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 April 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

$77,660

$69/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$2,666(+3.6%)

Key Takeaway

Homes in Flint have sold for 3.6% more than they did a year ago.

Summary: The median home sold price in Flint was $77,660 in April 2024, up 3.6% from last year, and the median price per square foot was $69.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $28.5K$25K
-12.3%
2 $43K$46.3K
+7.8%
3 $81.7K$82.9K
+1.5%
4 $113K$150K
+32.7%
5+ $164.3K$160K
-2.6%

Summary: Flint housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 12.3%, 2 bedroom homes increased by 7.8%, 3 bedroom homes increased by 1.5%, 4 bedroom homes increased by 32.7%, and 5+ bedroom homes decreased by 2.6%.

Median Sold Price Compared To Nearby Cities

Mount Morris Township
+10.9%
Genesee Charter Township
+10.7%
Burton
+4.8%
Flint
+3.6%
Flint Charter Township
-17.1%

Housing Supply in Flint, MI

How many homes are available in Flint, MI?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
471499+5.9%

Summary: The Flint real estate market had 499 homes for sale in April 2024, a 5.9% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 76
-14.3%
2 138147
+6.5%
3 238245
+2.9%
4 6981
+17.4%
5+ 1920
+5.3%

Summary: The Flint housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 14.3%, 2 bedroom homes increased by 6.5%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 17.4%, and 5+ bedroom homes increased by 5.3%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
117113-3.4%

Asking Price vs. Sold Price

60 Homes Were Sold
Under Asking

24 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, you may be able to get a good deal. 53.1% of homes here sold below asking price last month.

Summary: A total of 113 homes were sold or pending in Flint in April 2024, down by 3.4% month-over-month. Of the 113 sold homes, 53% were sold under asking, 21% were sold at asking, and 26% 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

Apr 2023Apr 2024CHANGE
62 Days36 Days-41.5%

Summary: Homes in Flint had an average of 36 days on market in Apr 2024, down by 41.5% compared to last year.

Breakdown of Home Sale Times

73 Homes Were Sold
Under 30 Days

25 Homes Were Sold
In 30 - 90 Days

15 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 April 2024, 113 homes were sold in Flint; 65% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 13% 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 1 Day Ago

Newest Listings in Flint, MI

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