Brokers — List your Company Here
Featured local agent — Lowell, MI
Sarah Mitchell
Compass Real Estate · Lowell, MI
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
This spot is open. Be the only brokerage featured on this page — one slot, no auction.
Claim this spot* Example only — dummy agent for illustration. Your logo, name, tagline, link, and lead routing replace this content.
Lowell, MI Housing Market & Real Estate
Housing market overview · Updated monthly ·
$306,500median sale price
How is the Lowell, MI housing market right now?
The median home sale price in Lowell, MI is $306,500, down 20.0% year-over-year. Homes sell in an average of 12 days with 8 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Lowell a buyer's or seller's market?
Lowell, MI is currently a strong seller's market, based on 1.3 months of supply and homes selling in about 12 days. How we determine this →
Homes sold
6
Last 12 weeks
Days on market
12
Fast-moving
Active listings
8
1.3 months supply
Sale-to-list
100.5%
Above asking
What does the Lowell housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $306,500 |
| Median list price | $349,900 |
| Year-over-year price change | -20.0% |
| Average days on market | 12 days |
| Active inventory | 8 listings |
| Months of supply | 1.3 months |
| Sale-to-list price ratio | 100.5% |
| Median price per sq ft | $180/sq ft |
| Homes sold (latest month) | 6 |
| New listings (latest month) | 9 |
| Listings with a price cut | 37.5% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Lowell by property type?
How the Lowell, MI market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $306,500 | $180/sq ft | 6 | 12 days |
| Condo / Co-op | $325,000 | $240/sq ft | 1 | 1 days |
Source: Redfin · Updated monthly
The Lowell housing market is currently classified as a strong seller's market with a median sale price of $306,500. Prices have fallen 20.0% compared to last year, with homes spending an average of 12 days on market, indicating 1.3 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 5.8x provides context for how home values compare to local earning capacity.
Homes for sale in Lowell
There are currently 8 homes listed for sale in Lowell, Michigan. The median listing price is $350K.
Active listings
8
Homes on market
Median list price
$350K
Avg. days on market
12
Days until sale
New this week
9
Newly listed
Who lives in Lowell?
Population
4,133
Median income
$71,406/yr
Median age
36.5 years
Owner-occupied
71.1%
College grads
27.2%
Avg commute
21.6 min
Source: U.S. Census Bureau ACS
What are homes worth in Lowell?
Zillow home value
$417,054
Price-to-income
5.8x
Source: Zillow Research
What is it like to live in Lowell?
Lowell is a community of approximately 4K residents with a median age of 36.5 years.The median household income is $71,406, which represents a working-class community with solid middle-income opportunities. 27.2% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 71.1%, reflecting strong community stability and long-term resident commitment. The average commute time is 21.6 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Lowell offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Lowell?
6 schools tracked · 3,011 students
The largest public schools serving Lowell, MI by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Lowell Senior High School
Grades 9-12 · 1,050 students
Lowell Middle School
Grades 6-8 · 775 students
Cherry Creek Elementary School
Grades 2-5 · 473 students
Murray Lake Elementary
Grades PK-5 · 427 students
Bushnell Elementary School
Grades PK-1 · 271 students
Unity Alternative School
Grades 9-12 · 15 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Lowell, MI?
Want a head-to-head view? Compare Lowell side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Lowell?
The median home sale price in Lowell is $306,500, down 20.0% from last year.
How long do homes stay on market in Lowell?
Homes typically spend 12 days on market before going under contract.
What is the median income in Lowell?
The median household income is $71,406 per year.
Is Lowell a buyer's or seller's market?
With 1.3 months of supply, Lowell is currently a strong seller's market.
What is the Zillow home value estimate for Lowell?
The Zillow Home Value Index (ZHVI) for Lowell is $417,054, representing the typical home value in the area.
What is the median condo price in Lowell?
The median condo/co-op sale price in Lowell, MI is $325,000, compared to $306,500 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Lowell?
The median single-family home price in Lowell, MI is $306,500 (about $180 per square foot).
Be the brokerage on this page
1 slot per pageGet featured on Lowell, MI
Your logo, brokerage name, and direct link to your site — featured at the top of this page in front of every visitor researching this whole city. One brokerage, no rotation, no bidding war.
- Goes live in 24 hours
- Cancel anytime
- Do-follow backlink to your site
Get Lowell market alerts
Weekly updates on prices, inventory, and trends. Free forever.