Foreclosure Homes in Flat Rock, MI

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4 View this home at Warren Dr Brownstown MI 48134

3 Bed | 2 Bath | 2,476 Sq. Ft.

4 View this home at Sheeks Blvd S Flat Rock MI 48134
$128,055 EMV

2 Bed | 1 Bath

View this home at Port Creek Rd Flat Rock MI 48134
Bankruptcy NEW
$392,241 EMV
View this home at Boxwood Flat Rock MI 48134
View this home at Mayfair St Flat Rock MI 48134
View this home at Alicia St Flat Rock MI 48134
$295,636 EMV

3 Bed | 1.5 Bath | 2,056 Sq. Ft.

View this home at Teton Ln Flat Rock MI 48134
View this home at Walter Dr Brownstown MI 48134
View this home at Olmstead Rd Flat Rock MI 48134
$365,670 EMV
View this home at Tanglewood St Flat Rock MI 48134
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Flat Rock, MI Foreclosures

How much do homes sell for in Flat Rock, MI?
The average home price is currently $295,882.
In Flat Rock, MI, how many homes are available?
There are currently 6,585 active home listings available in Flat Rock.
What’s the average rental cost in Flat Rock, MI?
The average rental price in Flat Rock is $1,386.
What is the most expensive home in Flat Rock, Michigan?
The most expensive home sold in Flat Rock had a price of $1,199,688.
What is currently the cheapest priced home in Flat Rock, MI?
The cheapest home for sale in Flat Rock is priced at $18,732.

Home Value Estimator For Flat Rock, MI

There are currently 6,585 real estate properties in Flat Rock, MI, with a median automated valuation model (AVM) price of $296,250.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Flat Rock, MI, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Flat Rock, MI, is $295,882.00, with the most expensive house in Flat Rock, MI, topping out at $1,199,688.00 and the cheapest home in Flat Rock, MI, clocking in at $18,732.00. In other words, there’s something for every potential homebuyer or savvy investor in Flat Rock, MI!

Rent Prices In Flat Rock, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Flat Rock, MI, is on a rollercoaster ride. The average rent price in Flat Rock, MI, is $1,386.00. Indeed, when looking to rent in Flat Rock, MI, you can expect to pay as little as $650.00 or as much as $2,220.00, with the average rent median estimated to be $1,400.00. The good news is that finding an affordable and desirable property to rent in Flat Rock, MI -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Top Reasons To Live In Flat Rock, MI In 2024

Flat Rock is located in Wayne, Michigan, with an estimated municipal population of 10,004 residents. All of the best foreclosed homes for sale in Flat Rock are located in the following zip code areas on 48134. The estimated population per square kilometer (.62 miles) in Flat Rock is 590.

Cost Of Living In Flat Rock, MI

So, about how much do homes cost in Flat Rock? The most recent median value of resident-owned homes in Flat Rock is 149,836. An estimated 74.2 percent of households in Flat Rock own their homes, with an average family size of 3.23. The median household income in Flat Rock is 57,080, with27.1 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Flat Rock, the median commute time of resident workers (in minutes) is 25.6. And last, but certainly not least, are you looking for homes to rent in Flat Rock? If so, the average rent price paid by renters in Flat Rock is 829, according to recent statistics.

Diversity And Demographics In Flat Rock, Michigan

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Flat Rock, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Flat Rock is 37.7, split between 49 percent male versus 51 female. The percentage of residents who report being married in Flat Rock is 48, with an average family size of 3.23.

The percentage of residents who report their race in Flat Rock is as follows:

White 90.8%
Black / African American 5.6%
Asian 0.2%
American Indian / Alaskan Native 0.1%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 1.6%
Other 1.7%

Looking for family-friendly neighborhoods in and/or near Flat Rock? Or maybe you are searching for 55+ active adult communities in and/or near Flat Rock?

The percentage of residents who report their age in Flat Rock is as follows:

Under 10 12.8%
Aged 10-19 18%
20s 10.4%
30s 12.3%
40s 13.5%
50s 15%
60s 13.2%
70s 2.4%
80+ 2.4%

Best Schools In Flat Rock, Michigan

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Flat Rock with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Flat Rock.

Pros And Cons Of Living In Flat Rock, Michigan

How do you know that living in -- or moving to -- Flat Rock is right where you need to be? Perhaps you grew up in Flat Rock or already live nearby; therefore, the decision to buy a home in Flat Rock is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Flat Rock for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Flat Rock:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Flat Rock.

Reasons To Move To Flat Rock, Michigan, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Flat Rock can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Flat Rock, meanwhile, can field multiple offers from more qualified buyers.

Flat Rock, MI Foreclosures


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