48507 Real Estate Market

48507 Market

The median sale price for homes in 48507 over the last 12 months is $58,401.


The median mortgage debt is $74,234.

Additional Statistics for Single Family Homes and Condos in Flint, MI
$45,370
Median Listing Price
167
Median Days on Market
42
Active Listings
38.1%
Distressed Listings
(foreclosures and short sales)
48507 (Flint, MI) Price Trends - Sold vs. Listed
The median list price in May for single family homes in Flint is $36,750. The list prices dropped by -7.89% from the previous month.

The price per square foot for listings in this area is $50.

The median sale price in November for single family homes is $26,439. The sale prices dropped by -43.18% from the previous month.

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48507 (Flint, MI) Market Inventory Trends

The number of active listings in Flint dropped by 12.8% from the previous month.

The median number of days active properties have been listed is 108.

The number of sales in November dropped by 88.9% from the previous month.

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48507 (Flint, MI) Property Ownership

This chart shows home occupancy within an area.

A high percentage of ownership can indicate an area where people like to live and stable property prices. While a high percentage of rentals could indicate an area with shifting demographics, a younger community, or possibly a downtown area.

High vacancy rates can indicate that the market is unhealthy and that it could be tough to sell a home in this area.

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