The housing median value in 48505 Flint, MI is $25,100, which is significantly lower than the US House Median Value of $338,100. In addition, the US 1 year House Appreciation rate is 8.27%, while in Flint the 1 year appreciation rate is much lower at 3.73%. Because of these factors, it is evident that the housing market in Flint has seen relatively little growth compared to other areas in the US. The low house median value and appreciation combined with other economic factors make buying a home in 48505 Flint, MI a potentially attractive option for potential buyers looking for an affordable residence.
The median home cost in Flint (zip 48505) is $25,100. Home appreciation the last 10 years has been 115.7%. Home Appreciation in Flint (zip 48505) is up 8.1%.
Average Age of Homes
- The median age of Flint (zip 48505) real estate is 62 years old
The Rental Market in Flint (zip 48505)
- Renters make up 28.5% of the Flint (zip 48505) population
- 0.7% of houses and apartments in Flint (zip 48505), 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.