$2,078 Closing Credit*
$175,000
1,079 SqFt
2 Beds
•2 Full Baths
Cyndi R Perez, Listing Office: BettyWalkerRealty.com
Is Fenton, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Fenton has remained a Seller's Market.
Key Takeaway
Fenton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Fenton, MI
How much do homes in Fenton, MI cost?
Median Sold Price
$342,816
$170/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$19,721(+6.1%)
Key Takeaway
Homes in Fenton have sold for 6.1% more than they did a year ago.
Summary: The median home sold price in Fenton was $342,816 in November 2024, up 6.1% from last year, and the median price per square foot was $170.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $325K | $170K | -47.7% |
| 2 Bedrooms | $226.2K | $230K | +1.7% |
| 3 Bedrooms | $305K | $335K | +9.8% |
| 4 Bedrooms | $425K | $412K | -3.1% |
| 5+ Bedrooms | $596.5K | $542K | -9.1% |
Summary: Fenton housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 47.7%, 2 bedroom homes increased by 1.7%, 3 bedroom homes increased by 9.8%, 4 bedroom homes decreased by 3.1%, and 5+ bedroom homes decreased by 9.1%.
Median Sold Price Compared To Nearby Cities
| Tyrone Township | $370K | $416.6K | +12.6% |
| Fenton | $323K | $342.8K | +6.1% |
| Fenton Charter Township | $328.6K | $347.9K | +5.9% |
| Fenton | $324.3K | $341.3K | +5.2% |
| Holly Township | $287.5K | $290K | +0.9% |
Housing Supply in Fenton, MI
How many homes are available in Fenton, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 138 | 130 | -5.8% |
Summary: The Fenton real estate market had 130 homes for sale in November 2024, a 5.8% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 17 | 21 | +23.5% |
| 3 Bedrooms | 67 | 63 | -6.0% |
| 4 Bedrooms | 44 | 35 | -20.5% |
| 5+ Bedrooms | 10 | 11 | +10.0% |
Summary: The Fenton housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 23.5%, 3 bedroom homes decreased by 6%, 4 bedroom homes decreased by 20.5%, and 5+ bedroom homes increased by 10%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 41 | 22 | -46.3% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Fenton, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 22 homes were sold or pending in Fenton in November 2024, down by 46.3% month-over-month. Of the 22 sold homes, 50% were sold under asking, 9% were sold at asking, and 41% were sold over asking.
Days on Market for Fenton, MI
How long does it take to sell a home in Fenton, MI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 56 Days | 31 Days | -43.2% |
Summary: Homes in Fenton had an average of 31 days on market in Nov 2024, down by 43.2% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Fenton are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 22 homes were sold in Fenton; 68% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. 
Disclaimer: Information deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of MichRIC, LLC. Real estate listings held by brokerage firms other than this broker are marked with the BR logo and detailed information includes the name of the listing broker. Copyright 2024 Grand Rapids Association of REALTORS® / Copyright © MichRIC, LLC. / MLS Exchange Inc. All rights reserved.