The housing market in Lowell charter township, MI is experiencing strong growth. The median value of homes in the area is currently $366,900, which is significantly higher than the US median value of $338,100. In addition, the house appreciation rate over the past year has been 12.54%, much higher than the national average of 8.27%. This indicates that the area's real estate market has been performing well and that now is a great time to invest in property in Lowell charter township.
The median home cost in Lowell charter is $366,900. Home appreciation the last 10 years has been 120.9%. Home Appreciation in Lowell charter is up 16.2%.
Average Age of Homes
- The median age of Lowell charter real estate is 36 years old
The Rental Market in Lowell charter
- Renters make up 9.0% of the Lowell charter population
- 0.0% of houses and apartments in Lowell charter, 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.