Is Flat Rock, MI 48134 a buyer’s or seller’s market?
Flat Rock is a seller’s market. With about 2.1 months of supply and 51% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
Months of supply2.1Under 4 months = seller’s market
Sold above original list50.9%Share of sales, last 3 months
Median sale-to-list100.9%Sold price ÷ list price
Median days on market14Listing to accepted offer
Median price per sq ft$183▲ +4.0% vs. last year
Run the numbers for 48134
Nearby markets
Allen Park 48101Seller’s market $145 /sq ftBelleville 48111Seller’s market $184 /sq ftCanton 48187Seller’s market $196 /sq ftCanton 48188Seller’s market $192 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology