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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With a population of 2,893, 1,146 total housing units (homes and apartments), and a median house value of $178,467, Fowlerville real estate and house prices are near the national average for all cities and towns.
Single-family detached homes are the single most common housing type in Fowlerville, accounting for 86.70% of the village's housing units. Other types of housing that are prevalent in Fowlerville include mobile homes or trailers ( 6.18%), large apartment complexes or high rise apartments ( 2.99%), and a few row houses and other attached homes ( 2.36%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Fowlerville. Owner-occupied housing accounts for 86.18% of Fowlerville's homes, and 78.65% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Fowlerville 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 Fowlerville built between 2000 and later ( 24.52%). A lesser amount of the housing stock also hails from before 1939 ( 14.72%). There's also some housing in Fowlerville built between 1940-1969 ( 11.53%).
Appreciation rates for homes in Fowlerville have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 46.15%, which ranks in the top 30% nationwide. This equates to an annual average Fowlerville house appreciation rate of 3.87%.
Over the last year, Fowlerville appreciation rates have trailed the rest of the nation. In the last twelve months, Fowlerville's appreciation rate has been 3.28%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Fowlerville were at 1.97%, which equates to an annual appreciation rate of 8.11%.
Importantly, this makes Fowlerville one of the highest appreciating communities in the nation for the latest quarter, and may signal the village's near-future real estate investment strength.
Relative to Michigan, our data show that Fowlerville's latest annual appreciation rate is lower than 70% of the other cities and towns in Michigan.
One very important thing to keep in mind is that these are average appreciation rates for the village. Individual neighborhoods within Fowlerville differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Fowlerville - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Fowlerville real estate investment or home purchase decisions.
Average for Nation
High for MI