Fair Plain, MI

Balanced market-50.0% YoY

Housing market overview · Updated weekly

$115,000median sale price

Homes sold

5

Last 12 weeks

Days on market

24

Average pace

Active listings

24

4.8 months supply

Sale-to-list

97.8%

Below asking

The Fair Plain housing market is currently classified as a balanced market with a median sale price of $115,000. Prices have fallen 50.0% compared to last year, with homes spending an average of 24 days on market, indicating 4.8 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Fair Plain

There are currently 24 homes listed for sale in Fair Plain, Michigan. The median listing price is $258K.

Active listings

24

Homes on market

Median list price

$258K

Avg. days on market

24

Days until sale

New this week

10

Newly listed

Price drops:25.0%of listings
Sale-to-list:97.8%

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Frequently asked questions

What is the average home price in Fair Plain?

The median home sale price in Fair Plain is $115,000, down 50.0% from last year.

How long do homes stay on market in Fair Plain?

Homes typically spend 24 days on market before going under contract.

Is Fair Plain a buyer's or seller's market?

With 4.8 months of supply, Fair Plain is currently a balanced market.

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