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Bankruptcy Homes in Fenton, MI

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Rockridge-ct-Fenton-MI-48430
Bankruptcy
$243,100 EMV

Rockridge Ct
Fenton, MI 48430

Harbor-landings-dr-Fenton-MI-48430
Bankruptcy
$265,867 EMV

Harbor Landings Dr
Fenton, MI 48430

Elm-st-Fenton-MI-48430
Bankruptcy
$158,270 EMV

Elm St
Fenton, MI 48430

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Home Value Estimator For Fenton, MI

There are currently 12,829 real estate properties in Fenton, MI, with a median automated valuation model (AVM) price of $274,300.00. 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 $317,474.00, with the most expensive house in Fenton, MI, topping out at $2,864,900.00 and the cheapest home in Fenton, MI, clocking in at $40,800.00. 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 $1,574.00. Indeed, when looking to rent in Fenton, MI, you can expect to pay as little as $690.00 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.


Foreclosure Homes in Fenton, MI

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Fenton, MI area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Fenton, MI and much more. Save thousands at closing with home foreclosure listings in Fenton, MI — up to 75% off market value!


Top Reasons To Live In Fenton, MI In 2021

Fenton is located in Genesee, Michigan, with an estimated municipal population of 11,403 residents. All of the best foreclosed homes for sale in Fenton are located in the following zip code areas on Foreclosure.com: 48430. The estimated population per square kilometer (.62 miles) in Fenton is 661.


Cost Of Living In Fenton, MI

So, about how much do homes cost in Fenton? The most recent median value of resident-owned homes in Fenton is 144,797. An estimated 60.4 percent of households in Fenton own their homes, with an average family size of 2.93. The median household income in Fenton is 63,036, with20.1 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Fenton, the median commute time of resident workers (in minutes) is 32.7. And last, but certainly not least, are you looking for homes to rent in Fenton? If so, the average rent price paid by renters in Fenton is 1,030, according to recent statistics.


Diversity And Demographics In Fenton, Michigan

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Fenton, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Fenton is 38.9, split between 46.8 percent male versus 53.2 female. The percentage of residents who report being married in Fenton is 52.6, with an average family size of 2.93.

The percentage of residents who report their race in Fenton is as follows:

White 94.9%
Black / African American 1.2%
Asian 0%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 3.6%
Other 0.2%

Looking for family-friendly neighborhoods in and/or near Fenton? Or maybe you are searching for 55+ active adult communities in and/or near Fenton?

The percentage of residents who report their age in Fenton is as follows:

Under 10 12.2%
Aged 10-19 10.8%
20s 13.9%
30s 14.9%
40s 14.1%
50s 11.4%
60s 11.7%
70s 5.4%
80+ 5.5%

Best Schools In Fenton, Michigan

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Fenton with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Fenton.


Pros And Cons Of Living In Fenton, Michigan

How do you know that living in -- or moving to -- Fenton is right where you need to be? Perhaps you grew up in Fenton or already live nearby; therefore, the decision to buy a home in Fenton is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Fenton for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Fenton:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Fenton.


Reasons To Move To Fenton, Michigan, In 2021

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Fenton can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Fenton, meanwhile, can field multiple offers from more qualified buyers.

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