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 February 2023
Since last year, Flushing Charter Township has remained a Seller's Market.
Housing Prices in Flushing Charter Township, MI
How much do homes in Flushing Charter Township, MI cost?
Median Sold Price
$217,000
$144/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Flushing Charter Township was $217,000 in February 2024, down 1.4% from last year, and the median price per square foot was $144.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $50K | $93K | +86.0% |
2 Bedrooms | $165K | $166.7K | +1.0% |
3 Bedrooms | $207K | $214K | +3.4% |
4 Bedrooms | $277.5K | $270K | -2.7% |
5+ Bedrooms | $331.8K | $345K | +4.0% |
Summary: Flushing Charter Township housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 86%, 2 bedroom homes increased by 1%, 3 bedroom homes increased by 3.4%, 4 bedroom homes decreased by 2.7%, and 5+ bedroom homes increased by 4%.
Median Sold Price Compared To Nearby Cities
Mount Morris Township | $114.5K | $129.9K | +13.5% |
Flushing | $199.2K | $216.8K | +8.9% |
Montrose Charter Township | $179.5K | $195K | +8.6% |
Vienna Charter Township | $199.4K | $215K | +7.8% |
Flushing Charter Township | $220K | $217K | -1.4% |
Housing Supply in Flushing Charter Township, MI
How many homes are available in Flushing Charter Township, MI?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
66 | 62 | -6.1% |
Summary: The Flushing Charter Township real estate market had 62 homes for sale in February 2024, a 6.1% decrease compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 16 | 13 | -18.8% |
3 Bedrooms | 38 | 37 | -2.6% |
4 Bedrooms | 11 | 11 | 0.0% |
5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Flushing Charter Township housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 18.8%, 3 bedroom homes decreased by 2.6%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
20 | 16 | -20.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 16 homes were sold or pending in Flushing Charter Township in February 2024, down by 20.0% month-over-month. Of the 16 sold homes, 50% were sold under asking, 25% 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
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
38 Days | 50 Days | +32.9% |
Summary: Homes in Flushing Charter Township had an average of 50 days on market in Feb 2024, up by 32.9% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During February 2024, 16 homes were sold in Flushing Charter Township; 38% of homes were sold within 30 days, 56% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.