Is Flushing Charter Township, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Flushing Charter Township is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Flushing Charter Township has remained a Seller's Market.

Key Takeaway

Flushing Charter Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Flushing Charter Township, MI

How much do homes in Flushing Charter Township, 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 Charter Township have sold for 5% more than they did a year ago.

Summary: The median home sold price in Flushing Charter Township 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

# BEDSOct 2023Oct 2024CHANGE
1 -$93K
N/A
2 $147.9K$200K
+35.2%
3 $204.5K$225K
+10.0%
4 $260K$265K
+1.9%
5+ $384K$343.7K
-10.5%

Summary: Flushing Charter Township 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

Vienna Charter Township
+7.1%
Flushing Charter Township
+5.0%
Flushing
+5.0%
Montrose Charter Township
0.2%
Mount Morris Township
-1.2%

Housing Supply in Flushing Charter Township, MI

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

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
80101+26.3%

Summary: The Flushing Charter Township 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

# BEDSSep 2024Oct 2024CHANGE
1 12
+100.0%
2 710
+42.9%
3 4964
+30.6%
4 1820
+11.1%
5+ 55
0.0%

Summary: The Flushing Charter Township 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 2024Oct 2024CHANGE
2221-4.5%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Flushing Charter Township, 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 Charter Township 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 Charter Township, MI

How long does it take to sell a home in Flushing Charter Township, MI?

Average Sale Time

Oct 2023Oct 2024CHANGE
21 Days36 Days+73.5%

Summary: Homes in Flushing Charter Township 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

Breakdown of Home Sale Times

Key Takeaway

Many homes in Flushing Charter Township are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 21 homes were sold in Flushing Charter Township; 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.

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 Flushing Charter Township, MI

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