Housing in Fair Plain, MI

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$195,000

Median List Price

$147,450

Price Per Sq Ft

$154

Days on Market

42

Active Inventory

21

Months of Supply

4.2

Balanced market

Price Trends

Source: Redfin
Sale Price 8.3%List Price 32.2%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

20.0%

Off Market in 2 Weeks

44.4%

Sale-to-List Ratio

97.3%

Buyer's market

Sold Above Asking
20.0%
Under Contract in 2 Wks
44.4%
Listings with Price Drops
19.1%

Market Activity

Source: Redfin

Homes Sold

5

New Listings

10

Pending Sales

9

Homes Sold 0.0%New Listings 0.0%Pending 28.6%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$154

Median List $/SF

$168

Sale $/SF 75.0%List $/SF 18.3%Mar 24Jan 26

Fair Plain vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Fair Plain is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$147,800

Median Rent

$989

Total Housing Units

3,435

Vacancy Rate

9.1%

Owner Occupied

73.7%

Renter Occupied

26.3%

Median Property Tax

$1,779

per year

Monthly Cost (w/ Mortgage)

$1,067

Housing Types

Single Family
83.5%
Multi-Family
16.3%
Mobile Home
0.2%

The current median sale price in Fair Plain, MI is $195,000 according to Redfin data. Homes spend a median of 42 days on the market. 20.0% of homes sold above asking price. The market has 4.2 months of supply. The median price per square foot is $154. The median rent is $989 per month (Census ACS). About 73.7% of housing units are owner-occupied. The median year homes were built is 1960. There are 3,435 total housing units.