Is Fremont, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Fremont has remained a Seller's Market.
Housing Prices in Fremont, MI
How much do homes in Fremont, MI cost?
Median Sold Price
$227,511
$146/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Fremont was $227,511 in April 2024, up 23.6% from last year, and the median price per square foot was $146.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $108K | $119.5K | +10.6% |
2 Bedrooms | $150K | $175K | +16.7% |
3 Bedrooms | $182K | $223K | +22.5% |
4 Bedrooms | $256.4K | $282.4K | +10.1% |
5+ Bedrooms | $310K | $295K | -4.8% |
Summary: Fremont housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.6%, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 22.5%, 4 bedroom homes increased by 10.1%, and 5+ bedroom homes decreased by 4.8%.
Median Sold Price Compared To Nearby Cities
Fremont | $184K | $227.5K | +23.6% |
Sheridan Charter Township | $211.2K | $237.8K | +12.6% |
Sherman Township | $195K | $193.7K | -0.6% |
Housing Supply in Fremont, MI
How many homes are available in Fremont, MI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
31 | 34 | +9.7% |
Summary: The Fremont real estate market had 34 homes for sale in April 2024, a 9.7% increase 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 | 5 | 8 | +60.0% |
3 Bedrooms | 18 | 13 | -27.8% |
4 Bedrooms | 5 | 10 | +100.0% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Fremont 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 increased by 60%, 3 bedroom homes decreased by 27.8%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
10 | 9 | -10.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Fremont in April 2024, down by 10.0% month-over-month. Of the 9 sold homes, 44% were sold under asking, 22% were sold at asking, and 33% were sold over asking.
Days on Market for Fremont, MI
How long does it take to sell a home in Fremont, MI?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
34 Days | 36 Days | +5.0% |
Summary: Homes in Fremont had an average of 36 days on market in Apr 2024, up by 5% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 9 homes were sold in Fremont; 78% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.