as of 2023, there were 436 mortgage originations in Lowell, MA, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 61.0%, with 26.0% above 90% LTV (very high). This implies large mortgage risk in Lowell, MA. Investor activity is low, as 4.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 436 |
% Conventional Loans | 82.0% |
% Government Loans | 18.0% |
% Investor Loans | 4.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Lowell, MA
As of 2024, the percent of homes in Lowell, MA under the Section 8 program is 22.8%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Lowell, MA, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 2,378 |
Total Units Section 8 | 1,799 |
% Rentals under Section 8 | 22.8% |
% Occupied Section 8 | 92.8% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$640 | $2,160 | $1,520 |
| 2 Bedroom | -$420 | $2,420 | $2,000 |
| 3 Bedroom | -$240 | $2,650 | $2,410 |
| 4 Bedroom | -$300 | $2,950 | $2,650 |
Affordability — Lowell, MA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.1 |
| Median Home Price | $466,000 |
| Median Household Income | $77,100 |