Explore Lowell, MA - Market Insights, Demographics, Crime, Trends & Hotspots

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Median Price
$320,000

Market Insights

The housing market in Lowell continues to see strong price appreciation, with values up 29.6% compared to last year. Home prices have increased 14.3% in the past month alone. With 23 active listings, inventory is 53% higher than seasonal norms. Homes are now taking an average of 30 days to sell, significantly longer than the 19 days typical for this market. A significant 34.8% of listings experienced price reductions, indicating sellers may be adjusting to market realities. The majority of homes (52.6%) sold above asking price, a clear sign of competitive bidding. Affordability remains a significant challenge in the Lowell market with the affordability index at 21.7. Based on current market indicators, home prices in Lowell are projected to increase by approximately 27.1% over the next month.

Demographics market for - Lowell, MA

Total Population -

104,373

White Population

64.33%

Black Population

9.52%

Mexican1.07% (0.19% of total population)
Puerto Rican66.75% (11.75% of total population)
Cuban0.67% (0.12% of total population)
Dominican12.77% (2.25% of total population)
Salvadoran2.05% (0.36% of total population)
Costa Rican0%
Gautemalan1.68% (0.30% of total population)
Honduran0.44% (0.08% of total population)
Nicaraguan0.27% (0.05% of total population)
Panamanian0.51% (0.09% of total population)
Argentinean0.82% (0.14% of total population)
Bolivian0%
Chilean0.19% (0.03% of total population)
Colombian6.82% (1.20% of total population)
Ecuadorian5.17% (0.91% of total population)
Peruvian0.49% (0.09% of total population)
Uruguyan0.04% (0.01% of total population)
Venezuelan0.27% (0.05% of total population)

Indian 15.01% (2.64% of total population)
Bangladeshi 0.72% (0.13% of total population)
Chinese 5.39% (0.95% of total population)
Bhutanese 0.64% (0.11% of total population)
Burmese 2.47% (0.43% of total population)
Filipino 1.07% (0.19% of total population)
Hmong 0%
Indonesian 0.67% (0.12% of total population)
Japanese 0.31% (0.05% of total population)
Korean 0.68% (0.12% of total population)
Laotian 5.56% (0.98% of total population)
Malaysian 0%
Mongolian 0%
Nepalese 0.11% (0.02% of total population)
Pakistani 2.01% (0.35% of total population)
Srilankan 0%
Taiwanese 0.24% (0.04% of total population)
Pakistani 2.01% (0.35% of total population)
Srilankan 0%
Taiwanese 0.24% (0.04% of total population)
Thai 0.64% (0.11% of total population)
Vietnamese 9.71% (1.71% of total population)

Hawaiian0.56% (0.10% of total population)
Samoan0.40% (0.07% of total population)
Chamorro0.17% (0.03% of total population)
Fijian0%
Marshallese0%

Crime for - Lowell, MA

Fraud Offenses55.56%
Embezzlement11.11%
Arson11.11%
Counterfeiting/Forgery22.22%

Homicide Offenses100.00%

Motor Vehicle Theft3.30%
Destruction/Damage/Vandalism of Property29.25%
Burglary/Breaking & Entering9.91%
Larceny/Theft Offenses54.72%
Stolen Property Offenses2.83%

Assault Offenses0.22%
Assault Offenses99.78%

Robbery100.00%

Kidnapping/Abduction50.00%
Sex Offenses37.50%
Sex Offenses12.50%

Real Estate Market Prediction for - Lowell, MA

City Hotspots
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