Flint, MI—48503
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Flint, MI
As of Oct '25, the median home price in Flint, MI is $66,000, with a year-over-year change of -3.4%. This indicates that home prices in Flint, MI are decreasing. According to Zillow, the 1-year price projection is 2.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $66,000 | -3.4% |
| Single Family | $66,000 | -2.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $27,000 | -10.0% |
2 Bed | $43,000 | -8.5% |
3 Bed | $77,000 | 0.0% |
4 Bed | $101,000 | 0.0% |
| 5 Bed | $118,000 | -1.7% |
% of Housing Stock
Rental Trends — Flint, MI
As of July '25, Rentcast reports the average rent in Flint, MI is $917, with a year-over-year rent change of -1.1%. Per bedroom, the median rent as of July '25 in Flint, MI is 1-bedrooms: $736, 2-bedrooms: $892, 3-bedrooms: $1,120, 4-bedrooms: $1,450. The most common rental property sizes in Flint, MI are 2-bedroom and 3-bedroom, accounting for 36.0% and 29.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $850 | $917 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $700 | $736 |
| 2 Bed Rent | $800 | $892 |
| 3 Bed Rent | $1,100 | $1,120 |
| 4 Bed Rent | $1,450 | $1,450 |
% of Rental Stock
Property Listings — Flint, MI
As of Oct '25, Realtor.com reports that the median days on market for a home in Flint, MI is 56. This is a increase of 23.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 33.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $78,000 | 14.0% |
Listing Count | 126 | 18.0% |
| Listings as % of Homes | 0.6% | 18.0% |
Days on Market | 56 | 23.0% |
Demographics — Flint, MI
As of the latest ACS Survey released in 2023, Flint, MI has a population of 22,800, which has decreased by -11.9% over the past 5 years. Flint, MI is a moderately popular place for families, as children make up 22.6% of the population. The area has a poorly educated workforce, with 18.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 22,800 | -11.9% |
% Under 18 | 22.6% | -3.8% |
% Seniors | 13.6% | 0.0% |
% WFH | 9.9% | 120.0% |
% w/ College Degree | 18.3% | -10.7% |
As of the latest ACS Survey released in 2023, Flint, MI is a predominantly black area, with 55.6% of the population identifying as black. The black population has grown by 15.8% in the last 5 years. The second most common race or ethnicity in Flint, MI is white, making up 36.4% of the population. Foreign-born residents account for 4.8% of the population in Flint, MI, and this percentage has increased by 108.7% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 36.4% | -16.7% |
% Black | 55.6% | 15.8% |
% Hispanic | 2.6% | 8.3% |
% Asian | 0.9% | 28.6% |
% Foreign Born | 4.8% | 108.7% |
Mortgage and Risk — Flint, MI
According to HUD data as of 2023, there were 236 mortgage originations in Flint, MI, of which 63.0% of loans were conventional mortgages. The average loan-to-value was 77.0%, with 43.0% above 90% LTV (very high). This implies large mortgage risk in Flint, MI. Investor activity is low, as 3.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 236 |
% Conventional Loans | 63.0% |
% Government Loans | 37.0% |
% Investor Loans | 3.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Flint, MI
As of 2024, the percent of homes in Flint, MI under the Section 8 program is 19.9%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Flint, MI, because HUD payments exceed market rent, while 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 1,457 |
Total Units Section 8 | 1,089 |
% Rentals under Section 8 | 19.9% |
% Occupied Section 8 | 87.7% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $70 | $700 | $770 |
| 2 Bedroom | $160 | $800 | $960 |
| 3 Bedroom | $90 | $1,100 | $1,190 |
| 4 Bedroom | -$120 | $1,450 | $1,330 |
Affordability — Flint, MI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1.5 |
| Median Home Price | $66,000 |
| Median Household Income | $40,200 |