Market report, updated

Lowell Home Values and Market Report

Search in the school district 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 98.7% of list price in 37 days on average.

Average price, last 12 months

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

List · $639K Sold · $600K
$660K$550K$440K$330K
OctNovDecJanFebMarAprMayJunJulAugSep

Homes sold per month

Closed sales, last 12 months.

Peak: 35 sales in Jun. Last month: 25.

Where the market stands

All homes in this report, by status.

391homes
Active63 · 16%
Under contract37 · 9%
Sold (12 mo)291 · 74%

Buyer's or seller's market?

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

2.2months of inventory
Seller's, under 4BalancedBuyer's, over 6

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

Average price by status

Active$591K
Under contract$423K
Sold$448K

Average days on market

Active96 days
Under contract53 days
Sold37 days

Browse homes by status

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

Active homes

Currently for sale
Homes for sale 63
Average list price $591,015
Avg. days on market 96 days
Avg. price per ft² $233 Based on 42 of 63 homes
Avg. living area 2,590 ft² Based on 42 of 63 homes
Avg. beds / baths 3.7 / 3.0

Price vs. living area

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

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

$3M$2M$1M$0

Price vs. living area: 42 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.

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

Highest price per ft²

Top 7 homes in this status.

11338 Bancroft Way SE$365
11610 Grand River Drive SE$360
11339 Bancroft Way SE$359
220 King Street Unit 6$353
99 Radny Drive SE$327
5169 Snow Avenue SE$327
1456 Kimber Drive SE$320

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$25893 days
3741 Hilton Avenue SELowell, MI 49331 ———$2,400,000—9 days
2975 #4 Boynton Avenue NEAda, MI 49301 ———$1,885,000—354 days
2975 #3 Boynton Avenue NEAda, MI 49301 ———$1,635,000—354 days
13850 Thompson Drive NELowell, MI 49331 576,946$1,450,000$208113 days
187 Foleys Grade SELowell, MI 49331 443,198$799,990$25013 days
2760 Tyler Trail SELowell, MI 49331 443,224$799,900$248147 days
10420 52nd Street SELowell, MI 49331 —3—$789,900—28 days
10420 52nd Street SELowell, MI 49331 643,710$789,900$21228 days
99 Radny Drive SELowell, MI 49331 442,397$784,900$32776 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

How much is your home worth?

...get instant property value now!

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