Lake Fenton, MI
Housing market overview · Updated weekly
$515,000median sale price
Homes sold
2
Last 12 weeks
Days on market
121
Average pace
Active listings
24
12.0 months supply
Sale-to-list
97.5%
Below asking
The Lake Fenton housing market is currently classified as a buyer's market with a median sale price of $515,000. Prices have risen 23.7% compared to last year, with homes spending an average of 121 days on market, indicating 12.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
Homes for sale in Lake Fenton
There are currently 24 homes listed for sale in Lake Fenton, Michigan. The median listing price is $535K.
Active listings
24
Homes on market
Median list price
$535K
Avg. days on market
121
Days until sale
New this week
11
Newly listed
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Frequently asked questions
What is the average home price in Lake Fenton?
The median home sale price in Lake Fenton is $515,000, up 23.7% from last year.
How long do homes stay on market in Lake Fenton?
Homes typically spend 121 days on market before going under contract.
Is Lake Fenton a buyer's or seller's market?
With 12.0 months of supply, Lake Fenton is currently a buyer's market.
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