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 4,843 people, 1,712 houses or apartments, and a median cost of homes of $205,908, 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 59.88% of the city's housing units. Other types of housing that are prevalent in Coopersville include large apartment complexes or high rise apartments ( 19.30%), mobile homes or trailers ( 15.73%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 4.64%).
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 72.98% of Coopersville's homes, and 63.78% 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 ( 26.60%). A lesser amount of the housing stock also hails from between 1940-1969 ( 16.13%). There's also some housing in Coopersville built before 1939 ( 13.19%).
In the last 10 years, Coopersville has experienced some of the highest home appreciation rates of any community in the nation. Coopersville real estate appreciated 119.72% over the last ten years, which is an average annual home appreciation rate of 8.19%, putting Coopersville in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Coopersville definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
Over the last year, Coopersville appreciation rates have trailed the rest of the nation. In the last twelve months, Coopersville's appreciation rate has been 3.63%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Coopersville were at 3.40%, which equates to an annual appreciation rate of 14.32%.
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 lower than 80% of the other cities and towns in Michigan.
$205,908
for Michigan
for nation
1,712
$1,550 / per month