Is Fowlerville, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Fowlerville has remained a Seller's Market.
Housing Prices in Fowlerville, MI
How much do homes in Fowlerville, MI cost?
Median Sold Price
$317,500
$185/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Fowlerville was $317,500 in June 2024, up 13.4% from last year, and the median price per square foot was $185.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $180K | $221K | +22.8% |
3 Bedrooms | $268.2K | $300K | +11.9% |
4 Bedrooms | $320.9K | $336.1K | +4.8% |
5+ Bedrooms | $388.4K | $324.9K | -16.4% |
Summary: Fowlerville housing prices by bedroom type for June 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 11.9%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes decreased by 16.4%.
Median Sold Price Compared To Nearby Cities
Fowlerville | $280K | $317.5K | +13.4% |
Handy Township | $277.5K | $310K | +11.7% |
Housing Supply in Fowlerville, MI
How many homes are available in Fowlerville, MI?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
64 | 52 | -18.8% |
Summary: The Fowlerville real estate market had 52 homes for sale in June 2024, a 18.8% decrease compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 2 | -33.3% |
3 Bedrooms | 36 | 26 | -27.8% |
4 Bedrooms | 24 | 22 | -8.3% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Fowlerville housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes decreased by 27.8%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
28 | 14 | -50.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 14 homes were sold or pending in Fowlerville in June 2024, down by 50.0% month-over-month. Of the 14 sold homes, 29% were sold under asking, 43% were sold at asking, and 29% 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
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
9 Days | 15 Days | +67.7% |
Summary: Homes in Fowlerville had an average of 15 days on market in Jun 2024, up by 67.7% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During June 2024, 14 homes were sold in Fowlerville; 86% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.