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Lowell - Snow - 2021-01-02Photo: Hoff1606 · CC BY-SA 4.0
Housing in Lowell

73 homes sold in Lowell in the last year, at a typical $290K

Almost every sale is a house. 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
73
June 2025 to May 2026
Typical sale price
$290K
median, weighted by sales
Price per square foot
$199
Michigan $172
Paid vs. asking
100.1%
40% sold over asking
For sale now
8
May 2026 · 6 sold that month
What sold · last 12 months

Houses are 93% of Lowell’s sales, at a typical $291K

73 homes sold in the year to May 2026.

Houses$291K

typical sale · 68 sold in 12 months

Per square foot
$198MI $172
Days to sell
17
Sold over asking
41%
Listings with a price cut
38%
Fewer sales

Multi-family (2–4 units): 1 sold, typical $250K
Condos: 4 sold, typical $319K

Too few sales in 12 months for reliable figures.

14 years of sales

About as many homes sell as usual, at twice the 2016 price

73 sales in the last year, against 100 in 2017 and a low of 45 in 2024. The typical sale went from $140K in 2016 to $290K.

Homes soldTypical sale price
0255075100$100K$200K$300K$400K2012: 70 sold, typical $74K’122013: 71 sold, typical $103K2014: 63 sold, typical $131K’142015: 92 sold, typical $129K2016: 73 sold, typical $140K’162017: 100 sold, typical $167K2018: 87 sold, typical $178K’182019: 80 sold, typical $195K2020: 73 sold, typical $195K’202021: 74 sold, typical $245K2022: 71 sold, typical $254K’222023: 49 sold, typical $293K2024: 45 sold, typical $309K’242025: 61 sold, typical $296KLast 12 months: 73 sold, typical $290KNow

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

What your budget buys

What $300K buys in Lowell

Houseat $198 a sq ft
The same money in Michiganat $172 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 more common than before the pandemic, but 20% 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, 73 sales.

If you’re buying in Lowell

  • Shop in September. It brings about 8 new listings a month, close to the busiest month, with fewer bidding wars (35% over asking).
  • Some room to negotiate. 33% of listings cut their price, about as many as before the pandemic.
  • Bid near asking. Buyers paid 100.1% of the list price on average; 40% paid over.
  • Move fast on good ones. 59% of homes are under contract within two weeks.
Best time to buy

Summer brings the homes; spring brings the bidding wars

June has the most new listings (about 9 a month), but May is the most competitive: 53% of May sales close over asking. September offers nearly as much choice with fewer homes bid up (35%). January has the least competition (20%) but only about 5 new listings.

New listings a monthShare sold over asking
02.557.51020%40%60%Sweet spotJan: 5 new listings a month, 20% sold over asking, 61 days to sellJFeb: 4 new listings a month, 24% sold over asking, 31 days to sellFMar: 7 new listings a month, 35% sold over asking, 62 days to sellMApr: 9 new listings a month, 45% sold over asking, 18 days to sellAMay: 7 new listings a month, 53% sold over asking, 24 days to sellMJun: 9 new listings a month, 51% sold over asking, 27 days to sellJJul: 9 new listings a month, 42% sold over asking, 18 days to sellJAug: 7 new listings a month, 42% sold over asking, 17 days to sellASep: 8 new listings a month, 35% sold over asking, 34 days to sellSOct: 7 new listings a month, 43% sold over asking, 33 days to sellONov: 5 new listings a month, 37% sold over asking, 32 days to sellNDec: 2 new listings a month, 25% sold over asking, 31 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and hotter than Michigan

Lowell now2017–192021 peakMI now
Sold over askingShare of sales that closed above the list price40%33%66%31%
Gone within two weeksShare of homes under contract within 14 days59%26%53%43%
Listings with a price cutShare of homes for sale that cut their price33%33%27%28%
Price paid vs. askingAverage sale price ÷ list price100.1%99.4%104.1%98.4%
Days to sellMedian days from listing to contract16261033
Supply

9 homes for sale on a typical day

That’s 4.1 times the 2023 low (2), 20% fewer than in 2017–19 and well under 2012’s 30.

2012: 30 for sale’122013: 28 for sale2014: 20 for sale2015: 28 for sale’152016: 17 for sale2017: 14 for sale2018: 10 for sale’182019: 10 for sale2020: 6 for sale2021: 8 for sale’212022: 7 for sale2023: 2 for sale2024: 4 for sale’242025: 8 for saleLast 12 months: 9 for saleNow
Room to negotiate

1 in 3 listings has cut its price

33% in the last year, against 33% in 2017–19 and 28% across Michigan.

2015: 20%’152016: 25%2017: 25%2018: 34%’182019: 43%2020: 29%2021: 27%’212022: 29%2023: 40%2024: 47%’242025: 35%Last 12 months: 33%Now
Prices by type

Houses and condos, year by year

A house typically sold for $291K in the last year (68 sales), a condo for $319K (4).

$100K$200K$300K$400K2013201520172019202120232025NowHouses 2013: $102K, 66 salesHouses 2014: $130K, 56 salesHouses 2015: $127K, 84 salesHouses 2016: $142K, 63 salesHouses 2017: $167K, 94 salesHouses 2018: $178K, 87 salesHouses 2019: $192K, 78 salesHouses 2020: $196K, 69 salesHouses 2021: $233K, 65 salesHouses 2022: $256K, 62 salesHouses 2023: $299K, 47 salesHouses 2024: $322K, 41 salesHouses 2025: $299K, 57 salesHouses last 12 months: $291K, 68 salesHouses $291KCondos 2013: $146K, 4 salesCondos 2014: $135K, 6 salesCondos 2015: $143K, 6 salesCondos 2016: $191K, 8 salesCondos 2021: $326K, 7 salesCondos 2022: $287K, 8 salesCondos last 12 months: $319K, 4 salesCondos $319K

Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.

Across Michigan

Lowell ranks 41st of 194 busy Michigan 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 hottest 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 $1,797 a month

Mortgage
Property tax
Insurance
Rent

Price: Lowell’s typical sale, last 12 months. Property tax at Lowell’s 1.2% (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

9

New listings in June

The month with the most choice. December has the fewest, about 2.

Best time to buy
1.2%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $290K home, about $3,410 a year.

Taxes vs. neighbors
A

Schools

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

Schools in Lowell
25 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

Saranac and Belding sell for less a square foot; East Grand Rapids for far more

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
Kentwood600$338K$19433%17
Forest Hills368$611K$24532%20
East Grand Rapids152$738K$31228%22
Belding80$221K$15654%15
Lowell73$290K$19940%16
Caledonia Township33$380K$19936%22
Saranac21$243K$16243%35

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, MI?

73 homes sold in the year to May 2026 at a typical $290K, $199 a square foot.

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

A seller’s market: 8 homes were for sale in May 2026 and 6 sold, about 1.3 months of supply. Buyers paid 100.1% of asking on average, and 33% of listings cut their price.

When is the best time to buy in Lowell?

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

How much are property taxes in Lowell?

About 1.2% of a home’s value a year. On a $290K home that’s near $3,410.

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).