Is Flint, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Flint is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Flint was a Seller's Market.

Key Takeaway

Flint is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Flint, MI

How much do homes in Flint, MI cost?

Median Sold Price

$78,172

$61/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$1,727(-2.2%)

Key Takeaway

Homes in Flint have sold for 2.2% less than they did a year ago.

Summary: The median home sold price in Flint was $78,172 in November 2024, down 2.2% from last year, and the median price per square foot was $61.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $26K$18.5K
-28.8%
2 $43.6K$44.9K
+2.8%
3 $87K$85K
-2.3%
4 $125K$150K
+20.0%
5+ $209K$150K
-28.2%

Summary: Flint housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 28.8%, 2 bedroom homes increased by 2.8%, 3 bedroom homes decreased by 2.3%, 4 bedroom homes increased by 20%, and 5+ bedroom homes decreased by 28.2%.

Median Sold Price Compared To Nearby Cities

Burton
+1.7%
Flint Charter Township
-0.7%
Flint
-2.2%
Mount Morris Township
-3.4%
Genesee Charter Township
-6.0%

Housing Supply in Flint, MI

How many homes are available in Flint, MI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
636645+1.4%

Summary: The Flint real estate market had 645 homes for sale in November 2024, a 1.4% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 54
-20.0%
2 195198
+1.5%
3 331350
+5.7%
4 7969
-12.7%
5+ 2624
-7.7%

Summary: The Flint housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes increased by 1.5%, 3 bedroom homes increased by 5.7%, 4 bedroom homes decreased by 12.7%, and 5+ bedroom homes decreased by 7.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
14297-31.7%

Asking Price vs. Sold Price

57 Homes Were Sold
Under Asking

24 Homes Were Sold
At Asking

16 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. 58.8% of homes here sold below asking price last month.

Summary: A total of 97 homes were sold or pending in Flint in November 2024, down by 31.7% month-over-month. Of the 97 sold homes, 59% were sold under asking, 25% were sold at asking, and 16% 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

Nov 2023Nov 2024CHANGE
39 Days41 Days+5.8%

Summary: Homes in Flint had an average of 41 days on market in Nov 2024, up by 5.8% compared to last year.

Breakdown of Home Sale Times

60 Homes Were Sold
Under 30 Days

24 Homes Were Sold
In 30 - 90 Days

13 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 November 2024, 97 homes were sold in Flint; 62% of homes were sold within 30 days, 25% 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 21 Days Ago

Newest Listings in Flint, MI

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