Market report, updated

Lowell Home Values and Market Report

Search in the city of Lowell

Create your own market report
Khoury Real Estate LLC. logo
Report prepared by Rosietherealtormi.com Khoury Real Estate LLC.

Market at a glance

Over the last 12 months, homes sold for 98.6% of list price in 39 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $656K Sold · $615K
$660K$550K$440K$330K
OctNovDecJanFebMarAprMayJunJulAugSep

Homes sold per month

Closed sales, last 12 months.

Peak: 28 sales in Jun. Last month: 18.

Where the market stands

All homes in this report, by status.

327homes
Active48 · 15%
Under contract25 · 8%
Sold (12 mo)254 · 78%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

2.0months of inventory
Seller's, under 4BalancedBuyer's, over 6

Homes are selling quickly, which favors sellers in this market.

Average price by status

Active$518K
Under contract$421K
Sold$442K

Average days on market

Active74 days
Under contract37 days
Sold39 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 48
Average list price $517,520
Avg. days on market 74 days
Avg. price per ft² $221 Based on 36 of 48 homes
Avg. living area 2,644 ft² Based on 36 of 48 homes
Avg. beds / baths 3.7 / 3.1

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

12 homes didn’t report living area and aren’t shown.

$3M$2M$1M$0

Price vs. living area: 36 homes plotted, up to $3M and 15,000 ft².

0 ft²5,00010,00015,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

11 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 7 homes in this status.

11610 Grand River Drive SE$368
99 Radny Drive SE$327
1456 Kimber Drive$320
1968 Fallasburg Park Drive NE Unit 3$276
12125 Cherry Creek Ridge NE$271
1551 Wales Road SE$267
1389 Center Hill Road SE Unit 29$262

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
554 Bailey Lake Drive NELowell, MI 49331 789,490$2,450,000$25885 days
13850 Thompson Drive NELowell, MI 49331 576,946$1,450,000$208105 days
2760 Tyler Trail SELowell, MI 49331 443,224$799,900$248139 days
10420 52nd Street SELowell, MI 49331 —3—$789,900—20 days
10420 52nd Street SELowell, MI 49331 643,710$789,900$21220 days
99 Radny Drive SELowell, MI 49331 442,397$784,900$32768 days
12285 Downes Street NELowell, MI 49331 443,300$749,900$22720 days
10092 Meadowhill Drive SELowell, MI 49331 543,281$745,000$2278 days
12125 Cherry Creek Ridge NELowell, MI 49331 542,744$745,000$27139 days
1968 Fallasburg Park Drive NE Unit 3Lowell, MI 49331 432,699$745,000$27669 days
Khoury Real Estate LLC. logo

Questions about this market?

These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

Rosietherealtormi.com Khoury Real Estate LLC.

Next steps

Free and instant. We can follow up with a detailed valuation.