Is Lowell, MI 49331 a buyer’s or seller’s market?

The Lowell housing market right now

In the three months ending August 31, 2026, 40% of homes in Lowell, MI 49331 sold above their list price, the typical home went under contract in 8 days and there were 1.3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 70 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 31%, homes sold faster (14 days then) and the median sale price rose 8% to $438,060. Overall, Lowell is more competitive than a year ago, so tougher for buyers.

Within Kent County, homes here sell more slowly than in 73% of the county’s ZIP codes, and sell less often over asking than in 62%. On our competition score, Lowell ranks #48 of 510 MI ZIP codes with enough sales (score 85 out of 100).

Nearby, buyers who want less competition could look at Sand Lake 49343 (22% sold over asking) or Caledonia 49316 (28% sold over asking), while Wyoming 49509 (63% sold over asking) and Grand Rapids 49507 (59% sold over asking) are even more competitive.