HousingHandbookReference data

U.S. ZIP Code · MI48505

Genesee County · Flint, MI

Typical home value

$34,277[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
-9.5%
5-year / yr
+4.4%
10-year / yr
+6.5%

Relative price

vs U.S.
-87.9%
vs metro
-81.7%
vs state
-85.7%
ZIP 48505 location in MI
Location of ZIP 48505 in MI

Price history

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

The typical home in 48505 is worth $34,277 — 81.7% below the Flint, MI median. Over the past year, values have fallen 9.5%. The effective property tax rate is 1.0%.

#Rent & investment

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

Monthly rent
[2]
Gross yield
[2]
Cap rate
[2]

#Property tax

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

Effective tax rate
1.0%[3]
Typical annual tax
$335[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
18,032[3]
Median household income
$33,283[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
2
Elementary
0
Middle
0
High
1
  • The New Standard Academy

    Other · Grades PK–12 · The New Standard Academy

    785 students

  • Beecher Alternative Education

    High · Grades 9–12 · Beecher Community School District

    12 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.

Gross yield
Net yield (after ~40% expenses)
Annual rent

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.

Monthly payment$173
Loan principal$27,421
Down payment$6,855
Total interest paid$34,974

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.

Own : rent ratio
Monthly cost to own$230
Monthly rent

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
10th percentile[1]
Rental yield
[2]
Property tax
5th percentile[3]

Frequently asked

How much is a home worth in ZIP code 48505?
The typical home in 48505 is worth $34,277, based on the Zillow Home Value Index.
Are home values rising in 48505?
Home values in 48505 are down 9.5% over the past year, and up 4.4% a year over five years.
What is the property tax rate in 48505?
The effective property tax rate in 48505 is 1.0% — roughly $335 a year on a typical home.
Who lives in 48505?
ZIP code 48505 has a population of 18,032 and a median household income of $33,283.

#Comparable ZIPs

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

  • Flint, MI

    Typical home
    $48,324
    Gross yield
    26.0%
  • Flint, MI

    Typical home
    $69,567
    Gross yield
    17.1%
  • Flint, MI

    Typical home
    $85,491
    Gross yield
    13.2%
  • Burton, MI

    Typical home
    $92,980
    Gross yield
    11.3%
  • Flint, MI

    Typical home
    $106,862
    Gross yield
    10.9%
  • Beecher CDP, MI

    Typical home
    $115,468
    Gross yield

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