48437, Genesee, MI

Genesee County, Michigan is located in the Flint area and has a population of around 210,000 people. The 48437 zip code covers most of the city of Flint and has a population of around 105,000 people. Home equity is important to many people in Genesee County because it can be used for a variety of purposes such as paying off debt, saving for retirement, or buying a new home.

The average home value in the 48437 zip code was $27,500 in 2016. This represents an increase of 2% from 2015 and an increase of 9% from 2014. The median home value was $24,500 in 2016 which is lower than the statewide median home value ($269,900) but higher than the national median home value ($194,200). The percentage of homes that are owner-occupied (69%) is lower than the statewide percentage (74%) but higher than the national percentage (63%).

The average monthly mortgage payment for homes in the 48437 zip code was $1,069 in 2016. This represents an increase of 4% from 2015 and an increase of 5% from 2014. The percentage of homes that are mortgage-free (8%) is lower than the statewide percentage (10%) but higher than the national percentage (6%).