Fairgrove, MI

Real estate in Fairgrove, Michigan is a hot commodity. The city has seen an influx of new residents and businesses in recent years, which has led to an increase in home prices and rental rates. There are a number of reasons why people are drawn to Fairgrove, including its proximity to Detroit and the surrounding suburbs, its strong economy, and its abundance of amenities.

The city's population has grown by more than 10% since 2010, making it one of the fastest-growing communities in Michigan. This growth has led to increased demand for housing and commercial space, which has driven up prices across the board. The median sale price for homes in Fairgrove was $269,000 in 2017, up from $236,000 the year before. The median rent price was also higher at $1,100 per month compared to $1,000 per month a year earlier.

There are a number of factors that have contributed to this surge in real estate prices. One reason is that Fairgrove is located close to major metropolitan areas such as Detroit and Ann Arbor. This makes it an attractive option for people who want access to all that these cities have to offer without having to live downtown or on the outskirts of town. Additionally, Fairgrove's strong economy means that there is plenty of demand for housing and commercial space; this also drives up prices.

Despite these high prices, there are still many opportunities available for buyers and renters in Fairgrove. For example, there are plenty of single-family homes available for purchase or rent; furthermore, many properties can be leased quickly due to the high demand from tenants."