Flint, MI—48506
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 $81,000, 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 1.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $81,000 | -3.4% |
| Single Family | $81,000 | -2.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $25,000 | -10.7% |
2 Bed | $31,000 | -11.4% |
3 Bed | $77,000 | -2.5% |
4 Bed | $109,000 | 0.9% |
| 5 Bed | $93,000 | 4.5% |
% of Housing Stock
Rental Trends — Flint, MI
As of July '25, Rentcast reports the average rent in Flint, MI is $867, with a year-over-year rent change of 4.1%. Per bedroom, the median rent as of July '25 in Flint, MI is 1-bedrooms: $688, 2-bedrooms: $828, 3-bedrooms: $950. The most common rental property sizes in Flint, MI are 3-bedroom and 2-bedroom, accounting for 39.3% and 38.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $850 | $867 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $650 | $688 |
| 2 Bed Rent | $850 | $828 |
| 3 Bed Rent | $950 | $950 |
| 4 Bed Rent | N/A | N/A |
% 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 52. This is a increase of 27.0% 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 30.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $93,500 | 46.0% |
Listing Count | 113 | 18.0% |
| Listings as % of Homes | 0.5% | 18.0% |
Days on Market | 52 | 27.0% |
Demographics — Flint, MI
As of the latest ACS Survey released in 2023, Flint, MI has a population of 24,500, which has decreased by -16.1% over the past 5 years. Flint, MI is a moderately popular place for families, as children make up 23.7% of the population. The area has a poorly educated workforce, with 8.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 24,500 | -16.1% |
% Under 18 | 23.7% | -3.7% |
% Seniors | 14.1% | 16.5% |
% WFH | 5.6% | 194.7% |
% w/ College Degree | 8.9% | 18.7% |
As of the latest ACS Survey released in 2023, Flint, MI is a predominantly white area, with 76.0% of the population identifying as white. The white population has shrunk by 0.5% in the last 5 years. The second most common race or ethnicity in Flint, MI is black, making up 9.4% of the population. Foreign-born residents account for 2.6% of the population in Flint, MI, and this percentage has increased by 52.9% 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 | 76.0% | -0.5% |
% Black | 9.4% | -12.1% |
% Hispanic | 8.3% | 18.6% |
% Asian | 0.2% | 0.0% |
% Foreign Born | 2.6% | 52.9% |
Mortgage and Risk — Flint, MI
According to HUD data as of 2023, there were 338 mortgage originations in Flint, MI, of which 68.0% of loans were conventional mortgages. The average loan-to-value was 73.0%, with 37.0% above 90% LTV (very high). This implies large mortgage risk in Flint, MI. Investor activity is low, as 2.0% 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 | 338 |
% Conventional Loans | 68.0% |
% Government Loans | 32.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Flint, MI
Flint, MI lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 451 |
Total Units Section 8 | 434 |
% Rentals under Section 8 | 7.3% |
% Occupied Section 8 | 82.5% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $140 | $650 | $790 |
| 2 Bedroom | $120 | $850 | $970 |
| 3 Bedroom | $250 | $950 | $1,200 |
| 4 Bedroom | N/A | N/A | $1,370 |
Affordability — Flint, MI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1.6 |
| Median Home Price | $81,000 |
| Median Household Income | $44,400 |