The story of this market
The typical home in ZIP 48507 sells for about $111,488, or $96 per square foot.
Prices are up +3.1% from a year ago, so sellers still have some momentum. Homes take about 26 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $970 a month.
ZIP 48507 — Flint
The 48507 housing market is characterized by low entry prices around $111,000 and a warm pace of sales. While accessible, the market exhibits elevated vacancy rates and requires careful diligence for investors to ensure cash flow.
This ZIP is primarily suited for investors looking for low-entry-price assets, though it requires careful diligence regarding maintenance and turnover costs.
Median prices moved up 3.1% year over year.
Homes spend a median of 26 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 100% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 8.9% · poverty 21.6% — a mixed stability profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 48507, 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 rental market shows a median rent of $1,076 with a 9.6% vacancy rate, suggesting potential pressure on landlords to maintain occupancy.
The area is part of the broader Flint economy, which has historically been anchored by automotive manufacturing and is currently undergoing economic transition.
Data sourced from Census Bureau and Repit market reports.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.