48551, Flint, MI

The 48551 zip code of Flint, Michigan has a population of around 100,000 people. The median home value in this zip code is $40,000 which is lower than the statewide median home value of $157,500. This means that there are a lot of homes in this zip code that are worth less than what most people would consider to be a fair price for the property.

There are a few reasons why the home values in this zip code are relatively low. One reason is that many homes in this area were built before 1978 which was before the housing market went into full swing and before there was much demand for homes. Additionally, many of the homes in this area were built as part of the “ Flintstones” housing development which means that they are not very well-maintained and may have some problems with their structural integrity.

Despite these factors, there are still some homeowners who have been able to sell their homes for below their asking price and others who have been able to purchase new homes for below their budgeted amount. Overall, it seems like there is not much interest in buying or selling homes in this area at present so prices will likely stay low for some time to come.