Why Live in Tower Hill
Tower Hill owes its name to the High Service Water Tower and Reservoir, a historic red brick monolith that has stood sentry in the Massachusetts neighborhood since 1896 and is listed on the National Registry of Historic Places. Largely residential aside from the winding paths of Bellevue Cemetery on its north side, Tower Hill is situated about 30 miles north of Boston. “Tower Hill is a nice area,” says Jefri Liriano, the principal broker and owner of Liriano Realty. “It’s more residential than anything else. There are a lot of green areas and it’s more for families; you see a lot of people walking outside and walking their dogs.”
Several major roads extend into Tower Hill from Lawrence, many of them blending into the neighborhood landscape and devolving into a network of residential streets. Tower Hill is also bounded to the south by the Merrimack River, and the waterway is complemented by several parks within the neighborhood. “People in Lawrence can put a boat into the Merrimack and go all the way to Lowell,” Liriano says. “When you pass by that area, you will see boats on the water.” Nearby access to Interstate 93 adds convenience for residents to head south to Boston or a few
Home Trends in Tower Hill, MA
On average, homes in Tower Hill, Lawrence sell after 26 days on the market compared to the national average of 50 days. The median sale price for homes in Tower Hill, Lawrence over the last 12 months is $405,000, up 2% from the median home sale price over the previous 12 months.
Median Sale Price
$405,000
Median Single Family Sale Price
$500,000
Median Townhouse Sale Price
$492,500
Median 2 Bedroom Sale Price
$350,000
Average Price Per Sq Ft
$305
Number of Homes for Sale
4
Last 12 months Home Sales
35
Median List Price
$409,900
Median Change From 1st List Price
-2%
Median Home Sale Price YoY Change
2%