Flint, Ontario Real Estate Market Data
Updated: Nov 2024
House
| Median price | $500,000 |
| Monthly growth | 1.2% |
| Quarterly trend | 3.5% |
| Stock on market | 0.8% |
Apartment
| Median price | $300,000 |
| Monthly growth | 0.9% |
| Quarterly trend | 2.1% |
| Stock on market | 1.2% |
Prices by Number of Bedrooms
Houses
| Bedrooms | Median Price |
|---|---|
| 2 bedrooms | $400,000 |
| 3 bedrooms | $500,000 |
| 4 bedrooms | $620,000 |
Apartments
| Bedrooms | Median Price |
|---|---|
| 1 bedrooms | $250,000 |
| 2 bedrooms | $350,000 |
| 3 bedrooms | $450,000 |
Demographics
| Current Population (2025) | 15,000 |
| Previous Population (2020) | 14,000 |
| Population Change | 7.1% |
| Total Private Dwellings | 6,000 |
| Occupied Private Dwellings | 5,500 |
| Population Density (per km²) | 1.5 |
| Land Area (km²) | 2,500.5 |
Market Analysis
Current Market Conditions and Trends
The real estate market in Flint, Ontario is currently characterized by steady growth. The median house price stands at $500,000, reflecting a year-over-year increase of 3.5%. This incremental growth suggests a healthy and stable market rather than one that is experiencing rapid inflation or a speculative bubble.
Similarly, the median apartment price in Flint is now at $300,000, marking a more modest annual appreciation of 2.1%. The divergence in growth rates between houses and apartments may indicate a higher demand for single-family homes or potential saturation in the apartment sector.
The local population has reached 15,000 residents, with an impressive growth rate of 7.1%. Such demographic trends can lead to increased housing demand, affecting both rental and purchase markets positively.
Investment Opportunities and Potential
The data indicates promising investment opportunities within Flint’s real estate market. With houses appreciating at a moderate pace, investors might consider single-family homes as reliable assets for capital gains. The consistent increase in property values provides potential for long-term investment returns.
Apartments, while appreciating at a slower rate, could be attractive for investors looking for rental properties, particularly if the demographic expansion translates into higher demand for rental units in the near future. With the current population growth rate outpacing national averages, such investments could yield substantial revenue streams over time.
Future Market Outlook
The future market outlook for Flint appears optimistic based on the present data. Given the solid population growth rate and the steady appreciation of home values, the market shows no signs of immediate downturns or stagnation.
If these trends continue, Flint’s real estate market could see sustained healthy performance. However, investors should monitor economic drivers such as employment rates and local industry health to ensure these positive trends remain supported by strong economic fundamentals.
