Fenton, MI is a charming small town located in the heart of Genesee County. It’s known for its beautiful lakes, historic downtown, and vibrant community. If you’re thinking about buying a home in Fenton, it’s important to understand the local real estate market and the neighborhoods that make up this wonderful town.
Real Estate Market Trends in Fenton, MI
The Fenton real estate market has been steadily growing over the past few years. According to Zillow, the median home value in Fenton is currently around $235,000, which is a 7.7% increase from last year. The median listing price is around $299,900, and homes typically sell for around the asking price.
As for the types of homes available in Fenton, you’ll find everything from historic Victorian homes to modern new construction homes. There are also plenty of waterfront properties available, as Fenton is home to several lakes, including Lake Fenton, Silver Lake, and Crane Lake.
Popular Neighborhoods in Fenton, MI
Fenton is home to several unique neighborhoods, each with its own distinct character and charm. Here are a few of the most popular neighborhoods in Fenton:
Dibbleville: This historic neighborhood is located in downtown Fenton and features many restored Victorian homes. It’s known for its tree-lined streets, friendly neighbors, and walkability to downtown shops and restaurants.
Lake Fenton: This neighborhood surrounds the picturesque Lake Fenton and features many waterfront homes. It’s a popular spot for boating and other water activities, and the community is known for its strong sense of camaraderie.
Pine Lake Estates: This newer neighborhood is located on the north side of Fenton and features many new construction homes. It’s known for its quiet streets and family-friendly atmosphere.
Silver Lake: This neighborhood surrounds the tranquil Silver Lake and features many beautiful homes with lakefront views. It’s a popular spot for fishing, kayaking, and other outdoor activities.
Tips for Buying a Home in Fenton, MI
If you’re interested in buying a home in Fenton, here are a few tips to keep in mind:
- Work with a local real estate agent who knows the Fenton market well and can help you find the right home for your needs and budget.
- Get pre-approved for a mortgage before you start house hunting, as this will give you a better idea of what you can afford.
- Consider your lifestyle and priorities when choosing a neighborhood. Do you want to be close to downtown shops and restaurants, or do you prefer a quiet suburban setting?
- Be prepared to act quickly if you find a home you love, as the Fenton market can be competitive. Work with your real estate agent to submit a strong offer and negotiate effectively.
Fenton, MI is a wonderful place to call home, with its beautiful natural surroundings, historic downtown, and tight-knit community. If you’re thinking about buying a home in Fenton, be sure to work with a local real estate expert who can help you navigate the market and find the right home for you. And don’t forget to explore the many unique neighborhoods that make up this charming town!
