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Lowell, MA Housing

 
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As of 2010-2014, median price of a house in Lowell is $228,000, which is lower than the state average of $329,900 and is higher than the national average of $175,700. The Lowell median house value has grown by 69.90% since 2000. The growth rate for the price of a house in Lowell is lower than the state average rate of 77.65% and is higher than the national average rate of 46.91%. The median year that a house in Lowell was built is 1948, which is older than the median year for a house built in the state which is 1959 and is older than the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 17,142 Owner Occupied Houses in Lowell, MA, #195
Lowell, MA
228,000 USD
Massachusetts
329,900 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #134
Lowell, MA
69.90%
Massachusetts
77.65%
U.S.
46.91%
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Lowell, MAMassachusettsU.S.
Total Housing Units41,787, see rank, 100%2,816,875132,741,033
Occupied Housing Units38,639, 92.47%, see rank90.12%87.55%
Owner Occupied17,142, 41.02%, see rank56.12%56.34%
Renter Occupied21,497, 51.44%, see rank33.99%31.21%
Vacant Housing Units3,148, 7.53%, see rank9.88%12.45%
For Rent1,712, 4.10%, see rank1.67%2.34%
For Sale Only180, 0.43%, see rank0.74%1.20%
Rented or Sold, Not Occupied324, 0.78%, see rank0.77%0.92%
For Seasonal, Recreational, or Occasional Use249, 0.60%, see rank4.29%3.97%
For Migrant Workers0, 0.00%, see rank0.01%0.03%
Other Vacant683, 1.63%, see rank2.40%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #163
Lowell, MAMassachusettsU.S.
194819591976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Lowell, MA%MassachusettsU.S.
Owner-Occupied Units17,142100%1,580,93874,787,460
With a Mortgage12,22971.34%, see rank71.18%65.58%
Without a Mortgage4,91328.66%, see rank28.82%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Lowell, MA
1,775 USD
Massachusetts
2,095 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsLowell, MA%MassachusettsU.S.
$299 or Less00.00%, see rank0.09%0.20%
$300 to $499140.11%, see rank0.49%1.59%
$500 to $6991521.24%, see rank1.47%5.01%
$700 to $9997776.35%, see rank4.74%14.32%
$1,000 to $1,4992,93223.98%, see rank16.44%27.90%
$1,500 to $1,9993,94732.28%, see rank22.84%20.35%
$2,000 to $2,9993,40527.84%, see rank34.83%19.52%
$3,000 or More1,0028.19%, see rank19.10%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Lowell, MA
26.80% of the Total Income
Massachusetts
24.60% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Lowell, MA%MassachusettsU.S.
10% or Less5784.73%, see rank5.29%5.86%
10% to 20%2,82223.08%, see rank29.25%31.95%
20% to 30%3,53728.92%, see rank29.39%27.64%
30% to 40%1,79114.65%, see rank14.83%13.74%
40% or More3,42628.02%, see rank20.86%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Lowell, MA
604 USD
Massachusetts
707 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsLowell, MA%MassachusettsU.S.
$199 or Less1342.73%, see rank1.57%7.76%
$200 to $2991503.05%, see rank2.45%14.70%
$300 to $4991,09922.37%, see rank16.27%34.63%
$500 to $6991,91338.94%, see rank28.91%21.16%
$700 or More1,61732.91%, see rank50.80%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Lowell, MA
14.30% of the Total Income
Massachusetts
14.90% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Lowell, MA%MassachusettsU.S.
10% or Less1,61132.79%, see rank31.52%40.19%
10% to 20%1,47430.00%, see rank31.52%31.47%
20% to 30%57811.76%, see rank14.65%12.24%
30% to 40%52710.73%, see rank7.86%5.64%
40% or More67213.68%, see rank13.41%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Lowell, MAMassachusettsU.S.
Total Housing Units41,787, 100%2,816,875132,741,033
1-unit, Detached13,182, 31.55%, see rank52.24%61.65%
1-unit, Attached2,415, 5.78%, see rank5.19%5.82%
2 Units6,654, 15.92%, see rank10.16%3.75%
3 or 4 Units5,027, 12.03%, see rank10.94%4.43%
5 to 9 Units4,113, 9.84%, see rank5.95%4.78%
10 or More Units10,377, 24.83%, see rank14.65%13.08%
Mobile Home, Boat, RV, Van, etc.19, 0.05%, see rank0.87%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Lowell, MAMassachusettsU.S.
Total Housing Units41,787, 100%2,816,875132,741,033
1 Room1,710, 4.09%, see rank2.33%1.95%
2 Rooms1,580, 3.78%, see rank3.02%2.48%
3 Rooms4,870, 11.65%, see rank10.03%9.13%
4 Rooms9,535, 22.82%, see rank15.77%16.60%
5 Rooms9,361, 22.40%, see rank18.26%20.41%
6 Rooms6,138, 14.69%, see rank17.63%18.06%
7 Rooms4,078, 9.76%, see rank12.23%12.27%
8 Rooms2,553, 6.11%, see rank9.28%8.48%
9 Rooms or More1,962, 4.70%, see rank11.45%10.60%
Median Rooms4.80, see rank5.505.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Lowell, MAMassachusettsU.S.
Total Housing Units41,787, 100%2,816,875132,741,033
No Bedroom1,767, 4.23%, see rank2.56%2.17%
1 Bedroom7,148, 17.11%, see rank14.08%11.16%
2 Bedrooms14,794, 35.40%, see rank28.19%26.69%
3 Bedrooms12,048, 28.83%, see rank34.72%39.70%
4 Bedrooms4,600, 11.01%, see rank16.00%16.05%
5 or More Bedrooms1,430, 3.42%, see rank4.45%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Lowell, MAMassachusettsU.S.
Total Housing Units38,639, 100%2,538,485116,211,092
Utility Gas26,841, 69.47%, see rank49.70%48.85%
Bottled, Tank, or LP Gas547, 1.42%, see rank2.86%4.86%
Electricity6,451, 16.70%, see rank14.23%36.68%
Fuel Oil, Kerosene, etc.4,152, 10.75%, see rank30.36%5.86%
Coal or Coke73, 0.19%, see rank0.13%0.12%
Wood69, 0.18%, see rank1.69%2.12%
Solar Energy18, 0.05%, see rank0.03%0.05%
Other Fuel222, 0.57%, see rank0.65%0.47%
No Fuel Used266, 0.69%, see rank0.35%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalLowell, MAMassachusettsU.S.
Occupied Units Paying Rent21,198, 100%924,80939,201,928
$199 or Less363, 1.71%, see rank2.07%1.50%
$200 to $2991,307, 6.17%, see rank5.74%3.18%
$300 to $4991,500, 7.08%, see rank7.69%7.37%
$500 to $6991,790, 8.44%, see rank8.07%16.01%
$700 to $9995,518, 26.03%, see rank20.08%29.17%
$1,000 to $1,4998,335, 39.32%, see rank31.42%26.88%
$1,500 to $1,9992,097, 9.89%, see rank15.67%9.79%
$2,000 or More288, 1.36%, see rank9.27%6.10%
Median$1,005, see rank$1,088$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Lowell, MAMassachusettsU.S.
Occupied Housing Units38,639, 100%2,538,485116,211,092
No Vehicles Available6,455, 16.71%, see rank12.57%9.12%
1 Vehicles Available15,837, 40.99%, see rank36.07%33.80%
2 Vehicles Available11,631, 30.10%, see rank36.51%37.48%
3 or More Vehicles Available4,716, 12.21%, see rank14.84%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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