The housing market in Lowell, IN is thriving, with a median value of $273,700. This is substantially lower than the US house median value of $338,100, but still significantly higher than many other parts of the country. In addition to a good price point for potential buyers, there has been strong 1 year appreciation in Lowell, at 9.67%, compared to 8.27% nationally. This makes it an ideal place to invest in property and take advantage of increasing values over time.
The median home cost in Lowell is $273,700. Home appreciation the last 10 years has been 76.1%. Home Appreciation in Lowell is up 14.2%.
Average Age of Homes
- The median age of Lowell real estate is 39 years old
The Rental Market in Lowell
- Renters make up 19.8% of the Lowell population
- 0.0% of houses and apartments in Lowell, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.