Is Fremont Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Fremont Township has remained a Seller's Market.
Housing Prices in Fremont Township, MI
How much do homes in Fremont Township, MI cost?
Median Sold Price
$225,061
$150/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Fremont Township was $225,061 in June 2024, up 17.8% from last year, and the median price per square foot was $150.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $108K | $144K | +33.3% |
2 Bedrooms | $150K | $177.5K | +18.3% |
3 Bedrooms | $182K | $224.5K | +23.4% |
4 Bedrooms | $268.5K | $299.9K | +11.7% |
5+ Bedrooms | $382K | $203.5K | -46.7% |
Summary: Fremont Township housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 18.3%, 3 bedroom homes increased by 23.4%, 4 bedroom homes increased by 11.7%, and 5+ bedroom homes decreased by 46.7%.
Median Sold Price Compared To Nearby Cities
Swan Creek Township | $190K | $224.5K | +18.2% |
Fremont Township | $191K | $225K | +17.8% |
Hemlock | $166K | $185K | +11.4% |
Thomas Township | $193.5K | $200K | +3.4% |
Richland Township | $314K | $314.2K | 0.1% |
Housing Supply in Fremont Township, MI
How many homes are available in Fremont Township, MI?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
39 | 42 | +7.7% |
Summary: The Fremont Township real estate market had 42 homes for sale in June 2024, a 7.7% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 11 | 9 | -18.2% |
3 Bedrooms | 15 | 17 | +13.3% |
4 Bedrooms | 6 | 10 | +66.7% |
5+ Bedrooms | 7 | 6 | -14.3% |
Summary: The Fremont Township housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 18.2%, 3 bedroom homes increased by 13.3%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
10 | 8 | -20.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Fremont Township in June 2024, down by 20.0% month-over-month. Of the 8 sold homes, 63% were sold under asking, 13% 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
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
5 Days | 34 Days | +545.6% |
Summary: Homes in Fremont Township had an average of 34 days on market in Jun 2024, up by 545.6% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During June 2024, 8 homes were sold in Fremont Township; 38% of homes were sold within 30 days, 63% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.