The Lowell market is not crashing, and it is not frozen. It is balancing. The latest MLS PIN Area Market Review data, covering year to date through November 10, 2026 and compared with the same period in 2025, tells a clear story: inventory is up sharply, homes are taking longer to sell, and prices are still holding. Here is what is actually happening, segment by segment.
Single Family: Prices Up, Choices Up More
Lowell single family sales total 283 year to date, down about 7 percent from 303 last year. The median sale price rose to $545,000, up about 4 percent, and homes are still selling at 102.26 percent of list price on average, with an average of 35 days on market. The big change is supply. There are 64 single family homes on the market right now, up from 39 a year ago, and months of supply has climbed to 2.27 from 1.29. Buyers have more choices than they have had in years, and sellers no longer get to name any number and watch a line form.
Condos: The Busy Segment
Condos are Lowell's most active segment. Sales are up 10 percent to 219 year to date, with the median price essentially flat at $339,999. Condos are taking longer to sell, 56 days on average, up from 35 last year, and 61 condos are currently on the market with 2.93 months of supply. For first-time buyers and downsizers, this is the segment where selection and negotiating room have both improved at the same time.
Multifamily and Rentals
Multifamily sales total 143 year to date at a median price of $730,000, and investor inventory has more than doubled, from 20 properties on the market last year to 44 now. If you are an investor, that is your opening. On the rental side, 273 leases have been signed in Lowell year to date, up almost 20 percent, at a median rent of $2,250, down slightly from $2,300. More rentals are leasing, at slightly softer prices, and they are sitting longer, about 58 days on average.
What It Means
Sellers: pricing right on day one matters more than it has in five years, because buyers can see the alternatives. Buyers: you have room you did not have last year, but the best priced homes still move fast and still go over asking. If you want to know what your Lowell home is worth in this market, or you want a plan to buy while there is finally inventory to choose from, call Chris Doherty at 978-857-9580 or the Doherty Properties office at (978) 746-0124. Chris is the #1 selling agent in Lowell. He personally sells 100+ homes a year, with 3,000+ career transactions, and Doherty Properties, the company he leads, has handled over $1 billion in real estate transactions.
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