$12,500
0.48 Acres
Land
Scott Myers, Listing Office: RE/MAX Platinum - Grand Blanc
Is Fenton Charter Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Fenton Charter Township was a Seller's Market.
Key Takeaway
Fenton Charter Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Fenton Charter Township, MI
How much do homes in Fenton Charter Township, MI cost?
Median Sold Price
$347,987
$169/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$19,376(+5.9%)
Key Takeaway
Homes in Fenton Charter Township have sold for 5.9% more than they did a year ago.
Summary: The median home sold price in Fenton Charter Township was $347,987 in November 2024, up 5.9% from last year, and the median price per square foot was $169.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $325K | $170K | -47.7% |
| 2 Bedrooms | $232.2K | $230K | -1.0% |
| 3 Bedrooms | $315.6K | $335K | +6.1% |
| 4 Bedrooms | $417.4K | $409K | -2.0% |
| 5+ Bedrooms | $653K | $562.5K | -13.9% |
Summary: Fenton Charter Township 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 decreased by 1%, 3 bedroom homes increased by 6.1%, 4 bedroom homes decreased by 2%, and 5+ bedroom homes decreased by 13.9%.
Median Sold Price Compared To Nearby Cities
| Fenton | $323K | $342.8K | +6.1% |
| Fenton Charter Township | $328.6K | $347.9K | +5.9% |
| Fenton | $324.3K | $341.3K | +5.2% |
| Linden | $329K | $340K | +3.3% |
| Holly Township | $287.5K | $290K | +0.9% |
Housing Supply in Fenton Charter Township, MI
How many homes are available in Fenton Charter Township, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 175 | 175 | 0.0% |
Summary: The Fenton Charter Township real estate market had 175 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 21 | 27 | +28.6% |
| 3 Bedrooms | 86 | 84 | -2.3% |
| 4 Bedrooms | 57 | 52 | -8.8% |
| 5+ Bedrooms | 11 | 12 | +9.1% |
Summary: The Fenton Charter Township 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 28.6%, 3 bedroom homes decreased by 2.3%, 4 bedroom homes decreased by 8.8%, and 5+ bedroom homes increased by 9.1%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 44 | 29 | -34.1% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Fenton Charter Township, you may be able to get a good deal. 48.3% of homes here sold below asking price last month.
Summary: A total of 29 homes were sold or pending in Fenton Charter Township in November 2024, down by 34.1% month-over-month. Of the 29 sold homes, 48% were sold under asking, 14% were sold at asking, and 38% were sold over asking.
Days on Market for Fenton Charter Township, MI
How long does it take to sell a home in Fenton Charter Township, MI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 46 Days | 39 Days | -15.0% |
Summary: Homes in Fenton Charter Township had an average of 39 days on market in Nov 2024, down by 15% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Fenton Charter Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 29 homes were sold in Fenton Charter Township; 66% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 21% 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.