Why Live in Acre
The Acre neighborhood in Lowell, Massachusetts, is characterized by its historical and diverse housing options, including pre-war and newly constructed condominiums, multi-family units, and single-family homes such as Foursquares and Queen Anne-inspired houses. The area is seeing a rise in new condo developments, attracting young professionals and Boston buyers due to its proximity to downtown restaurants, the commuter rail station, and major freeways. The neighborhood is outlined by the Merrimack River, providing residents with outdoor activities like walking, jogging, swimming, sailing, and fishing. Lowell National Historical Park and South Common offer additional recreational opportunities, including athletic facilities and green spaces. The Acre's diverse culinary scene features ethnic restaurants such as Sizzling Kitchen, Bani Restaurant, and El Potro Mexican Bar & Grill, along with local markets like Market Basket and New Asian Market. Mill No. Five is a popular spot for unique shopping experiences. The neighborhood hosts significant events like the Southeast Asian Water Festival and the Lowell Folk Festival, drawing thousands of visitors annually. The area is well-connected, with access to U.S. Route 3, Interstate 495, and public transportation options, including the Lowell Regional Transit Authority and commuter rail service to Boston. The University of Massachusetts, Lowell’s South Campus, is a major presence in the neighborhood, offering numerous academic programs and employing many locals.
Frequently Asked Questions
Is Acre a good place to live?
Acre is a good place to live. Acre is considered fairly walkable and somewhat bikeable with good transit options. Acre has 6 parks for recreational activities. It is very dense in population with 25.9 people per acre and a median age of 29. The average household income is $66,953 which is below the national average. College graduates make up 27.1% of residents. A majority of residents in Acre are renters, with 83.7% of residents renting and 16.3% of residents owning their home. A
local real estate agent serving Acre can help you decide if this neighborhood is the right one for you. Learn more on our
Acre neighborhood guide.
Is Acre, MA a safe neighborhood?
Acre, MA is less safe than the average neighborhood in the United States. It received a crime score of 7 out of 10.
How much do you need to make to afford a house in Acre?
The median home price in Acre is $399,000. If you put a 20% down payment of $79,800 and had a 30-year fixed mortgage with an interest rate of 6.77%, your estimated principal and interest payment would be $2,070 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $89K a year to afford the median home price in Acre. The average household income in Acre is $67K.
What are the best public schools in Acre?
The best public schools that serve Acre are:
What are the best private schools in Acre?
The best private schools that serve Acre are:
What are the most popular zip codes in Acre, Lowell, MA?
What are the most popular neighborhoods near Acre, Lowell, MA?
Home Trends in Acre, MA
On average, homes in Acre, Lowell sell after 35 days on the market compared to the national average of 50 days. The median sale price for homes in Acre, Lowell over the last 12 months is $365,000, up 4% from the median home sale price over the previous 12 months.
Median Sale Price
$365,000
Median Single Family Sale Price
$488,900
Median 2 Bedroom Sale Price
$393,500
Median 1 Bedroom Sale Price
$349,900
Average Price Per Sq Ft
$333
Number of Homes for Sale
9
Last 12 months Home Sales
36
Median List Price
$399,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
4%