How much is a home worth in ZIP code 48451?

The typical home in 48451 is worth $344,005, based on the Zillow Home Value Index.

Are home values rising in 48451?

Home values in 48451 are up 6.8% over the past year, and up 5.5% a year over five years.

What is the typical rent in 48451?

A typical home in 48451 rents for about $2,600 a month, a gross rental yield of 9.1%.

What is the property tax rate in 48451?

The effective property tax rate in 48451 is 1.2% — roughly $4,058 a year on a typical home.

ZIP code 48451 has a population of 16,097 and a median household income of $99,943.

HousingHandbookReference data

…

U.S. ZIP Code · MI48451

Genesee County · Flint, MI

Typical home value

$344,005^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +6.8%
5-year / yr: +5.5%
10-year / yr: +6.9%

Relative price

vs U.S.: +21.1%
vs metro: +84.1%
vs state: +43.9%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 48451 is worth $344,005 — 84.1% above the Flint, MI median. Over the past year, values have risen 6.8%. Homes here rent for a typical $2,600 a month — a 9.1% gross rental yield. The effective property tax rate is 1.2%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $2,600^[2]
Gross yield: 9.1%^[2]
Cap rate: 5.4%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 1.2%^[3]
Typical annual tax: $4,058^[3]

#Climate risk

FEMA National Risk Index ratings for Genesee County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Relatively Moderate^[4]
Riverine flood: Relatively Moderate
Coastal flood: Not Applicable
Wildfire: Very Low
Drought: No Rating
Heat wave: Relatively Moderate
Hurricane: Very Low
Tornado: Relatively High
Earthquake: Relatively Low
Winter weather: Relatively Low

#Who lives here

Population: 16,097^[3]
Median household income: $99,943^[3]

#Migration

Household moves in and out of Genesee County over a year, from IRS tax-return data.

Net migration: +14^[5]
Moved in: 7,983
Moved out: 7,969

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 6
Elementary: 3
Middle: 1
High: 2

Linden High School
High · Grades 9–12 · Linden Community Schools
827 students
Lake Fenton High School
High · Grades 9–12 · Lake Fenton Community Schools
677 students
Linden Middle School
Middle · Grades 6–8 · Linden Community Schools
581 students
Hyatt Elementary
Elementary · Grades PK–3 · Linden Community Schools
362 students
Central Elementary School
Elementary · Grades 4–5 · Linden Community Schools
331 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield9.1%

Net yield (after ~40% expenses)5.4%

Annual rent$31,200

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$1,739

Loan principal$275,204

Down payment$68,801

Total interest paid$351,008

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio0.91

Monthly cost to own$2,364

Monthly rent$2,600

Owning is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 60th percentile^[1]
Rental yield: 44th percentile^[2]
Property tax: 37th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 48451?: The typical home in 48451 is worth $344,005, based on the Zillow Home Value Index.
Are home values rising in 48451?: Home values in 48451 are up 6.8% over the past year, and up 5.5% a year over five years.
What is the typical rent in 48451?: A typical home in 48451 rents for about $2,600 a month, a gross rental yield of 9.1%.
What is the property tax rate in 48451?: The effective property tax rate in 48451 is 1.2% — roughly $4,058 a year on a typical home.
Who lives in 48451?: ZIP code 48451 has a population of 16,097 and a median household income of $99,943.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

48438 vs 48451 →
Goodrich, MI
Typical home
$371,439
Gross yield
—
48439 vs 48451 →
Grand Blanc, MI
Typical home
$293,623
Gross yield
4.9%
48436
Gaines, MI
Typical home
$289,473
Gross yield
—
48423
Davison, MI
Typical home
$258,959
Gross yield
4.8%
48473
Swartz Creek, MI
Typical home
$250,161
Gross yield
6.2%
48463
Otisville, MI
Typical home
$244,111
Gross yield
—

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#Jump to section

U.S. ZIP Code · MI48451

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