Is Fowlerville, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 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
$306,500
$182/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Fowlerville have sold for 11.5% more than they did a year ago.
Summary: The median home sold price in Fowlerville was $306,500 in March 2024, up 11.5% from last year, and the median price per square foot was $182.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $180K | - | N/A |
| 2 Bedrooms | $182.5K | $221K | +21.1% |
| 3 Bedrooms | $261K | $297K | +13.8% |
| 4 Bedrooms | $319.9K | $330K | +3.2% |
| 5+ Bedrooms | $285K | $324.9K | +14.0% |
Summary: Fowlerville housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 21.1%, 3 bedroom homes increased by 13.8%, 4 bedroom homes increased by 3.2%, and 5+ bedroom homes increased by 14%.
Median Sold Price Compared To Nearby Cities
| Fowlerville | $275K | $306.5K | +11.5% |
| Handy Township | $275K | $299.9K | +9.1% |
Housing Supply in Fowlerville, MI
How many homes are available in Fowlerville, MI?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 46 | 35 | -23.9% |
Summary: The Fowlerville real estate market had 35 homes for sale in March 2024, a 23.9% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 0 | -100.0% |
| 3 Bedrooms | 28 | 20 | -28.6% |
| 4 Bedrooms | 14 | 15 | +7.1% |
| 5+ Bedrooms | 2 | 0 | -100.0% |
Summary: The Fowlerville housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes decreased by 28.6%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 23 | 13 | -43.5% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Fowlerville, you could pay more than the asking price. 61.5% of homes here sold above asking price last month.
Summary: A total of 13 homes were sold or pending in Fowlerville in March 2024, down by 43.5% month-over-month. Of the 13 sold homes, 15% were sold under asking, 23% were sold at asking, and 62% 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
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 86 Days | 29 Days | -66.5% |
Summary: Homes in Fowlerville had an average of 29 days on market in Mar 2024, down by 66.5% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Fowlerville are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 13 homes were sold in Fowlerville; 85% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.
Listing information is provided in part by the IDX Program of the MLS of the Greater Lansing Association of REALTORS®. IDX information is provided exclusively for Consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.