Flushing, MI—48433
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Flushing, MI
As of Oct '25, the median home price in Flushing, MI is $231,000, with a year-over-year change of 4.5%. This indicates that home prices in Flushing, MI are increasing. According to Zillow, the 1-year price projection is 1.9%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $231,000 | 4.5% |
| Single Family | $232,000 | 5.0% |
| Condos | $212,000 | 6.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $185,000 | 5.1% |
3 Bed | $232,000 | 4.5% |
4 Bed | $280,000 | 4.5% |
| 5 Bed | $365,000 | 4.3% |
% of Housing Stock
Rental Trends — Flushing, MI
As of July '25, Rentcast reports the average rent in Flushing, MI is $1,380, with a year-over-year rent change of 12.2%. Per bedroom, the median rent as of July '25 in Flushing, MI is 1-bedrooms: $808, 2-bedrooms: $1,260, 3-bedrooms: $1,500. The most common rental property sizes in Flushing, MI are 2-bedroom and 1-bedroom, accounting for 37.7% and 28.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,200 | $1,380 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $750 | $808 |
| 2 Bed Rent | $1,200 | $1,260 |
| 3 Bed Rent | $1,450 | $1,500 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Flushing, MI
As of Oct '25, Realtor.com reports that the median days on market for a home in Flushing, MI is 39. This is a decrease of -2.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 45.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $279,000 | 12.0% |
Listing Count | 71 | 7.0% |
| Listings as % of Homes | 0.6% | 7.0% |
Days on Market | 39 | -2.0% |
Demographics — Flushing, MI
As of the latest ACS Survey released in 2023, Flushing, MI has a population of 25,800, which has increased by 1.4% over the past 5 years. Flushing, MI is a moderately popular place for families, as children make up 23.0% of the population. The area has a moderately educated workforce, with 28.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 25,800 | 1.4% |
% Under 18 | 23.0% | 7.5% |
% Seniors | 21.6% | 1.4% |
% WFH | 8.5% | 157.6% |
% w/ College Degree | 28.8% | -0.3% |
As of the latest ACS Survey released in 2023, Flushing, MI is a predominantly white area, with 85.1% of the population identifying as white. The white population has shrunk by 2.3% in the last 5 years. The second most common race or ethnicity in Flushing, MI is hispanic, making up 4.5% of the population. Foreign-born residents account for 2.7% of the population in Flushing, MI, and this percentage has decreased by 30.8% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 85.1% | -2.3% |
% Black | 4.3% | -12.2% |
% Hispanic | 4.5% | 7.1% |
% Asian | 0.7% | -30.0% |
% Foreign Born | 2.7% | -30.8% |
Mortgage and Risk — Flushing, MI
According to HUD data as of 2023, there were 473 mortgage originations in Flushing, MI, of which 74.0% of loans were conventional mortgages. The average loan-to-value was 66.0%, with 37.0% above 90% LTV (very high). This implies large mortgage risk in Flushing, MI. Investor activity is low, as 1.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 473 |
% Conventional Loans | 74.0% |
% Government Loans | 26.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Flushing, MI
Flushing, MI lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 190 |
Total Units Section 8 | 190 |
% Rentals under Section 8 | 12.2% |
% Occupied Section 8 | 90.5% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $120 | $750 | $870 |
| 2 Bedroom | -$140 | $1,200 | $1,060 |
| 3 Bedroom | -$140 | $1,450 | $1,310 |
| 4 Bedroom | N/A | N/A | $1,500 |
Affordability — Flushing, MI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.5 |
| Median Home Price | $231,000 |
| Median Household Income | $81,300 |