Is Flint, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Flint has remained a Seller's Market.
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
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
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $28.5K | $25K | -12.3% |
2 Bedrooms | $43K | $46.3K | +7.8% |
3 Bedrooms | $81.7K | $82.9K | +1.5% |
4 Bedrooms | $113K | $150K | +32.7% |
5+ Bedrooms | $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 | $115K | $127.5K | +10.9% |
Genesee Charter Township | $140K | $155K | +10.7% |
Burton | $152.6K | $160K | +4.8% |
Flint | $74.9K | $77.6K | +3.6% |
Flint Charter Township | $96.5K | $80K | -17.1% |
Housing Supply in Flint, MI
How many homes are available in Flint, MI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
471 | 499 | +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
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 7 | 6 | -14.3% |
2 Bedrooms | 138 | 147 | +6.5% |
3 Bedrooms | 238 | 245 | +2.9% |
4 Bedrooms | 69 | 81 | +17.4% |
5+ Bedrooms | 19 | 20 | +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 2024 | Apr 2024 | CHANGE |
---|---|---|
117 | 113 | -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
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 2023 | Apr 2024 | CHANGE |
---|---|---|
62 Days | 36 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
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.