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 April 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

$80,000

$71/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$16,542(-17.1%)

Key Takeaway

Homes in Flint Charter Township have sold for 17.1% less than they did a year ago.

Summary: The median home sold price in Flint Charter Township was $80,000 in April 2024, down 17.1% from last year, and the median price per square foot was $71.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $23.3K$25K
+7.0%
2 $50.5K$47.3K
-6.2%
3 $105.6K$86.8K
-17.8%
4 $165K$154.9K
-6.1%
5+ $196.5K$172.5K
-12.2%

Summary: Flint Charter Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7%, 2 bedroom homes decreased by 6.2%, 3 bedroom homes decreased by 17.8%, 4 bedroom homes decreased by 6.1%, and 5+ bedroom homes decreased by 12.2%.

Median Sold Price Compared To Nearby Cities

Swartz Creek
+11.8%
Mundy Township
+6.8%
Burton
+4.8%
Flint
+3.6%
Flint Charter Township
-17.1%

Housing Supply in Flint Charter Township, MI

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

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
479511+6.7%

Summary: The Flint Charter Township real estate market had 511 homes for sale in April 2024, a 6.7% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 76
-14.3%
2 139148
+6.5%
3 244253
+3.7%
4 7084
+20.0%
5+ 1920
+5.3%

Summary: The Flint Charter Township 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 3.7%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 5.3%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
122115-5.7%

Asking Price vs. Sold Price

62 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 Charter Township, you may be able to get a good deal. 53.9% of homes here sold below asking price last month.

Summary: A total of 115 homes were sold or pending in Flint Charter Township in April 2024, down by 5.7% month-over-month. Of the 115 sold homes, 54% were sold under asking, 21% were sold at asking, and 25% 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

Apr 2023Apr 2024CHANGE
62 Days36 Days-41.4%

Summary: Homes in Flint Charter Township had an average of 36 days on market in Apr 2024, down by 41.4% compared to last year.

Breakdown of Home Sale Times

74 Homes Were Sold
Under 30 Days

26 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 Charter Township are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 115 homes were sold in Flint Charter Township; 64% of homes were sold within 30 days, 23% 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

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