Is Flushing, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 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
$219,675
$146/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Flushing was $219,675 in April 2024, up 9.8% from last year, and the median price per square foot was $146.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $80K | $93K | +16.3% |
2 Bedrooms | $155K | $177.4K | +14.5% |
3 Bedrooms | $195.5K | $217K | +11.0% |
4 Bedrooms | $250K | $265K | +6.0% |
5+ Bedrooms | $282K | $343.7K | +21.9% |
Summary: Flushing housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 16.3%, 2 bedroom homes increased by 14.5%, 3 bedroom homes increased by 11%, 4 bedroom homes increased by 6%, and 5+ bedroom homes increased by 21.9%.
Median Sold Price Compared To Nearby Cities
Mount Morris Township | $115K | $127.5K | +10.9% |
Flushing | $200K | $219.6K | +9.8% |
Flushing Charter Township | $209.9K | $219.6K | +4.6% |
Housing Supply in Flushing, MI
How many homes are available in Flushing, MI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
78 | 88 | +12.8% |
Summary: The Flushing real estate market had 88 homes for sale in April 2024, a 12.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 12 | 10 | -16.7% |
3 Bedrooms | 51 | 50 | -2.0% |
4 Bedrooms | 15 | 27 | +80.0% |
5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Flushing housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 16.7%, 3 bedroom homes decreased by 2%, 4 bedroom homes increased by 80%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
21 | 28 | +33.3% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Summary: A total of 28 homes were sold or pending in Flushing in April 2024, up by 33.3% month-over-month. Of the 28 sold homes, 46% were sold under asking, 7% were sold at asking, and 46% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
37 Days | 37 Days | -0.8% |
Summary: Homes in Flushing had an average of 37 days on market in Apr 2024, down by 0.8% compared to last year.
Breakdown of Home Sale Times
20 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During April 2024, 28 homes were sold in Flushing; 71% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.