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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Flint Charter Township is a seller's market

Buyer's
Market

Difference Since February 2023

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

Key Takeaway

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

Housing Prices in Flint Charter Township, MI

How much do homes in Flint Charter Township, MI cost?

Median Sold Price

$80,734

$71/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

-$39,265(-32.7%)

Key Takeaway

Homes in Flint Charter Township have sold for 32.7% less than they did a year ago.

Summary: The median home sold price in Flint Charter Township was $80,734 in February 2024, down 32.7% from last year, and the median price per square foot was $71.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $75K$25.5K
-66.0%
2 $63K$48K
-23.8%
3 $130.6K$89.5K
-31.4%
4 $188K$150K
-20.2%
5+ $215.8K$185K
-14.3%

Summary: Flint Charter Township housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 66%, 2 bedroom homes decreased by 23.8%, 3 bedroom homes decreased by 31.4%, 4 bedroom homes decreased by 20.2%, and 5+ bedroom homes decreased by 14.3%.

Median Sold Price Compared To Nearby Cities

Flint
+23.1%
Swartz Creek
+12.5%
Burton
+7.4%
Mundy Township
+5.5%
Flint Charter Township
-32.7%

Housing Supply in Flint Charter Township, MI

How many homes are available in Flint Charter Township, MI?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
477465-2.5%

Summary: The Flint Charter Township real estate market had 465 homes for sale in February 2024, a 2.5% decrease compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 55
0.0%
2 138130
-5.8%
3 243247
+1.6%
4 7066
-5.7%
5+ 2117
-19.0%

Summary: The Flint Charter Township 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 5.8%, 3 bedroom homes increased by 1.6%, 4 bedroom homes decreased by 5.7%, and 5+ bedroom homes decreased by 19%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
11994-21.0%

Asking Price vs. Sold Price

50 Homes Were Sold
Under Asking

15 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 Charter Township, you may be able to get a good deal. 53.2% of homes here sold below asking price last month.

Summary: A total of 94 homes were sold or pending in Flint Charter Township in February 2024, down by 21.0% month-over-month. Of the 94 sold homes, 53% were sold under asking, 16% were sold at asking, and 31% were sold over asking.

Days on Market for Flint Charter Township, MI

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

Average Sale Time

Feb 2023Feb 2024CHANGE
58 Days41 Days-29.2%

Summary: Homes in Flint Charter Township had an average of 41 days on market in Feb 2024, down by 29.2% compared to last year.

Breakdown of Home Sale Times

49 Homes Were Sold
Under 30 Days

36 Homes Were Sold
In 30 - 90 Days

9 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During February 2024, 94 homes were sold in Flint Charter Township; 52% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 10% 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 Charter Township, MI

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