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 2,937 people, 1,274 houses or apartments, and a median cost of homes of $234,796, 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 60.90% of the village's housing units. Other types of housing that are prevalent in Fowlerville include large apartment complexes or high rise apartments ( 14.67%), mobile homes or trailers ( 13.13%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 8.00%).
Dwellings in Fowlerville tend to be quite small (one, two, or no bedrooms) and owner occupied. In fact, 52.31% of the homes in Fowlerville have two or fewer bedrooms.
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 1940-1969 ( 27.81%). A lesser amount of the housing stock also hails from before 1939 ( 20.69%). There's also some housing in Fowlerville built between 2000 and later ( 10.27%).
Real estate appreciation rates in Fowlerville's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 6.03% during the period.
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 4.71%, 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 -0.26%, which equates to an annual appreciation rate of -1.02%.
Relative to Michigan, our data show that Fowlerville's latest annual appreciation rate is lower than 90% 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.
$234,796
for Michigan
for nation
1,274
$1,309 / per month