Housing in Lake Fenton, MI

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

Housing Market Snapshot

Source: Redfin โ€” January 2026

Median Sale Price

$255,000

Median List Price

$339,900

Price Per Sq Ft

$209

Days on Market

139

Active Inventory

16

Months of Supply

5.3

Balanced market

Price Trends

Source: Redfin
Sale Price โ†“ 19.0%List Price โ†‘ 4.0%Mar 24 โ†’ Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Off Market in 2 Weeks

14.3%

Sale-to-List Ratio

96.2%

Buyer's market

Sold Above Asking
0.0%
Under Contract in 2 Wks
14.3%
Listings with Price Drops
37.5%

Market Activity

Source: Redfin

Homes Sold

3

New Listings

5

Pending Sales

7

Homes Sold โ†“ 72.7%New Listings โ†‘ 25.0%Pending โ†‘ 133.3%Mar 24 โ†’ Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$209

Median List $/SF

$158

Sale $/SF โ†‘ 14.8%List $/SF โ†“ 15.1%Mar 24 โ†’ Jan 26

Lake Fenton vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Lake Fenton 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

$372,800

Median Rent

$1,343

Total Housing Units

2,840

Vacancy Rate

7.2%

Owner Occupied

89.4%

Renter Occupied

10.6%

Median Property Tax

$4,678

per year

Monthly Cost (w/ Mortgage)

$1,613

Housing Types

Single Family
91.2%
Multi-Family
7.2%
Mobile Home
1.6%

The current median sale price in Lake Fenton, MI is $255,000 according to Redfin data. Homes spend a median of 139 days on the market. 0.0% of homes sold above asking price. The market has 5.3 months of supply. The median price per square foot is $209. The median rent is $1,343 per month (Census ACS). About 89.4% of housing units are owner-occupied. The median year homes were built is 1993. There are 2,840 total housing units.