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 4,856 people, 1,746 houses or apartments, and a median cost of homes of $375,949, Coopersville real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Coopersville, accounting for 60.84% of the city's housing units. Other types of housing that are prevalent in Coopersville include large apartment complexes or high rise apartments ( 19.92%), mobile homes or trailers ( 13.88%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 4.51%).
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 69.02% of Coopersville's homes, and 63.83% 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 1940-1969 ( 18.40%). A lesser amount of the housing stock also hails from between 2000 and later ( 17.83%). There's also some housing in Coopersville built before 1939 ( 13.37%).
Appreciation rates for homes in Coopersville have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 113.45%, which ranks in the top 30% nationwide. This equates to an annual average Coopersville house appreciation rate of 7.88%.
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 6.04%, which is higher than appreciation rates in 77.23% 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 0.85%, which equates to an annual appreciation rate of 3.46%.
Relative to Michigan, our data show that Coopersville's latest annual appreciation rate is higher than 50% of the other cities and towns in Michigan.
$375,949
for Michigan
for nation
1,746
$1,456 / per month