In September 2020, there were four homes sold, with a median sale price of $144,250 - a 17.6% decrease over the $175,000 median sale price for the same period of the previous year. There were five homes sold in Lowell in September 2019.
The median sales tax in Lowell for the most recent year with available data, 2019, was $1,488, approximately 1% of the median home sale price for September 2020.
The following table compares Lowell to other Gaston County cities with similar median sales prices in September 2020:
| City | Sept. 2020 Home Sales | Sept. 2019 Home Sales | % change (Total Home Sales) | Sept. 2020 Median Sales Price | Sept. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Vinton Woods | 1 | 1 | 0% | $190,000 | $205,000 | -7.3% |
| West Cramerton | 1 | 0 | - | $188,000 | $0 | - |
| Stanley | 26 | 13 | 100% | $186,250 | $220,000 | -15.3% |
| Gastonia | 164 | 121 | 35.5% | $169,000 | $160,000 | 5.6% |
| Fallcrest | 1 | 0 | - | $150,000 | $0 | - |
| Lowell | 4 | 5 | -20% | $144,250 | $175,000 | -17.6% |
| Kings Mountain | 2 | 3 | -33.3% | $132,250 | $180,000 | -26.5% |
| Cherryville | 15 | 14 | 7.1% | $110,000 | $104,000 | 5.8% |
| Brown Town | 1 | 0 | - | $99,000 | $0 | - |
| Bessemer City | 16 | 15 | 6.7% | $94,000 | $92,000 | 2.2% |
| North Belmont | 1 | 0 | - | $89,000 | $0 | - |
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