Is Flint, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Flint is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Flint has remained a Seller's Market.

Key Takeaway

Flint is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Flint, MI

How much do homes in Flint, MI cost?

Median Sold Price

$77,660

$69/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$2,666(+3.6%)

Key Takeaway

Homes in Flint have sold for 3.6% more than they did a year ago.

Summary: The median home sold price in Flint was $77,660 in April 2024, up 3.6% from last year, and the median price per square foot was $69.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $28.5K$25K
-12.3%
2 $43K$46.3K
+7.8%
3 $81.7K$82.9K
+1.5%
4 $113K$150K
+32.7%
5+ $164.3K$160K
-2.6%

Summary: Flint housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 12.3%, 2 bedroom homes increased by 7.8%, 3 bedroom homes increased by 1.5%, 4 bedroom homes increased by 32.7%, and 5+ bedroom homes decreased by 2.6%.

Median Sold Price Compared To Nearby Cities

Mount Morris Township
+10.9%
Genesee Charter Township
+10.7%
Burton
+4.8%
Flint
+3.6%
Flint Charter Township
-17.1%

Housing Supply in Flint, MI

How many homes are available in Flint, MI?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
471499+5.9%

Summary: The Flint real estate market had 499 homes for sale in April 2024, a 5.9% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 76
-14.3%
2 138147
+6.5%
3 238245
+2.9%
4 6981
+17.4%
5+ 1920
+5.3%

Summary: The Flint housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 14.3%, 2 bedroom homes increased by 6.5%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 17.4%, and 5+ bedroom homes increased by 5.3%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
117113-3.4%

Asking Price vs. Sold Price

60 Homes Were Sold
Under Asking

24 Homes Were Sold
At Asking

29 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Flint, you may be able to get a good deal. 53.1% of homes here sold below asking price last month.

Summary: A total of 113 homes were sold or pending in Flint in April 2024, down by 3.4% month-over-month. Of the 113 sold homes, 53% were sold under asking, 21% were sold at asking, and 26% were sold over asking.

Days on Market for Flint, MI

How long does it take to sell a home in Flint, MI?

Average Sale Time

Apr 2023Apr 2024CHANGE
62 Days36 Days-41.5%

Summary: Homes in Flint had an average of 36 days on market in Apr 2024, down by 41.5% compared to last year.

Breakdown of Home Sale Times

73 Homes Were Sold
Under 30 Days

25 Homes Were Sold
In 30 - 90 Days

15 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Flint are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 113 homes were sold in Flint; 65% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 12 Days Ago

Newest Listings in Flint, MI

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