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Fenton, MI Real Estate


According to census data in the year 2000 there were 4,569 housing units in Fenton. This represents a 34.6% growth from 3,395 in 1990.

Of those housing units, 4,569 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Fenton is about 66.4%. Fenton's vacancy rate, including seasonal lodging, is about 5.1%. Average household size is 2.37 people.

The majority of houses, apartments or condos in Fenton were built after 1973.

Statistics

Housing Size

Housing Units by Size
Studio Type0.30%
One Bedroom11.20%
Two Bedrooms37.10%
Three Bedrooms39.70%
Four Bedrooms9.90%
Five Bedrooms or more1.70%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.53
Median year structure was built1961
Median Value of occupied units$124,200
Median Price asked for vacant units$161,400

Rented Homes, Apartments and Condos

Average Household Size2.07
Median year structure was built1985
Median Monthly Rent asked for vacant units$713

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.30%
Second Mortgage5.70%
Home Equity Loan11.20%
Simple Mortgage62%
Debt Free20.80%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs18.8%