Is Fremont Township, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Fremont Township is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Fremont Township was a Seller's Market.

Key Takeaway

Fremont Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Fremont Township, MI

How much do homes in Fremont Township, MI cost?

Median Sold Price

$220,000

$138/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$10,000(+4.8%)

Key Takeaway

Homes in Fremont Township have sold for 4.8% more than they did a year ago.

Summary: The median home sold price in Fremont Township was $220,000 in November 2024, up 4.8% from last year, and the median price per square foot was $138.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $99.9K$102.4K
+2.6%
2 $160K$184K
+15.0%
3 $193K$215.7K
+11.8%
4 $275K$298.7K
+8.6%
5+ $295K$185K
-37.3%

Summary: Fremont Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.6%, 2 bedroom homes increased by 15%, 3 bedroom homes increased by 11.8%, 4 bedroom homes increased by 8.6%, and 5+ bedroom homes decreased by 37.3%.

Median Sold Price Compared To Nearby Cities

Dayton Township
+100.0%
Fremont Township
+4.8%

Housing Supply in Fremont Township, MI

How many homes are available in Fremont Township, MI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5853-8.6%

Summary: The Fremont Township real estate market had 53 homes for sale in November 2024, a 8.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 10
-100.0%
2 1112
+9.1%
3 2622
-15.4%
4 1413
-7.1%
5+ 66
0.0%

Summary: The Fremont Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 9.1%, 3 bedroom homes decreased by 15.4%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
144-71.4%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Fremont Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Fremont Township in November 2024, down by 71.4% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.

Days on Market for Fremont Township, MI

How long does it take to sell a home in Fremont Township, MI?

Average Sale Time

Nov 2023Nov 2024CHANGE
40 Days40 Days-1.3%

Summary: Homes in Fremont Township had an average of 40 days on market in Nov 2024, down by 1.3% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Fremont Township has remained consistent over time.

Summary: During November 2024, 4 homes were sold in Fremont Township; 25% of homes were sold within 30 days, 75% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 2 Days Ago

Newest Listings in Fremont Township, MI

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