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Sarah Mitchell
Compass Real Estate · ZIP 01854
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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01854 ZIP Code Housing Market
$444,300median sale price
What is the 01854 housing market like right now?
The median home sale price in ZIP code 01854 is $444,300, down 12.9% year-over-year. Homes sell in an average of 23 days with 21 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of March 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is the 01854 ZIP code a buyer's or seller's market?
ZIP code 01854 is currently a balanced market and homes selling in about 23 days. How we determine this →
What are the latest 01854 housing market stats?
| Metric | Value |
|---|---|
| Median sale price | $444,300 |
| Median list price | $499,900 |
| Year-over-year price change | -12.9% |
| Average days on market | 23 days |
| Active inventory | 21 listings |
| Sale-to-list price ratio | 100.7% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
The 01854 zip code, located in Lowell, MA, is currently classified as a balanced market. The median sale price stands at $444,300, representing a -12.9% change year over year. Homes in this area spend an average of 23 days on the market before going under contract. There are currently 21 active listings in the area, which influences how much negotiating power buyers and sellers have.
ZIP 01854 sits in the Lowell, MA area, roughly 1.6 miles from downtown Lowell. Because home prices are set street by street, this ZIP can move differently from Lowell's citywide averages. The figures below reflect 01854 specifically — drawn from Redfin transactions, U.S. Census data for its 30,081 residents, and Zillow value estimates.
Homes sold
42
Last 12 weeks
Days on market
23
Average pace
Active listings
21
Sale-to-list
100.7%
Above asking
What is driving the 01854 housing market?
The 01854 real estate market is shaped by a combination of local demand, housing supply, and broader economic trends. As a balanced market, homes are selling at approximately 100.7% of their listed price.
Year-over-year price trends are one of the most important indicators for both homebuyers and investors. Prices in 01854 have declined -12.9% compared to last year, which may present opportunities for buyers looking to enter the market at a lower price point. For context, it's valuable to compare this trend against neighboring zip codes and the broader metro area to determine whether this performance is localized or part of a regional pattern.
The Zillow Home Value Index (ZHVI) for 01854 stands at $488,293, which represents Zillow's estimate of the typical home value in the area. The Zillow Observed Rent Index (ZORI) indicates typical rents of $2,416 per month. This gives a price-to-rent ratio of approximately 16.8, which sits in a moderate range where the buy-versus-rent decision depends heavily on individual financial circumstances and time horizon. Use our mortgage calculator to estimate monthly payments based on current home values and interest rates.
Who lives in 01854?
Population
30,081
Median income
$72,709/yr
Median age
32.8 years
Owner-occupied
37.8%
College grads
31.2%
Avg commute
36.75 min
What is it like living in 01854?
Zip code 01854 is home to approximately 30,081 residents. The median household income is $72,709 per year, which shapes the types of homes and amenities available in the area. With a median age of 32.8 years, the community's age profile influences everything from school enrollment to local business types and recreational offerings. Approximately 37.8% of housing units are owner-occupied, reflecting a predominantly renter-occupied area that may appeal to investors looking for rental income opportunities.
About 31.2% of residents hold a bachelor's degree or higher, which often correlates with access to knowledge-economy jobs and higher earning potential in the area. The average commute time is 36.75 minutes, which is above the national average and may reflect a suburban or exurban setting where residents trade commute time for more affordable housing or larger lots. These demographic factors, combined with the market data above, help paint a complete picture of what it's like to live and own property in 01854.
Which public schools serve ZIP 01854?
7 schools tracked · 3,897 students
The largest public schools serving ZIP code 01854 by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Lowell Community Charter Public School
Grades PK-8 · 817 students
Dr An Wang School
Grades 5-8 · 658 students
Kathryn P. Stoklosa Middle School
Grades 5-8 · 625 students
Bartlett Community Partnership
Grades PK-8 · 480 students
Pawtucketville Memorial
Grades PK-4 · 452 students
Charlotte M Murkland Elementary
Grades PK-4 · 436 students
Joseph McAvinnue
Grades PK-4 · 429 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Frequently asked questions about 01854
What is the median home price in 01854?
The current median sale price in 01854 is $444,300, based on recent Redfin transaction data. Prices have changed -12.9% compared to last year. For the most up-to-date pricing and to see how this compares to nearby areas, use our comparison tool.
Is 01854 a buyer's or seller's market?
The 01854 zip code is currently classified as a balanced market. This assessment is based on key indicators including months of supply, sale-to-list price ratios, and average days on market.
What is the population of zip code 01854?
Zip code 01854 has a population of approximately 30,081 residents. The median household income is $72,709 per year. About 37.8% of homes are owner-occupied. This data is sourced from the U.S. Census Bureau and is updated annually.
How do I research neighborhoods in 01854?
Properties Incorporated provides comprehensive data for 01854 including median home prices, price history charts, days on market, active inventory, and Census Bureau demographics. To compare this area with other zip codes or cities, use our comparison tool. For mortgage planning, our mortgage calculator estimates monthly payments based on current prices and interest rates.
How often is the data for 01854 updated?
Market data on Properties Incorporated is updated regularly as new information becomes available. Redfin sales data is typically refreshed monthly, Zillow home value and rent estimates update monthly, and Census Bureau demographics are updated annually.
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