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Commercial Avenue in Downtown LowellPhoto: Dennisyerger84 · CC BY-SA 3.0
Housing in Lowell

327 homes sold in Lowell in the last year, at a typical $332K

About one sale in 6 is a condo. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Lowell homes are listed.

Homes sold
327
June 2025 to May 2026
Typical sale price
$332K
median, weighted by sales
Price per square foot
$174
Indiana $148
Paid vs. asking
98.8%
9% sold over asking
For sale now
61
May 2026 · 24 sold that month
What sold · last 12 months

Houses are 83% of Lowell’s sales, at a typical $346K

327 homes sold in the year to May 2026.

Houses$346K

typical sale · 272 sold in 12 months

Per square foot
$180IN $148
Days to sell
71
Sold over asking
8%
Listings with a price cut
32%
Fewer sales

Multi-family (2–4 units): 2 sold, typical $263K
Townhouses: 53 sold, typical $264K

Too few sales in 12 months for reliable figures.

14 years of sales

More homes sell than most years, at twice the 2016 price

327 sales in the last year, against 327 in 2025 and a low of 128 in 2012. The typical sale went from $165K in 2016 to $332K.

Homes soldTypical sale price
087175262350$175K$250K$325K$400K2012: 128 sold, typical $139K’122013: 182 sold, typical $142K2014: 187 sold, typical $144K’142015: 207 sold, typical $154K2016: 264 sold, typical $165K’162017: 258 sold, typical $169K2018: 240 sold, typical $179K’182019: 278 sold, typical $201K2020: 291 sold, typical $227K’202021: 286 sold, typical $252K2022: 227 sold, typical $280K’222023: 201 sold, typical $314K2024: 282 sold, typical $318K’242025: 327 sold, typical $323KLast 12 months: 327 sold, typical $332KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $350K buys in Lowell

Houseat $180 a sq ft
The same money in Indianaat $148 a sq ft

Is this asking price fair?

Check a listing against what Lowell homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Lowell are back to pre-pandemic levels, but a quarter fewer homes come up for sale

We read every month of Lowell’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 327 sales.

If you’re buying in Lowell

  • Shop in August. It brings about 30 new listings a month, close to the busiest month, with fewer bidding wars (18% over asking).
  • You can negotiate. 32% of listings have cut their price, against 2% before the pandemic.
  • Bid near asking. Buyers paid 98.8% of the list price on average; 9% paid over.
  • You’ll usually have time. Only 25% of homes go under contract within two weeks; the typical one takes 62 days.
Best time to buy

Spring brings the homes; summer brings the bidding wars

May has the most new listings (about 33 a month), but June is the most competitive: 27% of June sales close over asking. July and August offer nearly as much choice with fewer homes bid up (22%). January has the least competition (12%).

New listings a monthShare sold over asking
08.817.526.33513%27%40%Sweet spotJan: 20 new listings a month, 12% sold over asking, 108 days to sellJFeb: 21 new listings a month, 18% sold over asking, 99 days to sellFMar: 24 new listings a month, 17% sold over asking, 88 days to sellMApr: 27 new listings a month, 20% sold over asking, 92 days to sellAMay: 33 new listings a month, 23% sold over asking, 77 days to sellMJun: 30 new listings a month, 27% sold over asking, 75 days to sellJJul: 30 new listings a month, 22% sold over asking, 78 days to sellJAug: 30 new listings a month, 18% sold over asking, 70 days to sellASep: 24 new listings a month, 15% sold over asking, 67 days to sellSOct: 24 new listings a month, 13% sold over asking, 83 days to sellONov: 19 new listings a month, 13% sold over asking, 94 days to sellNDec: 12 new listings a month, 14% sold over asking, 96 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and calmer than Indiana

Lowell now2017–192021 peakIN now
Sold over askingShare of sales that closed above the list price9%12%35%19%
Gone within two weeksShare of homes under contract within 14 days25%2%7%37%
Listings with a price cutShare of homes for sale that cut their price32%2%15%33%
Price paid vs. askingAverage sale price ÷ list price98.8%98.3%99.2%97.7%
Days to sellMedian days from listing to contract62985735
Supply

88 homes for sale on a typical day

That’s 1.6 times the 2023 low (55), 24% fewer than in 2017–19 and well under 2014’s 136.

2012: 114 for sale’122013: 123 for sale2014: 136 for sale2015: 125 for sale’152016: 118 for sale2017: 104 for sale2018: 126 for sale’182019: 115 for sale2020: 94 for sale2021: 68 for sale’212022: 58 for sale2023: 55 for sale2024: 97 for sale’242025: 94 for saleLast 12 months: 88 for saleNow
Room to negotiate

1 in 3 listings has cut its price

32% in the last year, against 2% in 2017–19 and 33% across Indiana. More sellers are pricing high and coming down.

2016: 2%’162017: 2%2021: 15%2022: 18%’222023: 25%2024: 27%2025: 29%’25Last 12 months: 32%Now
Across Indiana

Lowell ranks 125th of 132 busy Indiana markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Lowell is one of the state’s calmer markets.

Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Lowell home costs about $1,977 a month

Mortgage
Property tax
Insurance
Rent

Price: Lowell’s typical sale, last 12 months. Property tax at Lowell’s 0.9% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Lowell is affordable on local pay is on Cost of living.

Before you buy in Lowell

Six things worth knowing

33

New listings in May

The month with the most choice. December has the fewest, about 12.

Best time to buy
0.9%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $332K home, about $2,940 a year.

Taxes vs. neighbors
A

Schools

The schools grade for Lowell, from test results, graduation and how much students grow.

Schools in Lowell
33 min

Typical commute

The average one-way trip to work for people who live in Lowell.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Hanover Township and Beecher sell for less a square foot

The busier markets within 25 miles of Lowell, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Crown Point554$317K$17821%44
Lowell327$332K$1749%62
Cedar Lake274$306K$18416%46
Hebron79$299K$17324%58
Beecher68$308K$16018%117
Hanover Township37$208K$15919%76
Lake Dalecarlia21$389K$18319%41

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Lowell, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Lowell. People who follow the town see it, and so do people comparing Lowell with their own town. No commission, no listing fee.

Questions about buying a home in Lowell

What do homes sell for in Lowell, IN?

327 homes sold in the year to May 2026 at a typical $332K, $174 a square foot.

Is Lowell a buyer’s or seller’s market?

A seller’s market: 61 homes were for sale in May 2026 and 24 sold, about 2.5 months of supply. Buyers paid 98.8% of asking on average, and 32% of listings cut their price.

When is the best time to buy in Lowell?

May brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Lowell?

About 0.9% of a home’s value a year. On a $332K home that’s near $2,940.

Where can I see homes for sale in Lowell?

Zillow, Redfin, Realtor.com and Homes.com all carry Lowell’s MLS listings; the search links above open each one filtered to Lowell.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).