Flint Michigan Real Estate
In General Motors "heyday, Flint, Michigan, was a middle-class dream: residents had their own yards and access to a high-quality public school system. Flint, however, went down a path that made it one of the poorest cities in the United States. The city of Flint lost its population from an estimated 98,000 today to just over 80,500 in 2010, according to the U.S. Department of Housing and Urban Development (HUD). Flint was the precursor to the collapse of Michigan's largest city Detroit in 2008 and has since been lost to other Michigan cities and counties.
House prices in Flint range from $1,000 to $2,500 per square foot, according to the U.S. Department of Housing and Urban Development.
Flint is roughly half the size of Michigan in terms of property taxes paid per homeowner in the region, and ranks in the top 10 largest cities in Michigan in terms of median property taxes, according to the US Department of Housing and Urban Development. Flint has the second highest median property price per square foot of all metro areas, at $2,871, and has a median property tax rate of $1,071, while the Grand Blanc, pictured, is the third largest city with the lowest median property price, at $3,091. Rental prices ($871 in Flint) are also 21.6% lower, offering a more frequent distribution of home prices within the area compared to Michigan State. This is useful for understanding affordable housing funds, as it also shows the number of apartments for sale in a particular area of Flint, compared to those in other metro areas, but is not included in this report. Flint is fourth in property tax rates - the most expensive city for homeowners, with a median property tax of $2,381 and Flint about twice as big.
Flint is represented as having a "no mortgage" rate of 24%, which is above the national average of 18% and lower than Michigan State. Flint has the second highest percentage of homeowners with a mortgage of more than $1,000, while it has the lowest rate of mortgages (15%), the highest of all Michigan metro stations and the third highest in the state.
Compared to Michigan, the data show that Flint's recent annual rate of appreciation is 2.5%, higher than the national average of 2% and lower than Michigan State's.
Although the situation in the Flint real estate market is improving, he still has a long way to go before it improves. If you want to work with a professional, it is very easy to contact an estate agent in Flint, MI. On Homes.com, where all MI agents are listed, you will find the perfect agent to help you buy or sell your home. Learn more about Flint real estate agents in Michigan and Michigan State who can help you with your real estate needs.
If you look at the MLS listings in Detroit, MI on Realtor.com (r), get an overview of the area and use our detailed property filters to find the perfect location for you. Take a virtual tour of real estate and stay up to date with the latest news, listings and other information on the market by simply saving your search. You will also receive daily and weekly emails of your choice from Point2 with new ads that meet your criteria as long as they are in the Flint area. These are the results we've looked at, but you can also take them to the next level by looking at all the ads from Flint, Michigan and Michigan State.
With Point2 you can easily browse through the pages and quickly get a general overview of property prices. Get access to property descriptions, photos, demographics and statistics, including property description, photo, demographic statistics and more.
If you're thinking of selling your Flint home, try our apartment listing service - it starts at $449 and can save you up to $15,000 in real estate commissions. Point2 allows you to save without paying the traditional 6% commission that most estate agencies charge. It offers the same global presence, but you save by paying a flat fee instead of the $6 commission charged by most estate agents.
With over 66,000 properties for sale, RE - MAX Michigan is the leader in Michigan real estate. Whether you are looking to buy or sell a home in Flint, Grand Rapids, Ann Arbor or any other city in the state, Steve Grant Real Estate offers a wide range of options for buyers and sellers in your area. Realty.com is your contact - you will find information on buying and selling houses, refinancing options for buyers and sellers, and connections to the leading real estate agents in our region! As a licensed broker for Michigan and the United States, Movoto has the latest real estate data, including lower home prices, recently purchased homes and new sales.