HousingHandbookReference data

U.S. ZIP Code · MI48532

Genesee County · Flint, MI

Typical home value

$165,942[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+6.2%
5-year / yr
+5.5%
10-year / yr
+9.8%

Relative price

vs U.S.
-41.6%
vs metro
-11.2%
vs state
-30.6%
ZIP 48532 location in MI
Location of ZIP 48532 in MI

Price history

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

The typical home in 48532 is worth $165,942 — 11.2% below the Flint, MI median. Over the past year, values have risen 6.2%. Homes here rent for a typical $1,024 a month — a 7.4% 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
$1,024[2]
Gross yield
7.4%[2]
Cap rate
4.4%[2]

#Property tax

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

Effective tax rate
1.2%[3]
Typical annual tax
$1,910[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
18,496[3]
Median household income
$61,998[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
4
Elementary
2
Middle
0
High
2
  • CarmanAinsworth High School

    High · Grades 8–12 · Carman-Ainsworth Community Schools

    994 students

  • Dye Elementary School

    Elementary · Grades K–5 · Carman-Ainsworth Community Schools

    577 students

  • Randels Elementary School

    Elementary · Grades PK–5 · Carman-Ainsworth Community Schools

    340 students

  • CA Alternative EdAtlantis

    High · Grades 7–12 · Carman-Ainsworth Community Schools

    136 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 yield7.4%
Net yield (after ~40% expenses)4.4%
Annual rent$12,288

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$839
Loan principal$132,754
Down payment$33,188
Total interest paid$169,320

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 ratio1.11
Monthly cost to own$1,136
Monthly rent$1,024

Renting 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
65th percentile[1]
Rental yield
33rd percentile[2]
Property tax
32nd percentile[3]

Frequently asked

How much is a home worth in ZIP code 48532?
The typical home in 48532 is worth $165,942, based on the Zillow Home Value Index.
Are home values rising in 48532?
Home values in 48532 are up 6.2% over the past year, and up 5.5% a year over five years.
What is the typical rent in 48532?
A typical home in 48532 rents for about $1,024 a month, a gross rental yield of 7.4%.
What is the property tax rate in 48532?
The effective property tax rate in 48532 is 1.2% — roughly $1,910 a year on a typical home.
Who lives in 48532?
ZIP code 48532 has a population of 18,496 and a median household income of $61,998.

#Comparable ZIPs

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

  • MI

    Typical home
    $152,778
    Gross yield
  • Burton, MI

    Typical home
    $182,115
    Gross yield
  • Burton, MI

    Typical home
    $186,853
    Gross yield
  • Burt CDP, MI

    Typical home
    $208,266
    Gross yield
  • Beecher CDP, MI

    Typical home
    $115,468
    Gross yield
  • Clio, MI

    Typical home
    $218,864
    Gross yield

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