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HELLOCONDO BUYER'S BRIEF

1-Bedroom Condos with City View Under 500k in Downtown Lowell Lowell, MA

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  • The largest demographic in Downtown Lowell consists of individuals aged 30 to 34, with many earning up to $45,544 annually. This vibrant age group contributes to the neighborhood's dynamic atmosphere and community spirit.
  • The 30 to 34 age group is prominent in Downtown Lowell, indicating a youthful population inclined towards upward mobility.

Market Overview

AVG. DAYS ON MARKET
69
Trending Up11.29% year over year
AVG. SOLD PRICE
$238,500
Trending Down43.88% year over year

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Frequently Asked Questions About Lowell, MA

What is it like to live in Downtown Lowell, Lowell, MA?

Living in Downtown Lowell features a blend of historical charm and urban amenities, with access to parks, museums, and diverse dining options. The area is known for its rich cultural heritage and community events, offering a vibrant atmosphere for residents.

Is Downtown Lowell, Lowell, MA expensive?

Downtown Lowell offers diverse housing options, with rental prices and property values generally lower than those in nearby Boston. However, some areas are experiencing rising costs due to urban renewal and development initiatives.

What is the weather of Downtown Lowell, Lowell, MA?

Downtown Lowell experiences a humid continental climate, characterized by cold winters and warm summers. Average winter temperatures can drop below freezing, while summer highs typically reach the 80s°F. Precipitation is fairly evenly distributed throughout the year, with occasional snowfall in winter.

How safe is Downtown Lowell, Lowell, MA?

Downtown Lowell has a mixed safety profile, with crime rates that are higher than the national average but generally lower than those of other nearby urban areas. Local authorities actively work on community policing and crime reduction strategies. Residents are encouraged to stay informed and engage with neighborhood watch programs.