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 February 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

$79,990

$69/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$14,990(+23.1%)

Key Takeaway

Homes in Flint have sold for 23.1% more than they did a year ago.

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

# BEDSFeb 2023Feb 2024CHANGE
1 $30K$25.5K
-15.0%
2 $36K$46K
+27.9%
3 $71.9K$86.6K
+20.4%
4 $100K$149.9K
+49.9%
5+ $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
+23.1%
Genesee Charter Township
+13.6%
Mount Morris Township
+13.5%
Burton
+7.4%
Flint Charter Township
-32.7%

Housing Supply in Flint, MI

How many homes are available in Flint, MI?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
465454-2.4%

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

# BEDSJan 2024Feb 2024CHANGE
1 55
0.0%
2 134129
-3.7%
3 238240
+0.8%
4 6763
-6.0%
5+ 2117
-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 2024Feb 2024CHANGE
11589-22.6%

Asking Price vs. Sold Price

48 Homes Were Sold
Under Asking

13 Homes Were Sold
At Asking

28 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Flint, you may be able to get a good deal. 53.9% of homes here sold below asking price last month.

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 2023Feb 2024CHANGE
58 Days41 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

Breakdown of Home Sale Times

Key Takeaway

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

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.

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

Report Updated 18 Days Ago

Newest Listings in Flint, MI

Nearby Markets to Flint, MI

What housing markets are near Flint, MI?