Housing in 48507 Flint, MI is much more affordable than the US median value. The median value for housing in 48507 Flint, MI is $86,600 compared to the US median value of $338,100. This provides a great opportunity for those looking to buy a house in this area as they will be able to find much more affordable housing than other parts of the country. The appreciation rate over the past year was also much lower than the national average, at 3.73%, compared to 8.27%. This means that homes are not increasing in value as quickly and buyers may get better deals on their purchase price.
The median home cost in Flint (zip 48507) is $86,600. Home appreciation the last 10 years has been 115.7%. Home Appreciation in Flint (zip 48507) is up 8.1%.
Average Age of Homes
- The median age of Flint (zip 48507) real estate is 53 years old
The Rental Market in Flint (zip 48507)
- Renters make up 34.1% of the Flint (zip 48507) population
- 1.6% of houses and apartments in Flint (zip 48507), 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.