Is Lowell, NC 28098 a buyer’s or seller’s market?
Lowell is a seller’s market. With about 3.5 months of supply and 9% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Lowell housing market right now
In the three months ending August 31, 2026, 9% of homes in Lowell, NC 28098 sold above their list price, the typical home went under contract in 82 days and there were 3.5 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 11 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 6%, homes sold more slowly (43 days then) and the median sale price rose 2% to $279,879. Overall, Lowell is less competitive than a year ago, which gives buyers more room.
Within Gaston County, homes here sell more slowly than in 77% of the county’s ZIP codes, and sell less often over asking than in 69%.
Nearby, buyers who want less competition could look at Mc Adenville 28101 (0% sold over asking) or High Shoals 28077 (0% sold over asking), while Gastonia 28052 (21% sold over asking) and Cramerton 28032 (21% sold over asking) are even more competitive.
Run the numbers for 28098
Nearby markets
Alexis 28006Buyer’s market $250 /sq ftBelmont 28012Seller’s market $240 /sq ftBessemer City 28016Balanced $183 /sq ftCherryville 28021Balanced $170 /sq ft Browse all markets →Towns like Lowell nearby
Find towns like Lowell in other states →Where Lowell is
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Questions about Lowell real estate
Is Lowell a buyer’s or seller’s market?
A seller’s market: there were 3.5 months of supply in Lowell, NC 28098 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Lowell?
The typical home went under contract in 82 days in the latest three months.
Do homes in Lowell sell over asking?
9% of homes sold above their original list price, and the typical sale closed at 96.1% of the list price.
What are property taxes in Lowell?
About 0.75% of a home’s value a year in Gaston County, or roughly $3,000 on a $400,000 home.
What is the median home price in Lowell?
The median sale price was $279,879 in the three months ending August 31, 2026, about $179 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology