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

Housing Market Conditions



Gauge showing Fowlerville is a seller's market


Difference Since May 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



Based on all homes sold in the last 12 months.

Difference Since May 2023


Key Takeaway

Homes in Fowlerville have sold for 12.9% more than they did a year ago.

Summary: The median home sold price in Fowlerville was $316,000 in May 2024, up 12.9% from last year, and the median price per square foot was $186.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
2 $180K$221K
3 $268.2K$302.5K
4 $319.9K$336.1K
5+ $450K$324.9K

Summary: Fowlerville housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 22.8%, 3 bedroom homes increased by 12.8%, 4 bedroom homes increased by 5.1%, and 5+ bedroom homes decreased by 27.8%.

Median Sold Price Compared To Nearby Cities

Handy Township

Housing Supply in Fowlerville, MI

How many homes are available in Fowlerville, MI?

Number of Homes For Sale

Apr 2024May 2024CHANGE

Summary: The Fowlerville real estate market had 63 homes for sale in May 2024, a 28.6% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
2 13
3 2434
4 2325
5+ 11

Summary: The Fowlerville housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 200%, 3 bedroom homes increased by 41.7%, 4 bedroom homes increased by 8.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

13 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Fowlerville, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 26 homes were sold or pending in Fowlerville in May 2024, up by 136.4% month-over-month. Of the 26 sold homes, 23% were sold under asking, 27% were sold at asking, and 50% 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

May 2023May 2024CHANGE
32 Days18 Days-43.2%

Summary: Homes in Fowlerville had an average of 18 days on market in May 2024, down by 43.2% compared to last year.

Breakdown of Home Sale Times

22 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was 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 May 2024, 26 homes were sold in Fowlerville; 85% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 4% 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 13 Days Ago

Newest Listings in Fowlerville, MI

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