Housing in Flint, MI (zipcode 48503) is much more affordable than the US median value at $57,800. The US median value is significantly higher at $338,100. The US 1 year house appreciation rate is 8.27%, while Flint has a lower house appreciation rate of 3.73%. Despite having lower home values and appreciation rates, Flint remains a desirable area to live due to its low cost of living and close proximity to major cities such as Detroit and Grand Rapids.
The median home cost in Flint (zip 48503) is $57,800. Home appreciation the last 10 years has been 115.7%. Home Appreciation in Flint (zip 48503) is up 8.1%.
Average Age of Homes
- The median age of Flint (zip 48503) real estate is 65 years old
The Rental Market in Flint (zip 48503)
- Renters make up 36.3% of the Flint (zip 48503) population
- 2.5% of houses and apartments in Flint (zip 48503), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.