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Featured local agent — Fraser, MI
Sarah Mitchell
Compass Real Estate · Fraser, MI
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Fraser, MI Housing Market & Real Estate
Housing market overview · Updated monthly ·
$239,000median sale price
How is the Fraser, MI housing market right now?
The median home sale price in Fraser, MI is $239,000, down 17.6% year-over-year. Homes sell in an average of 13 days with 20 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Fraser a buyer's or seller's market?
Fraser, MI is currently a strong seller's market, based on 1.7 months of supply and homes selling in about 13 days. How we determine this →
Homes sold
12
Last 12 weeks
Days on market
13
Fast-moving
Active listings
20
1.7 months supply
Sale-to-list
100.3%
Above asking
What does the Fraser housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $239,000 |
| Median list price | $264,700 |
| Year-over-year price change | -17.6% |
| Average days on market | 13 days |
| Active inventory | 20 listings |
| Months of supply | 1.7 months |
| Sale-to-list price ratio | 100.3% |
| Median price per sq ft | $152/sq ft |
| Homes sold (latest month) | 12 |
| New listings (latest month) | 24 |
| Listings with a price cut | 75.0% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Fraser by property type?
How the Fraser, MI market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $262,000 | $183/sq ft | 7 | 11 days |
| Condo / Co-op | $87,500 | $109/sq ft | 5 | 39 days |
Source: Redfin · Updated monthly
The Fraser housing market is currently classified as a strong seller's market with a median sale price of $239,000. Prices have fallen 17.6% compared to last year, with homes spending an average of 13 days on market, indicating 1.7 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.9x provides context for how home values compare to local earning capacity.
Homes for sale in Fraser
There are currently 20 homes listed for sale in Fraser, Michigan. The median listing price is $265K.
Active listings
20
Homes on market
Median list price
$265K
Avg. days on market
13
Days until sale
New this week
24
Newly listed
Who lives in Fraser?
Population
14,604
Median income
$61,118/yr
Median age
41.6 years
Owner-occupied
72.7%
College grads
21.1%
Avg commute
23.2 min
Source: U.S. Census Bureau ACS
What are homes worth in Fraser?
Zillow home value
$241,390
Price-to-income
3.9x
Source: Zillow Research
What is it like to live in Fraser?
Fraser is a community of approximately 15K residents with a median age of 41.6 years.The median household income is $61,118, which represents a working-class community with solid middle-income opportunities. 21.1% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 72.7%, reflecting strong community stability and long-term resident commitment. The average commute time is 23.2 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Fraser offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Fraser?
6 schools tracked · 3,681 students
The largest public schools serving Fraser, MI by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Fraser High School
Grades 9-12 · 1,480 students
Richards Middle School
Grades 7-8 · 730 students
Eisenhower Elementary School
Grades PK-6 · 393 students
Thomas A Edison Elem School
Grades PK-6 · 377 students
Ralph Waldo Emerson Elem School
Grades K-6 · 355 students
Arts Academy in the Woods
Grades 6-12 · 346 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Fraser, MI?
Want a head-to-head view? Compare Fraser side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Fraser?
The median home sale price in Fraser is $239,000, down 17.6% from last year.
How long do homes stay on market in Fraser?
Homes typically spend 13 days on market before going under contract.
What is the median income in Fraser?
The median household income is $61,118 per year.
Is Fraser a buyer's or seller's market?
With 1.7 months of supply, Fraser is currently a strong seller's market.
What is the Zillow home value estimate for Fraser?
The Zillow Home Value Index (ZHVI) for Fraser is $241,390, representing the typical home value in the area.
What is the median condo price in Fraser?
The median condo/co-op sale price in Fraser, MI is $87,500, compared to $262,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Fraser?
The median single-family home price in Fraser, MI is $262,000 (about $183 per square foot).
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