Is Fremont Township, 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 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
$225,000
$143/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Fremont Township was $225,000 in April 2024, up 18.1% from last year, and the median price per square foot was $143.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $108K | $126K | +16.7% |
2 Bedrooms | $152.5K | $177.5K | +16.4% |
3 Bedrooms | $192K | $220K | +14.6% |
4 Bedrooms | $244.7K | $277.5K | +13.4% |
5+ Bedrooms | $310K | $276K | -11.0% |
Summary: Fremont Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 16.7%, 2 bedroom homes increased by 16.4%, 3 bedroom homes increased by 14.6%, 4 bedroom homes increased by 13.4%, and 5+ bedroom homes decreased by 11%.
Median Sold Price Compared To Nearby Cities
Fremont Township | $190.5K | $225K | +18.1% |
Hemlock | $170K | $198.5K | +16.8% |
Thomas Township | $185K | $200K | +8.1% |
Richland Township | $297.3K | $305K | +2.6% |
Housing Supply in Fremont Township, MI
How many homes are available in Fremont Township, MI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
34 | 36 | +5.9% |
Summary: The Fremont Township real estate market had 36 homes for sale in April 2024, a 5.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 7 | 9 | +28.6% |
3 Bedrooms | 18 | 13 | -27.8% |
4 Bedrooms | 5 | 10 | +100.0% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Fremont Township 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 28.6%, 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 |
---|---|---|
11 | 11 | 0.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in Fremont Township in April 2024, the same as the previous month. Of the 11 sold homes, 45% were sold under asking, 27% were sold at asking, and 27% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
34 Days | 38 Days | +13.1% |
Summary: Homes in Fremont Township had an average of 38 days on market in Apr 2024, up by 13.1% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 11 homes were sold in Fremont Township; 64% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.