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 Type | 0.30% |
| One Bedroom | 11.20% |
| Two Bedrooms | 37.10% |
| Three Bedrooms | 39.70% |
| Four Bedrooms | 9.90% |
| Five Bedrooms or more | 1.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.53 |
| Median year structure was built | 1961 |
| Median Value of occupied units | $124,200 |
| Median Price asked for vacant units | $161,400 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.07 |
| Median year structure was built | 1985 |
| Median Monthly Rent asked for vacant units | $713 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.30% |
| Second Mortgage | 5.70% |
| Home Equity Loan | 11.20% |
| Simple Mortgage | 62% |
| Debt Free | 20.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.8% |
