Is Flushing, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Flushing has remained a Seller's Market.
Housing Prices in Flushing, MI
How much do homes in Flushing, MI cost?
Median Sold Price
$220,000
$148/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Flushing was $220,000 in June 2024, up 9.5% from last year, and the median price per square foot was $148.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $80K | $93K | +16.3% |
2 Bedrooms | $154.9K | $181K | +16.8% |
3 Bedrooms | $196.5K | $220K | +12.0% |
4 Bedrooms | $270K | $260K | -3.7% |
5+ Bedrooms | $320K | $366.5K | +14.5% |
Summary: Flushing housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 16.3%, 2 bedroom homes increased by 16.8%, 3 bedroom homes increased by 12%, 4 bedroom homes decreased by 3.7%, and 5+ bedroom homes increased by 14.5%.
Median Sold Price Compared To Nearby Cities
Mount Morris Township | $115K | $130K | +13.0% |
Flushing | $201K | $220K | +9.5% |
Flushing Charter Township | $201K | $220K | +9.5% |
Housing Supply in Flushing, MI
How many homes are available in Flushing, MI?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
91 | 82 | -9.9% |
Summary: The Flushing real estate market had 82 homes for sale in June 2024, a 9.9% decrease compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 10 | 13 | +30.0% |
3 Bedrooms | 54 | 45 | -16.7% |
4 Bedrooms | 25 | 20 | -20.0% |
5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The Flushing housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 30%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
33 | 25 | -24.2% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 25 homes were sold or pending in Flushing in June 2024, down by 24.2% month-over-month. Of the 25 sold homes, 48% were sold under asking, 12% were sold at asking, and 40% were sold over asking.
Days on Market for Flushing, MI
How long does it take to sell a home in Flushing, MI?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
35 Days | 15 Days | -54.9% |
Summary: Homes in Flushing had an average of 15 days on market in Jun 2024, down by 54.9% compared to last year.
Breakdown of Home Sale Times
21 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During June 2024, 25 homes were sold in Flushing; 84% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.