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 neutral's market

Buyer's
Market

Difference Since December 2023

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

Key Takeaway

Fremont 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 Fremont Township, MI

How much do homes in Fremont Township, MI cost?

Median Sold Price

$220,500

$136/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$10,500(+5.0%)

Key Takeaway

Homes in Fremont Township have sold for 5% more than they did a year ago.

Summary: The median home sold price in Fremont Township was $220,500 in December 2024, up 5% from last year, and the median price per square foot was $136.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $99.9K$102.4K
+2.6%
2 $160K$180K
+12.5%
3 $206.5K$215.5K
+4.4%
4 $258K$299.5K
+16.1%
5+ $237K$249K
+5.1%

Summary: Fremont Township housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.6%, 2 bedroom homes increased by 12.5%, 3 bedroom homes increased by 4.4%, 4 bedroom homes increased by 16.1%, and 5+ bedroom homes increased by 5.1%.

Median Sold Price Compared To Nearby Cities

Fremont Township
+5.0%
Indianfields Township
+4.7%

Housing Supply in Fremont Township, MI

How many homes are available in Fremont Township, MI?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
5249-5.8%

Summary: The Fremont Township real estate market had 49 homes for sale in December 2024, a 5.8% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 1212
0.0%
3 2020
0.0%
4 1514
-6.7%
5+ 53
-40.0%

Summary: The Fremont Township housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 6.7%, and 5+ bedroom homes decreased by 40%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
880.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were 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. 75% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Fremont Township in December 2024, the same as the previous month. Of the 8 sold homes, 75% were sold under asking, 0% 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

Dec 2023Dec 2024CHANGE
45 Days16 Days-63.5%

Summary: Homes in Fremont Township had an average of 16 days on market in Dec 2024, down by 63.5% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Fremont Township are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 8 homes were sold in Fremont Township; 88% of homes were sold within 30 days, 13% 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 4 Days Ago

Newest Listings in Fremont Township, MI

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