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 October 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

$311,850

$188/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$11,850(+4.0%)

Key Takeaway

Homes in Fowlerville have sold for 4% more than they did a year ago.

Summary: The median home sold price in Fowlerville was $311,850 in October 2024, up 4% from last year, and the median price per square foot was $188.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $189K$210K
+11.1%
3 $290K$300K
+3.4%
4 $336.1K$341K
+1.5%
5+ $319K$540K
+69.3%

Summary: Fowlerville housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 11.1%, 3 bedroom homes increased by 3.4%, 4 bedroom homes increased by 1.5%, and 5+ bedroom homes increased by 69.3%.

Median Sold Price Compared To Nearby Cities

Handy Township
+7.0%
Fowlerville
+4.0%

Housing Supply in Fowlerville, MI

How many homes are available in Fowlerville, MI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4441-6.8%

Summary: The Fowlerville real estate market had 41 homes for sale in October 2024, a 6.8% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 2423
-4.2%
4 1815
-16.7%
5+ 12
+100.0%

Summary: The Fowlerville housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 4.2%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1415+7.1%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

5 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. 40% of homes here sold below asking price last month.

Summary: A total of 15 homes were sold or pending in Fowlerville in October 2024, up by 7.1% month-over-month. Of the 15 sold homes, 40% were sold under asking, 33% were sold at asking, and 27% 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

Oct 2023Oct 2024CHANGE
37 Days44 Days+18.8%

Summary: Homes in Fowlerville had an average of 44 days on market in Oct 2024, up by 18.8% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

2 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 October 2024, 15 homes were sold in Fowlerville; 60% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 13% 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 16 Days Ago

Newest Listings in Fowlerville, MI

Nearby Markets to Fowlerville, MI

What housing markets are near Fowlerville, MI?