Flushing, MI Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q3 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2018 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Flushing Housing Market Information

With 7,880 people, 1,871 houses or apartments, and a median cost of homes of $130,222, house prices in Flushing are solidly below the national average.

Single-family detached homes are the single most common housing type in Flushing, accounting for 76.87% of the city's housing units. Other types of housing that are prevalent in Flushing include row houses and other attached homes ( 8.16%), large apartment complexes or high rise apartments ( 7.70%), and a few mobile homes or trailers ( 4.47%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Flushing. Owner-occupied housing accounts for 81.82% of Flushing's homes, and 68.89% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Flushing built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Flushing built between 1940-1969 ( 32.92%). A lesser amount of the housing stock also hails from between 2000 and later ( 9.57%). There's also some housing in Flushing built before 1939 ( 8.31%).

Flushing Home Appreciation Rates

Appreciation rates for homes in Flushing have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 47.27%, which ranks in the top 30% nationwide. This equates to an annual average Flushing house appreciation rate of 3.95%.

Over the last year, Flushing appreciation rates have trailed the rest of the nation. In the last twelve months, Flushing's appreciation rate has been 3.49%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Flushing were at 1.61%, which equates to an annual appreciation rate of 6.58%.

Relative to Michigan, our data show that Flushing's latest annual appreciation rate is lower than 60% of the other cities and towns in Michigan.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Flushing differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Flushing - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Flushing real estate investment or home purchase decisions.

Average Home Values

 
info

Median Home Value:
$130,222

Flushing, MI HOME PRICES

> $1,221,000
0.0%
0.0%
$917,001 - $1,221,000
0.5%
0.5%
$611,001 - $917,000
0.0%
0.0%
$489,001 - $611,000
0.8%
0.8%
$367,001 - $489,000
1.2%
1.2%
$244,001 - $367,000
6.2%
6.2%
$122,001 - $244,000
56.9%
56.9%
$61,001 - $122,000
27.0%
27.0%
$0 - $61,000
7.3%
7.3%
0.0% 100.0%
% OF HOMES
Value Relative To State

Low for Nation

Low for MI

Value Relative To Nation

Number Of Homes And Apartments:
1,871

Flushing Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
MI*
Compared To
America*
Latest Quarter:
2020 Q2 - 2020 Q3
Last 12 Months:
2019 Q3 - 2020 Q3
Last 2 Years:
2018 Q3 - 2020 Q3
Last 5 Years:
2015 Q3 - 2020 Q3
Last 10 Years:
2010 Q3 - 2020 Q3
Since 2000:
2000 Q1 - 2020 Q3
9.34% 0.43%
2
1
* 10 is highest

Rent & Ownership

 
info

Average Market Rent:
$970 / per month

Homeownership Rate

Owners
81.8%
81.8%
Renters
18.2%
18.2%
Vacant
5.4%
5.4%
0.0% 100.0%
% OF HOMES

Housing Market Details

 
info

Age of Homes

2000 or Newer
9.6%
9.6%
1970 - 1999
49.2%
49.2%
1940 - 1969
32.9%
32.9%
1939 or Older
8.3%
8.3%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
76.9%
76.9%
Townhomes
8.2%
8.2%
Small Apt. Buildings
2.8%
2.8%
Apt. Complexes
7.7%
7.7%
Mobile Homes
4.5%
4.5%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
0.7%
0.7%
1 Bedroom
4.1%
4.1%
2 Bedrooms
21.4%
21.4%
3 Bedrooms
51.0%
51.0%
4 Bedrooms
17.9%
17.9%
5 or more bedrooms
4.8%
4.8%
0.0% 100.0%
% OF HOMES