Flint, MI—48504
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 $44,000, with a year-over-year change of -6.4%. This indicates that home prices in Flint, MI are decreasing. According to Zillow, the 1-year price projection is 1.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $44,000 | -6.4% |
| Single Family | $44,000 | -4.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $32,000 | -8.6% |
3 Bed | $43,000 | -6.5% |
4 Bed | $62,000 | -4.6% |
| 5 Bed | $74,000 | 0.0% |
% of Housing Stock
Rental Trends — Flint, MI
As of July '25, Rentcast reports the average rent in Flint, MI is $939, with a year-over-year rent change of 3.1%. Per bedroom, the median rent as of July '25 in Flint, MI is 1-bedrooms: $500, 2-bedrooms: $816, 3-bedrooms: $961, 4-bedrooms: $1,270. The most common rental property sizes in Flint, MI are 3-bedroom and 2-bedroom, accounting for 41.6% and 38.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $900 | $939 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $500 | $500 |
| 2 Bed Rent | $750 | $816 |
| 3 Bed Rent | $921 | $961 |
| 4 Bed Rent | $1,300 | $1,270 |
% 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 57. This is a increase of 4.0% 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 34.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $57,400 | 2.0% |
Listing Count | 101 | -13.0% |
| Listings as % of Homes | 0.8% | -13.0% |
Days on Market | 57 | 4.0% |
Demographics — Flint, MI
As of the latest ACS Survey released in 2023, Flint, MI has a population of 23,900, which has decreased by -12.7% over the past 5 years. Flint, MI is a popular place for families, as children make up 26.6% of the population. The area has a poorly educated workforce, with 12.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 23,900 | -12.7% |
% Under 18 | 26.6% | 5.6% |
% Seniors | 14.0% | -4.1% |
% WFH | 6.7% | 179.2% |
% w/ College Degree | 12.2% | 13.0% |
As of the latest ACS Survey released in 2023, Flint, MI is a predominantly black area, with 66.1% of the population identifying as black. The black population has shrunk by 0.5% in the last 5 years. The second most common race or ethnicity in Flint, MI is white, making up 24.1% of the population. Foreign-born residents account for 2.9% of the population in Flint, MI, and this percentage has increased by 61.1% 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 | 24.1% | -6.9% |
% Black | 66.1% | -0.5% |
% Hispanic | 4.6% | 27.8% |
% Asian | 1.3% | 1,200.0% |
% Foreign Born | 2.9% | 61.1% |
Mortgage and Risk — Flint, MI
According to HUD data as of 2023, there were 144 mortgage originations in Flint, MI, of which 59.0% of loans were conventional mortgages. The average loan-to-value was 80.0%, with 48.0% above 90% LTV (very high). This implies large mortgage risk in Flint, MI. Investor activity is low, as 6.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 144 |
% Conventional Loans | 59.0% |
% Government Loans | 41.0% |
% Investor Loans | 6.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Flint, MI
As of 2024, the percent of homes in Flint, MI under the Section 8 program is 12.0%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Flint, MI, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 665 |
Total Units Section 8 | 495 |
% Rentals under Section 8 | 12.0% |
% Occupied Section 8 | 80.8% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $300 | $500 | $800 |
| 2 Bedroom | $230 | $750 | $980 |
| 3 Bedroom | $289 | $921 | $1,210 |
| 4 Bedroom | $90 | $1,300 | $1,390 |
Affordability — Flint, MI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1.1 |
| Median Home Price | $44,000 |
| Median Household Income | $36,700 |