Foreclosure Homes in Lowell, MA

Current Market Conditions in Lowell, MA

The Lowell real estate market has seen a steady increase in demand due to its affordable prices relative to the Greater Boston area. The city’s ongoing revitalization efforts and accessibility to public transportation have attracted young professionals and families alike, leading to a growing trend in housing investments and renovations.

Home prices in Lowell remain competitive in comparison with nearby cities, and the market is characterized by a diverse range of properties, from historic mill condos to single-family homes. Buyers are finding opportunities in the city’s burgeoning neighborhoods, where improvements to infrastructure and local amenities are driving property values upwards.

Rent Prices In Lowell, MA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lowell, MA, is on a rollercoaster ride. The average rent price in Lowell, MA, is $1,690.00. Indeed, when looking to rent in Lowell, MA, you can expect to pay as little as $930.00 or as much as $3,700.00, with the average rent median estimated to be $1,690.00. The good news is that finding an affordable and desirable property to rent in Lowell, MA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.