Zip 28098 (Lowell, NC) Housing

Lowell, NC (28098) has a median housing value of $245,800, which is significantly lower than the US median housing value of $338,100. However, the one year appreciation rate for Lowell is 19.65%, substantially higher than the 8.27% appreciation rate of houses in the US as a whole. This suggests that Lowell's housing market is undergoing rapid growth and could be an attractive option for those looking for an affordable home with potential investment opportunities.

The median home cost in Lowell (zip 28098) is $245,800. Home appreciation the last 10 years has been 127.7%. Home Appreciation in Lowell (zip 28098) is up 25.4%.

Average Age of Homes

- The median age of Lowell (zip 28098) real estate is 39 years old

The Rental Market in Lowell (zip 28098)

- Renters make up 34.2% of the Lowell (zip 28098) population
- 0.0% of houses and apartments in Lowell (zip 28098), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Lowell, North Carolina	United States
	1,614.0	139,647,020.0
	61	42
	$245,800	$338,100
	25.4%	16.6%
	82.1%	57.0%
	127.7%	101.1%
	$11.05	$10.98
	$1,376	$2,690
	68.0%	57.4%
	4.2%	11.2%
	27.8%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	1.1%	3.6%
	3.1%	4.1%
Value of Owner-Occupied Housing
	5.0%	2.6%
	1.9%	2.4%
	1.2%	2.8%
	3.0%	3.9%
	12.1%	4.5%
	35.6%	11.3%
	19.3%	13.0%
	17.2%	20.1%
	3.2%	13.6%
	0.5%	8.3%
	0.7%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.3%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	25.4%	13.6%
	25.4%	13.6%
	3.5%	13.6%
	4.3%	13.2%
	6.1%	14.8%
	3.5%	13.6%
	17.8%	10.0%
	20.8%	4.7%
	11.3%	12.2%

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