Why Live in Lowell
Lowell's rich industrial heritage comes alive through its preserved 5.6-mile canal system and historic mill buildings. The Lowell National Historical Park showcases the city's textile manufacturing past through guided tours and boat rides, while the Boott Cotton Mills Museum features a working weave room. Cultural attractions include the Whistler House Museum of Art, New England Quilt Museum, and the innovative Mill No. 5, an indoor village housing unique shops, the Luna Theater, and a Sunday farmers market. The dining scene reflects the city's diversity, from Cambodian cuisine at Simply Khmer to modern American fare at Fuse Bistro and classic Greek dishes at Olympia Restaurant.
The real estate landscape varies by neighborhood. Belvidere features single family homes with a median price of $615,000, while the Highlands area commands a median price of $540,000 for single family homes. The Acre neighborhood contains condos, with one bedroom units at a median price of $349,900 and two bedrooms at $393,500. South Lowell presents more affordable condo options, with one bedroom units at a median price of $247,500.
Property taxes in Middlesex County maintain a 1.05% effective rate, lower than nearby Nashua, NH at 1.76%. The MBTA commuter rail connects residents to Boston's North Station in 50 minutes, while driving takes approximately 45 minutes. The University of Massachusetts Lowell adds an academic presence to the community. Notable schools include Chelmsford High School, rated A by Niche, and Lowell Catholic, rated A minus, serving multiple neighborhoods. The Lowell Heritage State Park and Riverwalk provide outdoor recreation along the Merrimack River, complemented by the extensive Lowell Dracut Tyngsborough State Forest.
Home Trends in Lowell, MA
On average, homes in Lowell, MA sell after 22 days on the market compared to the national average of 50 days. The median sale price for homes in Lowell, MA over the last 12 months is $450,000, up 7% from the median home sale price over the previous 12 months.
Median Sale Price
$450,000
Median Single Family Sale Price
$525,300
Median Townhouse Sale Price
$510,000
Median 2 Bedroom Sale Price
$334,000
Median 1 Bedroom Sale Price
$295,000
Average Price Per Sq Ft
$328
Number of Homes for Sale
83
Last 12 months Home Sales
623
Median List Price
$445,949
Median Change From 1st List Price
-1%
Median Home Sale Price YoY Change
7%