Flint, MI—48505
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 $29,000, with a year-over-year change of -10.5%. This indicates that home prices in Flint, MI are decreasing. According to Zillow, the 1-year price projection is -0.4%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $29,000 | -10.5% |
| Single Family | $29,000 | -9.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $23,000 | -8.0% |
3 Bed | $31,000 | -8.8% |
4 Bed | $33,000 | -15.4% |
| 5 Bed | $34,000 | -5.6% |
% of Housing Stock
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.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $816 | $810 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $600 | $600 |
| 2 Bed Rent | $800 | $775 |
| 3 Bed Rent | $900 | $925 |
| 4 Bed Rent | $650 | $650 |
% 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 103. This is a increase of 38.0% 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 14.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $46,000 | 43.0% |
Listing Count | 88 | 34.0% |
| Listings as % of Homes | 0.4% | 34.0% |
Days on Market | 103 | 38.0% |
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.
| Metric | Latest Census | YoY % 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% |
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
| Metric | Latest Census | 5-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% |
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
| Metric | Zip 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% |
Loan Activity
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 Size | HUD Premium | Market Rent | Max 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
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 0.8 |
| Median Home Price | $29,000 |
| Median Household Income | $31,500 |