Flint, MI—48507
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 $106,000, with a year-over-year change of 1.7%. This indicates that home prices in Flint, MI are increasing. According to Zillow, the 1-year price projection is 2.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $106,000 | 1.7% |
| Single Family | $104,000 | 2.0% |
| Condos | $119,000 | 5.3% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $31,000 | -6.1% |
2 Bed | $50,000 | -3.8% |
3 Bed | $115,000 | 3.6% |
4 Bed | $173,000 | 6.1% |
| 5 Bed | $183,000 | 0.5% |
% of Housing Stock
Rental Trends — Flint, MI
As of July '25, Rentcast reports the average rent in Flint, MI is $997, with a year-over-year rent change of 8.7%. Per bedroom, the median rent as of July '25 in Flint, MI is studios: $845, 1-bedrooms: $738, 2-bedrooms: $928, 3-bedrooms: $1,170. The most common rental property sizes in Flint, MI are 2-bedroom and 3-bedroom, accounting for 49.3% and 26.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $875 | $997 |
| Studio Rent | $845 | $845 |
| 1 Bed Rent | $700 | $738 |
| 2 Bed Rent | $833 | $928 |
| 3 Bed Rent | $1,150 | $1,170 |
| 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 39. This is a decrease of -6.0% 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 39.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $87,900 | 17.0% |
Listing Count | 123 | -9.0% |
| Listings as % of Homes | 0.6% | -9.0% |
Days on Market | 39 | -6.0% |
Demographics — Flint, MI
As of the latest ACS Survey released in 2023, Flint, MI has a population of 28,600, which has decreased by -7.6% over the past 5 years. Flint, MI is a moderately popular place for families, as children make up 23.5% of the population. The area has a poorly educated workforce, with 14.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 28,600 | -7.6% |
% Under 18 | 23.5% | 3.5% |
% Seniors | 15.4% | 5.5% |
% WFH | 7.9% | 229.2% |
% w/ College Degree | 14.7% | 3.5% |
As of the latest ACS Survey released in 2023, Flint, MI is a predominantly white area, with 58.7% of the population identifying as white. The white population has shrunk by 13.2% in the last 5 years. The second most common race or ethnicity in Flint, MI is black, making up 28.8% of the population. Foreign-born residents account for 1.0% of the population in Flint, MI, and this percentage has decreased by 54.5% 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 | 58.7% | -13.2% |
% Black | 28.8% | 4.0% |
% Hispanic | 4.7% | 147.4% |
% Asian | 0.6% | 0.0% |
% Foreign Born | 1.0% | -54.5% |
Mortgage and Risk — Flint, MI
According to HUD data as of 2023, there were 461 mortgage originations in Flint, MI, of which 66.0% of loans were conventional mortgages. The average loan-to-value was 74.0%, with 43.0% above 90% LTV (very high). This implies large mortgage risk in Flint, MI. Investor activity is low, as 1.0% 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 | 461 |
% Conventional Loans | 66.0% |
% Government Loans | 34.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 9.0% |
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 | 822 |
Total Units Section 8 | 818 |
% Rentals under Section 8 | 14.8% |
% Occupied Section 8 | 78.9% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $100 | $700 | $800 |
| 2 Bedroom | $147 | $833 | $980 |
| 3 Bedroom | $60 | $1,150 | $1,210 |
| 4 Bedroom | N/A | N/A | $1,390 |
Affordability — Flint, MI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2 |
| Median Home Price | $106,000 |
| Median Household Income | $47,200 |