$2,375 Closing Credit*
$200,000
1,584 SqFt
4 Beds
•1 Full Bath, 1 Partial
Sheri L Gullion, Listing Office: Real Estate For A CAUSE
Is Flushing, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Flushing has remained a Seller's Market.
Key Takeaway
Flushing is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Flushing, MI
How much do homes in Flushing, MI cost?
Median Sold Price
$225,750
$150/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$10,750(+5.0%)
Key Takeaway
Homes in Flushing have sold for 5% more than they did a year ago.
Summary: The median home sold price in Flushing was $225,750 in October 2024, up 5% from last year, and the median price per square foot was $150.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $93K | N/A |
| 2 Bedrooms | $147.9K | $200K | +35.2% |
| 3 Bedrooms | $204.5K | $225K | +10.0% |
| 4 Bedrooms | $260K | $265K | +1.9% |
| 5+ Bedrooms | $384K | $343.7K | -10.5% |
Summary: Flushing housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 35.2%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 1.9%, and 5+ bedroom homes decreased by 10.5%.
Median Sold Price Compared To Nearby Cities
| Flushing | $215K | $225.7K | +5.0% |
| Flushing Charter Township | $215K | $225.7K | +5.0% |
| Mount Morris Township | $130K | $128.5K | -1.2% |
Housing Supply in Flushing, MI
How many homes are available in Flushing, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 80 | 101 | +26.3% |
Summary: The Flushing real estate market had 101 homes for sale in October 2024, a 26.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 7 | 10 | +42.9% |
| 3 Bedrooms | 49 | 64 | +30.6% |
| 4 Bedrooms | 18 | 20 | +11.1% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Flushing housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 42.9%, 3 bedroom homes increased by 30.6%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 22 | 21 | -4.5% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Flushing, you may be able to get a good deal. 47.6% of homes here sold below asking price last month.
Summary: A total of 21 homes were sold or pending in Flushing in October 2024, down by 4.5% month-over-month. Of the 21 sold homes, 48% were sold under asking, 19% were sold at asking, and 33% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 21 Days | 36 Days | +73.5% |
Summary: Homes in Flushing had an average of 36 days on market in Oct 2024, up by 73.5% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Flushing are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 21 homes were sold in Flushing; 86% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
