Is Fowler, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Fowler is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Fowler has remained a Seller's Market.

Key Takeaway

Fowler is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Fowler, MI

How much do homes in Fowler, MI cost?

Median Sold Price

$245,000

$164/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$78,000(+46.7%)

Key Takeaway

Homes in Fowler have sold for 46.7% more than they did a year ago.

Summary: The median home sold price in Fowler was $245,000 in November 2024, up 46.7% from last year, and the median price per square foot was $164.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $98K$308.1K
+214.4%
3 $166.5K$255K
+53.2%
4 $210.7K$219K
+3.9%
5+ -$595.5K
N/A

Summary: Fowler housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 214.4%, 3 bedroom homes increased by 53.2%, 4 bedroom homes increased by 3.9%, and 5+ bedroom homes did not change.

Housing Supply in Fowler, MI

How many homes are available in Fowler, MI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
54-20.0%

Summary: The Fowler real estate market had 4 homes for sale in November 2024, a 20.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 00
0.0%
4 32
-33.3%
5+ 11
0.0%

Summary: The Fowler housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Fowler, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Fowler in November 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Fowler, MI

How long does it take to sell a home in Fowler, MI?

Average Sale Time

Nov 2023Nov 2024CHANGE
6 Days41 Days+583.3%

Summary: Homes in Fowler had an average of 41 days on market in Nov 2024, up by 583.3% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Fowler has remained consistent over time.

Summary: During November 2024, 1 homes were sold in Fowler; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in Fowler, MI

Nearby Markets to Fowler, MI