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Flint, MI—48505

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$32,000
9.6% YoY Growth
Household Income
$31,500
21.4% YoY Growth
Days on Market
57
31.0% Shorter YoY
Home Price Forecast
0.0%
Median Rent
$816
0.2% YoY Growth
1-Bed Rent
$600
N/A
2-Bed Rent
$800
1.3% YoY Growth
3-Bed Rent
$900
6.0% YoY Growth

Other Zip Codes in Flint, MI

485044850348532485074850648502
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Flint, MI

As of May '26, the median home price in Flint, MI is $32,000, with a year-over-year change of -9.6%. This indicates that home prices in Flint, MI are decreasing. According to Zillow, the 1-year price projection is 0.0%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$32,000-9.6%
Single Family $32,000-8.6%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$25,000-7.4%
    3 Bed
    		$35,000-5.4%
    4 Bed
    		$37,000-11.9%
    5 Bed $39,256-11.2%
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    % of Housing Stock

    Studio
    0.7%
    1 Bedroom
    2.9%
    2 Bedrooms
    36.0%
    3 Bedrooms
    49.9%
    4 Bedrooms
    8.6%
    5+ Bedrooms
    1.8%

    Rental Trends — Flint, MI

    As of July '25, Rentcast reports the average rent in Flint, MI is $810, with a year-over-year rent change of -0.2%. Per bedroom, the median rent as of July '25 in Flint, MI is 1-bedrooms: $600, 2-bedrooms: $775, 3-bedrooms: $925, 4-bedrooms: $650. The most common rental property sizes in Flint, MI are 3-bedroom and 2-bedroom, accounting for 44.6% and 39.1% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$816$810
    Studio Rent N/AN/A
    1 Bed Rent $600$600
    2 Bed Rent $800$775
    3 Bed Rent $900$925
    4 Bed Rent $650$650
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    % of Rental Stock

    Studio
    1.3%
    1 Bedroom
    4.9%
    2 Bedrooms
    39.1%
    3 Bedrooms
    44.6%
    4 Bedrooms
    8.6%
    5+ Bedrooms
    1.5%

    Property Listings — Flint, MI

    As of May '26, Realtor.com reports that the median days on market for a home in Flint, MI is 57. This is a decrease of -31.0% 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 31.0%, representing a large inventory and a lot of supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$27,500-35.0%
    Listing Count
    		65-13.0%
    Listings as % of Homes0.4%-13.0%
    Days on Market
    		57-31.0%
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    Demographics — Flint, MI

    As of the latest ACS Survey released in 2023, Flint, MI has a population of 18,100, which has decreased by -12.5% over the past 5 years. Flint, MI is a popular place for families, as children make up 26.3% of the population. The area has a poorly educated workforce, with 9.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.7% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		18,100-12.5%
    % Under 18
    		26.3%-1.1%
    % Seniors
    		16.3%7.2%
    % WFH
    		7.7%755.6%
    % w/ College Degree
    		9.5%30.1%
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    As of the latest ACS Survey released in 2023, Flint, MI is a predominantly black area, with 79.6% of the population identifying as black. The black population has grown by 0.5% in the last 5 years. The second most common race or ethnicity in Flint, MI is white, making up 11.4% of the population. Foreign-born residents account for 0.9% of the population in Flint, MI, and this percentage has increased by 12.5% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		11.4%-8.1%
    % Black
    		79.6%0.5%
    % Hispanic
    		3.4%-2.9%
    % Asian
    		0.1%0.0%
    % Foreign Born
    		0.9%12.5%
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    Mortgage and Risk — Flint, MI

    According to HUD data as of 2023, there were 45 mortgage originations in Flint, MI, of which 64.0% of loans were conventional mortgages. The average loan-to-value was 75.0%, with 27.0% above 90% LTV (very high). This implies large mortgage risk in Flint, MI. Investor activity is low, as 7.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		45
    % Conventional Loans
    		64.0%
    % Government Loans
    		36.0%
    % Investor Loans
    		7.0%
    % Second Loans
    		2.0%
    % Cash Out Refinance
    		11.0%
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    Rentals and Section 8 — Flint, MI

    As of 2024, the percent of homes in Flint, MI under the Section 8 program is 20.2%. 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. 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
    		1,006
    Total Units Section 8
    		792
    % Rentals under Section 8
    		20.2%
    % Occupied Section 8
    		84.5%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom$170$600$770
    2 Bedroom$160$800$960
    3 Bedroom$290$900$1,190
    4 Bedroom$670$650$1,320

    Affordability — Flint, MI

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio0.9
    Median Home Price$32,000
    Median Household Income$31,500

    Flint, MI — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Mount Morris, MI

    48458

    Flint, MI

    48502

    Flint, MI

    48503

    Flint, MI

    48504

    Flint, MI

    48506

    Frequently Asked Questions