Foreclosure Homes in Fenton, MI 48430

Current Market Conditions in Fenton, MI

The Fenton real estate market has experienced steady growth over the past year, reflecting a rising demand for homes in the area. Interest rates remain relatively low, which continues to attract buyers, especially families looking for spacious properties with good schools nearby.

There has been a noticeable increase in new construction, with builders taking advantage of the attractive location to meet the needs of a growing population. As inventory remains limited, prices are expected to rise further, making it a competitive market for buyers.

Rent Prices In Fenton, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Fenton, MI, is on a rollercoaster ride. The average rent price in Fenton, MI, is $1,581.00. Indeed, when looking to rent in Fenton, MI, you can expect to pay as little as $570.00 or as much as $3,000.00, with the average rent median estimated to be $1,490.00. The good news is that finding an affordable and desirable property to rent in Fenton, MI -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.