Fairgrove Real Estate
1 active listing · 4 sold in the past 12mo
$159,800
Median List Price
4
Sold (past 12mo)
53
Avg Days on Market
-8.8%
HFGⓘ
Household Formation Gap (HFG) is a secondary market indicator that measures hidden housing demand created by shrinking household sizes. As average household size decreases — due to divorce, single living, empty nesting, delayed marriage — more housing units are needed even without population growth. HFG compares the estimated number of households needed today versus 15 years ago: (population ÷ avg household size). This is a demographic trend signal, not a primary market indicator like income-based affordability or comparative market analysis. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates (2009–2023), Tables B01003, B25010, B25001.
Active Listings
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Homes for Sale(1)
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Recently Sold(4)
| Address | Sold Price | Date Sold |
|---|---|---|
| 5266 Dutcher Road, Fairgrove, MI 48733 | $170,000 | Jun 4, 2026 |
| 2137 N Main Street, Fairgrove, MI 48733 | $103,000 | Apr 9, 2026 |
| 1829 N Ringle Road, Fairgrove, MI 48733 | $290,000 | Mar 24, 2026 |
| 5627 Fairgrove Road, Fairgrove, MI 48733 | $180,000 | Nov 11, 2025 |
Frequently Asked Questions about Fairgrove
What is the current real estate inventory in Fairgrove?
Buyers in Fairgrove can choose from 1 active listing. The median asking price is $159,800.
What are home prices like in Fairgrove?
Based on 4 sales in the past year, homes in Fairgrove have a median price of $159,800.
What is the average days on market in Fairgrove?
Over the past year, homes in Fairgrove spent an average of 53 days on market before selling.
Which school districts cover Fairgrove?
Multiple school districts may serve Fairgrove. Michigan school district boundaries are independent of city borders. The school district for a specific property depends on its exact location within the city.
How competitive is the Fairgrove real estate market?
Fairgrove is currently a balanced market, with 3.0 months of supply. That ratio comes from 1 active listing relative to 4 sales per year.
What are property taxes like in Fairgrove?
Property taxes in Fairgrove are based on a property's State Equalized Value (SEV), which is roughly 50% of market value, multiplied by the local millage rate. Homestead properties (primary residences) receive a lower rate than non-homestead. Tax bills are split into summer and winter installments.
What does demographic data show about housing demand in Fairgrove?
Based on Census Bureau ACS data, Fairgrove shows a -8.8% Household Formation Gap. Despite household size decreasing from 2.38 to 2.31, the 11.5% population decline has reduced the overall number of households needing housing. This is a secondary demographic indicator, distinct from primary market measures.