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Bankruptcy Homes in Fenton, MI 48430

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Living in Fenton, MI

Fenton, MI is a vibrant community with a blend of urban and suburban living. Known for its beautiful lakes and recreational areas, it provides ample opportunities for outdoor activities and fosters a close-knit community atmosphere. With top-rated schools and diverse amenities, it's an ideal location for families and investors alike.

Current Market Conditions in Fenton, MI

The real estate market in Fenton is currently on an upward trend, characterized by rising home values and a competitive market for buyers. The area's appeal, bolstered by its charm and amenities, has attracted a steady influx of families and young professionals, driving demand for housing.

Investors in Fenton can expect a generally favorable environment for real estate investment. With ongoing developments and improvements in infrastructure, the city continues to grow, bringing potential appreciation in property values over time.

Home Value Estimator For Fenton, MI

There are currently 13,832 real estate properties in Fenton, MI, with a median automated valuation model (AVM) price of $356,842.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Fenton, MI, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Fenton, MI, is $423,144.00, with the most expensive house in Fenton, MI, topping out at $5,097,582.00 and the cheapest home in Fenton, MI, clocking in at $20,565.00. In other words, there’s something for every potential homebuyer or savvy investor in Fenton, MI!

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.

Fenton, MI 48430 Bankruptcy Homes

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