Is Fremont Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 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
$220,000
$142/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Fremont Township was $220,000 in March 2024, up 7.3% from last year, and the median price per square foot was $142.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $108K | $119.5K | +10.6% |
2 Bedrooms | $142K | $180K | +26.8% |
3 Bedrooms | $198K | $210K | +6.1% |
4 Bedrooms | $237.4K | $276.2K | +16.4% |
5+ Bedrooms | $310K | $276K | -11.0% |
Summary: Fremont Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.6%, 2 bedroom homes increased by 26.8%, 3 bedroom homes increased by 6.1%, 4 bedroom homes increased by 16.4%, and 5+ bedroom homes decreased by 11%.
Median Sold Price Compared To Nearby Cities
Fremont Township | $205K | $220K | +7.3% |
Thomas Township | $188.3K | $199.5K | +5.9% |
Richland Township | $294.7K | $300K | +1.8% |
Hemlock | $177K | $172.4K | -2.6% |
Housing Supply in Fremont Township, MI
How many homes are available in Fremont Township, MI?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
27 | 34 | +25.9% |
Summary: The Fremont Township real estate market had 34 homes for sale in March 2024, a 25.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 4 | 7 | +75.0% |
3 Bedrooms | 18 | 18 | 0.0% |
4 Bedrooms | 2 | 5 | +150.0% |
5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Fremont Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 75%, 3 bedroom homes remained the same, 4 bedroom homes increased by 150%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
6 | 8 | +33.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Fremont Township in March 2024, up by 33.3% month-over-month. Of the 8 sold homes, 38% were sold under asking, 25% were sold at asking, and 38% 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
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
60 Days | 29 Days | -50.8% |
Summary: Homes in Fremont Township had an average of 29 days on market in Mar 2024, down by 50.8% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 8 homes were sold in Fremont Township; 88% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.