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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Fowlerville is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Fowlerville, MI

How much do homes in Fowlerville, MI cost?

Median Sold Price

$312,700

$170/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$2,700(+0.9%)

Key Takeaway

Homes in Fowlerville have sold for 0.9% more than they did a year ago.

Summary: The median home sold price in Fowlerville was $312,700 in November 2024, up 0.9% from last year, and the median price per square foot was $170.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $63K-
N/A
2 $205K$205K
0.0%
3 $294.9K$300K
+1.7%
4 $332.4K$341K
+2.6%
5+ $405.4K$540K
+33.2%

Summary: Fowlerville 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 did not change, 3 bedroom homes increased by 1.7%, 4 bedroom homes increased by 2.6%, and 5+ bedroom homes increased by 33.2%.

Median Sold Price Compared To Nearby Cities

Handy Township
+1.7%
Fowlerville
+0.9%

Housing Supply in Fowlerville, MI

How many homes are available in Fowlerville, MI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4237-11.9%

Summary: The Fowlerville real estate market had 37 homes for sale in November 2024, a 11.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 2322
-4.3%
4 1613
-18.8%
5+ 20
-100.0%

Summary: The Fowlerville 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 increased by 100%, 3 bedroom homes decreased by 4.3%, 4 bedroom homes decreased by 18.8%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1611-31.3%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Fowlerville, you may be able to get a good deal. 45.5% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in Fowlerville in November 2024, down by 31.3% month-over-month. Of the 11 sold homes, 45% were sold under asking, 18% were sold at asking, and 36% were sold over asking.

Days on Market for Fowlerville, MI

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

Average Sale Time

Nov 2023Nov 2024CHANGE
49 Days24 Days-50.3%

Summary: Homes in Fowlerville had an average of 24 days on market in Nov 2024, down by 50.3% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Fowlerville are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 11 homes were sold in Fowlerville; 73% of homes were sold within 30 days, 27% 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

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