Is Flushing Charter Township, 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, Flushing Charter Township has remained a Seller's Market.
Key Takeaway
Flushing Charter Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Flushing Charter Township, MI
How much do homes in Flushing Charter Township, MI cost?
Median Sold Price
$217,500
$145/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Flushing Charter Township have sold for 3.6% more than they did a year ago.
Summary: The median home sold price in Flushing Charter Township was $217,500 in March 2024, up 3.6% from last year, and the median price per square foot was $145.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $65K | $93K | +43.1% |
| 2 Bedrooms | $164.9K | $170K | +3.1% |
| 3 Bedrooms | $200K | $215K | +7.5% |
| 4 Bedrooms | $278.7K | $266K | -4.6% |
| 5+ Bedrooms | $331.8K | $343.7K | +3.6% |
Summary: Flushing Charter Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 43.1%, 2 bedroom homes increased by 3.1%, 3 bedroom homes increased by 7.5%, 4 bedroom homes decreased by 4.6%, and 5+ bedroom homes increased by 3.6%.
Median Sold Price Compared To Nearby Cities
| Mount Morris Township | $115K | $127.5K | +10.9% |
| Flushing | $200K | $217.5K | +8.8% |
| Montrose Charter Township | $173.4K | $187.8K | +8.3% |
| Vienna Charter Township | $199K | $215K | +8.0% |
| Flushing Charter Township | $210K | $217.5K | +3.6% |
Housing Supply in Flushing Charter Township, MI
How many homes are available in Flushing Charter Township, MI?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 66 | 71 | +7.6% |
Summary: The Flushing Charter Township real estate market had 71 homes for sale in March 2024, a 7.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 13 | 12 | -7.7% |
| 3 Bedrooms | 39 | 46 | +17.9% |
| 4 Bedrooms | 13 | 13 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Flushing Charter Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 7.7%, 3 bedroom homes increased by 17.9%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 16 | 20 | +25.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Flushing Charter Township, you may be able to get a good deal. 45% of homes here sold below asking price last month.
Summary: A total of 20 homes were sold or pending in Flushing Charter Township in March 2024, up by 25.0% month-over-month. Of the 20 sold homes, 45% were sold under asking, 30% were sold at asking, and 25% were sold over asking.
Days on Market for Flushing Charter Township, MI
How long does it take to sell a home in Flushing Charter Township, MI?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 59 Days | 40 Days | -31.8% |
Summary: Homes in Flushing Charter Township had an average of 40 days on market in Mar 2024, down by 31.8% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Flushing Charter Township are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 20 homes were sold in Flushing Charter Township; 50% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.
