Housing in Fraser, MI

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

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$112,500

Median List Price

$265,000

Price Per Sq Ft

$125

Days on Market

47

Active Inventory

11

Months of Supply

1.2

Seller's market

Zillow Home Value

$227,768

ZHVI — January 2026

Zillow Rent Index

$1,212

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 48.9%List Price 10.4%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

22.2%

Off Market in 2 Weeks

27.3%

Sale-to-List Ratio

94.2%

Buyer's market

Sold Above Asking
22.2%
Under Contract in 2 Wks
27.3%
Listings with Price Drops
54.5%

Market Activity

Source: Redfin

Homes Sold

9

New Listings

7

Pending Sales

11

Homes Sold 30.8%New Listings 46.2%Pending 15.4%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$125

Median List $/SF

$176

Sale $/SF 12.6%List $/SF 18.1%Mar 24Jan 26

Fraser vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 10,000 - 25,000 residents. Fraser 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

$193,600

Median Rent

$827

Total Housing Units

6,778

Vacancy Rate

4.0%

Owner Occupied

72.7%

Renter Occupied

27.3%

Median Property Tax

$3,592

per year

Monthly Cost (w/ Mortgage)

$1,208

Housing Types

Single Family
77.3%
Multi-Family
22.2%
Mobile Home
0.6%

The current median sale price in Fraser, MI is $112,500 according to Redfin data. Homes spend a median of 47 days on the market. 22.2% of homes sold above asking price. The market has 1.2 months of supply. The median price per square foot is $125. Zillow's observed rent index is $1,212/month. About 72.7% of housing units are owner-occupied. The median year homes were built is 1972. There are 6,778 total housing units.