Is Flint, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 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
$77,917
$69/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Flint was $77,917 in March 2024, up 4.4% from last year, and the median price per square foot was $69.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $31K | $25K | -19.4% |
2 Bedrooms | $44K | $45.3K | +3.0% |
3 Bedrooms | $80K | $84.3K | +5.4% |
4 Bedrooms | $109.9K | $150K | +36.5% |
5+ Bedrooms | $149K | $185K | +24.2% |
Summary: Flint housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 19.4%, 2 bedroom homes increased by 3%, 3 bedroom homes increased by 5.4%, 4 bedroom homes increased by 36.5%, and 5+ bedroom homes increased by 24.2%.
Median Sold Price Compared To Nearby Cities
Mount Morris Township | $115K | $127.5K | +10.9% |
Genesee Charter Township | $140K | $155K | +10.7% |
Burton | $150.6K | $161.4K | +7.1% |
Flint | $74.6K | $77.9K | +4.4% |
Flint Charter Township | $102.3K | $80K | -21.8% |
Housing Supply in Flint, MI
How many homes are available in Flint, MI?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
453 | 474 | +4.6% |
Summary: The Flint real estate market had 474 homes for sale in March 2024, a 4.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 6 | +20.0% |
2 Bedrooms | 125 | 136 | +8.8% |
3 Bedrooms | 238 | 249 | +4.6% |
4 Bedrooms | 67 | 65 | -3.0% |
5+ Bedrooms | 18 | 18 | 0.0% |
Summary: The Flint housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes increased by 8.8%, 3 bedroom homes increased by 4.6%, 4 bedroom homes decreased by 3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
97 | 98 | +1.0% |
Asking Price vs. Sold Price
54 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
30 Homes Were Sold
Over Asking
Summary: A total of 98 homes were sold or pending in Flint in March 2024, up by 1.0% month-over-month. Of the 98 sold homes, 55% were sold under asking, 14% were sold at asking, and 31% 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
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
63 Days | 46 Days | -27.3% |
Summary: Homes in Flint had an average of 46 days on market in Mar 2024, down by 27.3% compared to last year.
Breakdown of Home Sale Times
53 Homes Were Sold
Under 30 Days
26 Homes Were Sold
In 30 - 90 Days
19 Homes Were Sold
Over 90 Days
Summary: During March 2024, 98 homes were sold in Flint; 54% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.