Is Fairview, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Fairview has remained a Seller's Market.
Housing Prices in Fairview, MI
How much do homes in Fairview, MI cost?
Median Sold Price
$155,000
$134/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Fairview was $155,000 in May 2024, up 13.2% from last year, and the median price per square foot was $134.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $133K | N/A |
2 Bedrooms | $172.5K | $143.2K | -17.0% |
3 Bedrooms | $139.9K | $210K | +50.1% |
4 Bedrooms | $110K | $221K | +100.9% |
5+ Bedrooms | - | - | N/A |
Summary: Fairview housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 17%, 3 bedroom homes increased by 50.1%, 4 bedroom homes increased by 100.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Fairview | $136.9K | $155K | +13.2% |
Comins Township | $136.9K | $155K | +13.2% |
Clinton Township | $242.5K | $220K | -9.3% |
Mio | $110K | $97.5K | -11.4% |
Housing Supply in Fairview, MI
How many homes are available in Fairview, MI?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
8 | 9 | +12.5% |
Summary: The Fairview real estate market had 9 homes for sale in May 2024, a 12.5% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 2 | +100.0% |
3 Bedrooms | 4 | 4 | 0.0% |
4 Bedrooms | 2 | 2 | 0.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Fairview housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
1 | 2 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Fairview in May 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Fairview, MI
We’re sorry, we don't have information for this market at the moment