Coopersville, MI
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Coopersville Neighborhoods Since 2000




Coopersville, MI Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Coopersville Housing Market Information

With a population of 4,351, 1,671 total housing units (homes and apartments), and a median house value of $139,308, house prices in Coopersville are solidly below the national average.

Single-family detached homes are the single most common housing type in Coopersville, accounting for 60.90% of the city's housing units. Other types of housing that are prevalent in Coopersville include large apartment complexes or high rise apartments ( 16.81%), mobile homes or trailers ( 14.01%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 7.39%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Coopersville. Owner-occupied housing accounts for 72.82% of Coopersville's homes, and 63.70% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Coopersville built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Coopersville built between 2000 and later ( 22.18%). A lesser amount of the housing stock also hails from before 1939 ( 18.99%). There's also some housing in Coopersville built between 1940-1969 ( 16.81%).

Coopersville Home Appreciation Rates

Real estate appreciation rates in Coopersville's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.10% during the period.

Appreciation rates are so strong in Coopersville that despite a nationwide downturn in the housing market, Coopersville real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Coopersville appreciation rates continue to be some of the highest in America, at 8.66%, which is higher than appreciation rates in 89.53% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Coopersville. Coopersville appreciation rates in the latest quarter were at 3.68%, which equates to an annual appreciation rate of 15.57%.

Importantly, this makes Coopersville one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.

Relative to Michigan, our data show that Coopersville's latest annual appreciation rate is higher than 80% of the other cities and towns in Michigan.

Average Home Values

 

Median Home Value:
$139,308

Coopersville, MI HOME PRICES

Value Range
> $1,232,000 0.0
$924,001 - $1,232,000 0.0
$616,001 - $924,000 0.0
$493,001 - $616,000 0.0
$370,001 - $493,000 0.0
$246,001 - $370,000 4.0
$123,001 - $246,000 54.2
$62,001 - $123,000 25.1
$0 - $62,000 16.7

Average for MI
Average for Nation

Value Relative to Nation Value Relative to State
55.0685573655221 42.9487179487179

Number Of Homes And Apartments:
1,671

Coopersville Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
MI*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
16.68% 0.90% 7 2
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$797 / per month

Homeownership Rate

Homeownership
Owners 72.82
Renters 27.18
Vacant 6.39

Housing Market Details

 

Age of Homes

AGE OF Coopersville HOMES
2000 or Newer 22.2
1970 - 1999 42.0
1940 - 1969 16.8
1939 or Older 19.0

Types of Homes

TYPE OF Coopersville HOMES
Single-Family 60.9
Townhomes 0.9
Small Apt. Buildings 7.4
Apt. Complexes 16.8
Mobile Homes 14.0
Other 0.0

Home Size

SIZE OF Coopersville HOMES
No Bedroom 0.00
1 Bedroom 13.95
2 Bedrooms 19.22
3 Bedrooms 48.18
4 Bedrooms 15.52
5 or more bedrooms 3.14

Popular Neighborhoods in Coopersville

Zip Codes in Coopersville, MI