48507, Flint, MI

The home equity and home prices in the 48507 zip code of Flint, MI have seen a significant increase in recent years. In 2016, the median home value was $50,000, which has increased by over $5,000 since 2015. The average home value in this zip code has also increased by over $10,000 since 2013. This increase is likely due to the current market conditions and the availability of affordable housing in this area.

There are a number of factors that have contributed to the increase in home values in this zip code. One reason is that Flint has seen an influx of new residents due to its growing economy and job market. Additionally, many homeowners have been able to refinance their homes at lower interest rates thanks to the increasing demand for mortgage products. Finally, there is a limited supply of homes available for sale in this area which has led to higher prices.