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 October 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

$79,179

$72/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$2,148(-2.6%)

Key Takeaway

Homes in Flint have sold for 2.6% less than they did a year ago.

Summary: The median home sold price in Flint was $79,179 in October 2024, down 2.6% from last year, and the median price per square foot was $72.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $37K$18.5K
-50.0%
2 $41.5K$45.3K
+9.2%
3 $90.3K$84.9K
-5.9%
4 $136K$150K
+10.3%
5+ $217K$185K
-14.7%

Summary: Flint housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 9.2%, 3 bedroom homes decreased by 5.9%, 4 bedroom homes increased by 10.3%, and 5+ bedroom homes decreased by 14.7%.

Median Sold Price Compared To Nearby Cities

Burton
+2.1%
Mount Morris Township
-1.2%
Flint Charter Township
-2.3%
Flint
-2.6%
Genesee Charter Township
-4.3%

Housing Supply in Flint, MI

How many homes are available in Flint, MI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
562616+9.6%

Summary: The Flint real estate market had 616 homes for sale in October 2024, a 9.6% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 76
-14.3%
2 163186
+14.1%
3 305328
+7.5%
4 6873
+7.4%
5+ 1923
+21.1%

Summary: The Flint housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 14.3%, 2 bedroom homes increased by 14.1%, 3 bedroom homes increased by 7.5%, 4 bedroom homes increased by 7.4%, and 5+ bedroom homes increased by 21.1%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
128124-3.1%

Asking Price vs. Sold Price

73 Homes Were Sold
Under Asking

20 Homes Were Sold
At Asking

31 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. 58.9% of homes here sold below asking price last month.

Summary: A total of 124 homes were sold or pending in Flint in October 2024, down by 3.1% month-over-month. Of the 124 sold homes, 59% were sold under asking, 16% were sold at asking, and 25% 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

Oct 2023Oct 2024CHANGE
36 Days41 Days+12.1%

Summary: Homes in Flint had an average of 41 days on market in Oct 2024, up by 12.1% compared to last year.

Breakdown of Home Sale Times

74 Homes Were Sold
Under 30 Days

31 Homes Were Sold
In 30 - 90 Days

19 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 October 2024, 124 homes were sold in Flint; 60% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 15% 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 20 Days Ago

Newest Listings in Flint, MI

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