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 2,893 people, 1,245 houses or apartments, and a median cost of homes of $138,907, house prices in Fowlerville are solidly below the national average.
Single-family detached homes are the single most common housing type in Fowlerville, accounting for 58.08% of the village's housing units. Other types of housing that are prevalent in Fowlerville include mobile homes or trailers ( 16.47%), large apartment complexes or high rise apartments ( 13.17%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 7.26%).
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 66.62% of Fowlerville's homes, and 58.68% 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 before 1939 ( 30.61%). A lesser amount of the housing stock also hails from between 1940-1969 ( 16.54%). There's also some housing in Fowlerville built between 2000 and later ( 9.43%).
In the last 10 years, Fowlerville has experienced some of the highest home appreciation rates of any community in the nation. Fowlerville real estate appreciated 66.33% over the last ten years, which is an average annual home appreciation rate of 5.22%, putting Fowlerville in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Fowlerville definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
NeighborhoodScout's data show that during the latest twelve months, Fowlerville's appreciation rate, at 5.51%, has been at or slightly above the national average. In the latest quarter, Fowlerville's appreciation rate has been 2.47%, which annualizes to a rate of 10.27%.
Relative to Michigan, our data show that Fowlerville's latest annual appreciation rate is lower than 80% 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.
Low for Nation
Low for MI