The story of this market
The typical home in ZIP 48503 sells for about $50,000, or $66 per square foot.
Prices are down 17.6% from a year ago, which gives buyers more room to negotiate. Homes take about 45 days to sell. HUD's fair market rent for a two-bedroom is $907 a month.
ZIP 48503 — Flint
The housing market in 48503 is currently experiencing significant downward price pressure, with median sale prices declining by 17.6% year-over-year. High poverty rates and a reliance on the broader Flint economy contribute to a market characterized by low-cost, high-turnover inventory. Market activity remains somewhat competitive, though price volatility is a primary concern for local stakeholders.
This area primarily serves budget-conscious buyers and investors looking for low-cost entry points into the Flint housing market.
Median prices moved down 17.6% year over year.
Homes spend a median of 45 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 13.1% · poverty 33.4% — elevated distress and economic pressure.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 48503, Genesee County MI
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
The mean travel time to work for residents in this ZIP code is approximately 20 minutes.
The local economy is tied to the broader Flint metropolitan area, which has historically been centered on manufacturing and healthcare sectors.
Data retrieved from Census Reporter and United States Zip Codes.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.