Housing Prices in Fairlane, MI
How much do homes in Fairlane, MI cost?
Median List Price
$319,950
$201/sqft
Based on all homes listed in the last 12 months.
Difference Since April 2023
Summary: The median home list price in Fairlane was $319,950 in April 2024, up 6.7% from the previous year, and the median price per square foot was $201.
Median List Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $289.9K | $297.4K | +2.6% |
3 Bedrooms | $364.9K | $389.9K | +6.8% |
4 Bedrooms | - | $649.4K | N/A |
5+ Bedrooms | - | - | N/A |
Summary: Fairlane housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.6%, 3 bedroom homes increased by 6.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median List Price Compared To Nearby Neighborhoods
Ford Woods | $209.9K | $237.4K | +13.1% |
Warrendale | $59.9K | $67K | +11.9% |
Fairlane | $299.9K | $319.9K | +6.7% |
Housing Supply in Fairlane, MI
How many homes are available in Fairlane, MI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 1 | -50.0% |
Summary: The Fairlane real estate market had 1 homes for sale in April 2024, a 50.0% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 1 | 0 | -100.0% |
4 Bedrooms | 0 | 0 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Fairlane housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Days on Market for Fairlane, MI
How long does it take to sell a home in Fairlane, MI?
Average Listing Age
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
81 Days | 53 Days | -34.6% |
Summary: Homes in Fairlane had an average listing age of 53 days in Apr 2024, down by 34.6% compared to the previous year.