Lowell, IN—46356
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Lowell, IN
As of Oct '25, the median home price in Lowell, IN is $327,000, with a year-over-year change of 3.1%. This indicates that home prices in Lowell, IN are increasing. According to Zillow, the 1-year price projection is 1.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $327,000 | 3.1% |
| Single Family | $328,000 | 3.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $236,000 | 3.5% |
3 Bed | $319,000 | 3.2% |
4 Bed | $386,000 | 2.4% |
| 5 Bed | $441,000 | 2.1% |
% of Housing Stock
Rental Trends — Lowell, IN
As of July '25, Rentcast reports the average rent in Lowell, IN is $1,640, with a year-over-year rent change of 27.1%. Per bedroom, the median rent as of July '25 in Lowell, IN is studios: $1,180, 1-bedrooms: $1,020, 3-bedrooms: $2,220, 4-bedrooms: $2,200. The most common rental property sizes in Lowell, IN are 2-bedroom and 3-bedroom, accounting for 40.8% and 33.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,600 | $1,640 |
| Studio Rent | $850 | $1,180 |
| 1 Bed Rent | $950 | $1,020 |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $2,000 | $2,220 |
| 4 Bed Rent | $2,000 | $2,200 |
% of Rental Stock
Property Listings — Lowell, IN
As of Oct '25, Realtor.com reports that the median days on market for a home in Lowell, IN is 40. This is a decrease of -13.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 31.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $370,000 | -3.0% |
Listing Count | 177 | 89.0% |
| Listings as % of Homes | 0.9% | 89.0% |
Days on Market | 40 | -13.0% |
Demographics — Lowell, IN
As of the latest ACS Survey released in 2023, Lowell, IN has a population of 19,400, which has increased by 8.8% over the past 5 years. Lowell, IN is a popular place for families, as children make up 25.7% of the population. The area has a poorly educated workforce, with 20.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 19,400 | 8.8% |
% Under 18 | 25.7% | -0.4% |
% Seniors | 17.3% | 18.5% |
% WFH | 6.9% | 200.0% |
% w/ College Degree | 20.1% | 8.1% |
As of the latest ACS Survey released in 2023, Lowell, IN is a predominantly white area, with 88.4% of the population identifying as white. The white population has shrunk by 4.2% in the last 5 years. The second most common race or ethnicity in Lowell, IN is hispanic, making up 9.4% of the population. Foreign-born residents account for 3.8% of the population in Lowell, IN, and this percentage has increased by 81.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 88.4% | -4.2% |
% Black | 0.1% | 0.0% |
% Hispanic | 9.4% | 44.6% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 3.8% | 81.0% |
Mortgage and Risk — Lowell, IN
According to HUD data as of 2023, there were 520 mortgage originations in Lowell, IN, of which 80.0% of loans were conventional mortgages. The average loan-to-value was 61.0%, with 25.0% above 90% LTV (very high). This implies large mortgage risk in Lowell, IN. Investor activity is low, as 1.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 520 |
% Conventional Loans | 80.0% |
% Government Loans | 20.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Lowell, IN
Lowell, IN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 2 |
Total Units Section 8 | 2 |
% Rentals under Section 8 | 0.1% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $190 | $950 | $1,140 |
| 2 Bedroom | N/A | N/A | $1,390 |
| 3 Bedroom | -$290 | $2,000 | $1,710 |
| 4 Bedroom | -$160 | $2,000 | $1,840 |
Affordability — Lowell, IN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.4 |
| Median Home Price | $327,000 |
| Median Household Income | $87,500 |