Why Live in Lowell
Lowell, Indiana, is a rural town in Lake County, approximately an hour south of Chicago, known for its small-town atmosphere and strong community involvement. Residents often commute to larger cities or work locally at places like Aunt Millie's Bakery and the Strack & Van Til grocery chain. The town's main thoroughfare, Commercial Avenue, features a variety of local dining and retail options, including the popular Mi Ranchito Mexican restaurant and Old Dog Coffee. Freedom Park, the largest green space, offers pickleball courts and a dog park, while the newly renovated Nassau Park will include a splash pad and amphitheater. Harvest Tyme Family Farm provides seasonal activities such as corn mazes and hayrides. The annual Labor Day Festival, a significant event in Lowell, features live music, food vendors, and a car show. The Tri-Creek School Corporation serves the educational needs of the community with a high rating. Lowell is safer than the national average, with low crime rates reported over the past two years. Housing in Lowell includes ranch-style and bi-level homes, with new construction ongoing in Cedar Creek Township. The town is car-dependent, located 7 miles west of Interstate 65, and is 40 miles from Gary/Chicago International Airport.
Home Trends in Lowell, IN
On average, homes in Lowell, IN sell after 97 days on the market compared to the national average of 70 days. The median sale price for homes in Lowell, IN over the last 12 months is $339,990, down 8% from the median home sale price over the previous 12 months.
Median Sale Price
$339,990
Median Single Family Sale Price
$385,000
Median Townhouse Sale Price
$264,990
Average Price Per Sq Ft
$183
Number of Homes for Sale
48
Last 12 months Home Sales
287
Median List Price
$369,945
Median Change From 1st List Price
5%
Median Home Sale Price YoY Change
-8%