Market Overview
Home Prices in Fenwick, MI
The median home value in Fenwick, MI is $232,743 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 7.6% compared to a year ago and down 0.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Fenwick are priced43% below average. Fenwick is part of the Grand Rapids-Kentwood, MI metro area.
Over the past five years, Fenwick home values have risen by approximately19.7%, reflecting steady appreciation in this market.
Price History
Fenwick Home Price Trend
City Comparison
Fenwick vs. National Median
At $232,743, homes in Fenwick cost 43% below the national median of $410,000. This makes Fenwick a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Fenwick?
20% Down Payment
$46,549
on $232,743
Monthly P&I
$1,214/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,542/mo
incl. taxes & insurance
Income Needed
$61,680
gross annual (30% rule)
10% Down Option
$23,274
+ PMI applies
Loan Amount (20% dn)
$186,194
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Fenwick, MI?
The median home value in Fenwick is $232,743 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 7.6% year-over-year.
How much have home prices changed in Fenwick?
Over the past year, home values in Fenwick have increased by 7.6%. Over five years, prices have risen approximately 19.7%.
How much do I need to earn to buy a home in Fenwick?
To comfortably afford the median home price of $232,743 with a 20% down payment ($46,549) at today's rates (6.8%), you'd need a gross annual income of approximately $61,680. This assumes keeping total housing costs at or below 30% of gross income.
How does Fenwick compare to the national average home price?
The national median home value is approximately $410,000. At $232,743, homes in Fenwick are 43% below the national average.
What metro area is Fenwick part of?
Fenwick is part of the Grand Rapids-Kentwood, MI metropolitan area. Home prices and market conditions can vary across the broader metro region.