$2,671 Closing Credit*
$224,900
1,108 SqFt
2 Beds
•1 Full Bath
#50163257, Christopher Waring, Listing Office: Berkshire Hathaway HomeServices Kee Realty NB
Is Fraser Township, 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, Fraser Township has remained a Seller's Market.
Key Takeaway
Fraser Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Fraser Township, MI
How much do homes in Fraser Township, MI cost?
Median Sold Price
$212,000
$133/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$5,500(-2.5%)
Key Takeaway
Homes in Fraser Township have sold for 2.5% less than they did a year ago.
Summary: The median home sold price in Fraser Township was $212,000 in November 2024, down 2.5% from last year, and the median price per square foot was $133.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $67K | $110.7K | +65.3% |
| 2 Bedrooms | $112K | $144.5K | +29.0% |
| 3 Bedrooms | $230K | $225K | -2.2% |
| 4 Bedrooms | $276K | $288K | +4.3% |
| 5+ Bedrooms | - | $252.5K | N/A |
Summary: Fraser Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 65.3%, 2 bedroom homes increased by 29%, 3 bedroom homes decreased by 2.2%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Pinconning Township | $154K | $153K | -0.6% |
| Fraser Township | $217.5K | $212K | -2.5% |
Housing Supply in Fraser Township, MI
How many homes are available in Fraser Township, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 59 | 63 | +6.8% |
Summary: The Fraser Township real estate market had 63 homes for sale in November 2024, a 6.8% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 1 | -75.0% |
| 2 Bedrooms | 17 | 16 | -5.9% |
| 3 Bedrooms | 27 | 37 | +37.0% |
| 4 Bedrooms | 11 | 9 | -18.2% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Fraser Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 75%, 2 bedroom homes decreased by 5.9%, 3 bedroom homes increased by 37%, 4 bedroom homes decreased by 18.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 15 | 14 | -6.7% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Fraser Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in Fraser Township in November 2024, down by 6.7% month-over-month. Of the 14 sold homes, 50% were sold under asking, 21% were sold at asking, and 29% were sold over asking.
Days on Market for Fraser Township, MI
How long does it take to sell a home in Fraser Township, MI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 29 Days | 28 Days | -2.7% |
Summary: Homes in Fraser Township had an average of 28 days on market in Nov 2024, down by 2.7% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Fraser Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 14 homes were sold in Fraser Township; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% 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.