Lowell, NC housing market
The typical Lowell home is worth about $272,000, about the same as a year ago, 19% below the North Carolina typical home. Homes typically sell in 39 days, close to asking.
Home values, sales, trends and how Lowell compares with the towns next door — updated as new data is published.
Lowell at a glance
A seller's market
Supply is tight — about 3.4 months of homes for sale at the current pace. Buyers should expect competition on well-priced homes.
Typical home value, 2016–2026
Show as a table
| January | Lowell | North Carolina |
|---|---|---|
| 2017 | $125,000 | $179,000 |
| 2018 | $138,000 | $190,000 |
| 2019 | $153,000 | $203,000 |
| 2020 | $166,000 | $215,000 |
| 2021 | $191,000 | $242,000 |
| 2022 | $230,000 | $287,000 |
| 2023 | $261,000 | $320,000 |
| 2024 | $265,000 | $332,000 |
| 2025 | $273,000 | $338,000 |
| 2026 | $274,000 | $336,000 |
| August 2026 | $272,000 | $335,000 |
Lowell and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2023 | Median income |
|---|---|---|---|---|---|
| Lowell | $272K | −0.5% | $1,420 | — | $52,500 |
| Gastonia | $275K | −0.4% | $1,320 | 0 | $64,059 |
| McAdenville | $478K | +3.3% | $1,390 | — | $112,083 |
| Ranlo | $263K | −0.2% | $1,490 | — | $78,033 |
5.2 years of income
The typical Lowell home costs about 5.2 years of the town's median household income, more than across North Carolina (4.6 years).
How Lowell ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,420
HUD's Fair Market Rent for a two-bedroom in Lowell is $1,420 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Lowell pay a median of $1,188, so moving in tends to cost more than staying put. A two-bedroom takes about 32% of the town's median household income, above the 30% guideline for affordable housing.
Studio $1,240 · 4 bedrooms $2,210
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (28054, 28056, 28098; Charlotte-Concord-Gastonia, NC-SC HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.