Is Flint, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 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
$79,990
$69/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Flint was $79,990 in February 2024, up 23.1% from last year, and the median price per square foot was $69.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $30K | $25.5K | -15.0% |
2 Bedrooms | $36K | $46K | +27.9% |
3 Bedrooms | $71.9K | $86.6K | +20.4% |
4 Bedrooms | $100K | $149.9K | +49.9% |
5+ Bedrooms | $126K | $185K | +46.8% |
Summary: Flint housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 15%, 2 bedroom homes increased by 27.9%, 3 bedroom homes increased by 20.4%, 4 bedroom homes increased by 49.9%, and 5+ bedroom homes increased by 46.8%.
Median Sold Price Compared To Nearby Cities
Flint | $65K | $79.9K | +23.1% |
Genesee Charter Township | $140K | $159K | +13.6% |
Mount Morris Township | $114.5K | $129.9K | +13.5% |
Burton | $150K | $161K | +7.4% |
Flint Charter Township | $120K | $80.7K | -32.7% |
Housing Supply in Flint, MI
How many homes are available in Flint, MI?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
465 | 454 | -2.4% |
Summary: The Flint real estate market had 454 homes for sale in February 2024, a 2.4% decrease compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 5 | 0.0% |
2 Bedrooms | 134 | 129 | -3.7% |
3 Bedrooms | 238 | 240 | +0.8% |
4 Bedrooms | 67 | 63 | -6.0% |
5+ Bedrooms | 21 | 17 | -19.0% |
Summary: The Flint housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 3.7%, 3 bedroom homes increased by 0.8%, 4 bedroom homes decreased by 6%, and 5+ bedroom homes decreased by 19%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
115 | 89 | -22.6% |
Asking Price vs. Sold Price
48 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
28 Homes Were Sold
Over Asking
Summary: A total of 89 homes were sold or pending in Flint in February 2024, down by 22.6% month-over-month. Of the 89 sold homes, 54% were sold under asking, 15% 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
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
58 Days | 41 Days | -29.4% |
Summary: Homes in Flint had an average of 41 days on market in Feb 2024, down by 29.4% compared to last year.
Breakdown of Home Sale Times
47 Homes Were Sold
Under 30 Days
34 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Summary: During February 2024, 89 homes were sold in Flint; 53% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.