Is Fraser, MI a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing Fraser is a seller's market


Difference Since February 2023

Since last year, Fraser has remained a Seller's Market.

Key Takeaway

Fraser is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Fraser, MI

How much do homes in Fraser, MI cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since February 2023


Key Takeaway

Homes in Fraser have sold for 2.1% more than they did a year ago.

Summary: The median home sold price in Fraser was $221,500 in February 2024, up 2.1% from last year, and the median price per square foot was $168.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $59.5K$67K
2 $126K$133.5K
3 $222.5K$235K
4 $309.9K$270K
5+ $230K-

Summary: Fraser housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.6%, 2 bedroom homes increased by 6%, 3 bedroom homes increased by 5.6%, 4 bedroom homes decreased by 12.9%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Clinton Charter Township
Clinton Township

Housing Supply in Fraser, MI

How many homes are available in Fraser, MI?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE

Summary: The Fraser real estate market had 35 homes for sale in February 2024, a 2.9% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 12
2 98
3 1918
4 56
5+ 01

Summary: The Fraser housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 11.1%, 3 bedroom homes decreased by 5.3%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Fraser, you may be able to get a good deal. 37.5% of homes here sold below asking price last month.

Summary: A total of 16 homes were sold or pending in Fraser in February 2024, up by 60.0% month-over-month. Of the 16 sold homes, 38% were sold under asking, 25% were sold at asking, and 38% were sold over asking.

Days on Market for Fraser, MI

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

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During February 2024, 16 homes were sold in Fraser; 75% of homes were sold within 30 days, 25% 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 Fraser, MI

Nearby Markets to Fraser, MI

What housing markets are near Fraser, MI?