$3,266 Closing Credit*
$275,000
1,407 SqFt
3 Beds
•2 Full Baths
Faune Benson-Schuitema, Listing Office: Five Star Real Estate-Rockford
Is Fremont 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, 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
$223,000
$139/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$10,000(+4.7%)
Key Takeaway
Homes in Fremont Township have sold for 4.7% more than they did a year ago.
Summary: The median home sold price in Fremont Township was $223,000 in November 2024, up 4.7% from last year, and the median price per square foot was $139.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $102.4K | N/A |
| 2 Bedrooms | $167.5K | $184K | +9.9% |
| 3 Bedrooms | $200K | $223K | +11.5% |
| 4 Bedrooms | $277.4K | $299.5K | +7.9% |
| 5+ Bedrooms | $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 did not change, 2 bedroom homes increased by 9.9%, 3 bedroom homes increased by 11.5%, 4 bedroom homes increased by 7.9%, and 5+ bedroom homes decreased by 37.3%.
Median Sold Price Compared To Nearby Cities
| Deerfield Township | $210.5K | $267.5K | +27.1% |
| Lincoln Township | $171K | $195K | +14.0% |
| Richland Township | $308.2K | $338.7K | +9.9% |
| Fremont Township | $213K | $223K | +4.7% |
Housing Supply in Fremont Township, MI
How many homes are available in Fremont Township, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 54 | 50 | -7.4% |
Summary: The Fremont Township real estate market had 50 homes for sale in November 2024, a 7.4% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 12 | 12 | 0.0% |
| 3 Bedrooms | 23 | 21 | -8.7% |
| 4 Bedrooms | 12 | 11 | -8.3% |
| 5+ Bedrooms | 5 | 5 | 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 50%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 8.7%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 13 | 5 | -61.5% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Fremont Township, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Fremont Township in November 2024, down by 61.5% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% 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 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 45 Days | 104 Days | +130.7% |
Summary: Homes in Fremont Township had an average of 104 days on market in Nov 2024, up by 130.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Fremont Township has remained consistent over time.
Summary: During November 2024, 5 homes were sold in Fremont Township; 20% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
