Home Values

Lowell Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$216,800

  • 2.7% 1-year change
  • 0.0% 1-year forecast

The median home value in Lowell is $216,800. Lowell home values have gone up 2.7% over the past year and Zillow predicts they will rise 0.0% within the next year. The median list price per square foot in Lowell is None. The median rent price in Lowell is $1,250, which is lower than the Boston Metro median of $2,395.

Foreclosures will be a factor impacting home values in the next several years. In Lowell 4.4 homes are foreclosed (per 10,000). This is greater than the national value of 3.5

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Lowell is 10.3%, which is higher than the national value of 6.0%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Lowell homeowners underwater on their mortgage is 14.8%, which is higher than Boston Metro at 8.5%.

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Relative ZHVI
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Lowell Market Overview

Data through May 31, 2015
  • $216,800 ZHVI
  • 0.0% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (May 31, 2016)
  • No data Median listing price
  • $181,550 Median sale price
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Lowell Market Health

Data through May 31, 2015
  • No recent data Stable
  • No data Average days on Zillow
  • 14.8% Homes with negative equity (15.4% US Avg) (Mar 31, 2015)
  • 10.3% Delinquent on mortgage (6.0% US Avg) (Mar 31, 2015)

Homes foreclosed (per 10,000)

4.4 homes Lowell
3.5 homes United States
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Nearby Cities

Name Median ZHVI
Carlisle $739,700
Bedford $585,000
Westford $461,900
Name Median ZHVI
Chelmsford $352,000
Billerica $337,000
Tyngsboro $327,800
Name Median ZHVI
Tewksbury $325,700
Dracut $253,100
Town of Hudson $237,700

Listings & Sales

Data through May 31, 2015
  • No recent data Median list price / sq ft
  • $146 Median sale price / sq ft
  • No data Listings with price cut
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Lowell Rentals

Data through May 31, 2015
  • Zillow Rent Index

  • $1,799 Lowell
    $2,191 Boston Metro
    $1,367 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 1.8 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • $1,250 Rent list price
  • $1.54 Rent list price / sq ft
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