48423 — Davison, MI Home Values
Typical home value $261,329 as of August 2026 · 5th of 23 in Flint, MI
Blue: typical home value (Zillow ZHVI) in ZIP code 48423, August 2021 to August 2026. This page shows observed data only; no forecast.
How 48423 compares in the Flint, MI area
ZIP code 48423 (Davison, MI) has a typical home value of $261,329 as of August 2026, ranking 5th of 23 ZIP codes tracked in the Flint, MI area, more expensive than about 83% of ZIP codes in the metro. Prices here have moved +4.9% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +24.3%, from $210,296 in August 2021 to $261,329 in August 2026. Against observed rent, the typical home here sells for 22.1× the annual rent ($986/mo), a common way to gauge whether buying looks cheap relative to renting in this ZIP code.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Flint, MI forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Flint.
Population and demographics
ZIP code 48423 has a population of 33,508, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 90.3% White, 4% Hispanic or Latino, 2.8% two or more races, 2.2% Black or African American, 0.5% American Indian or Alaska Native, 0.2% Asian, and 0.1% another race.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Hill Elementary School | 404 ALOHA ST, DAVISON, MI | 0.8 mi |
| Thomson Elementary School | 617 E CLARK ST, DAVISON, MI | 1 mi |
| Hahn Intermediate School | 500 S DAYTON ST, DAVISON, MI | 1.1 mi |
Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.
Frequently asked questions
What is the typical home value in ZIP code 48423?
$261,329 as of August 2026, the latest month Zillow has published observed data for.
Is 48423 an expensive ZIP code in the Flint, MI area?
48423 ranks 5th of 23 ZIP codes in the Flint, MI area by typical home value, more expensive than about 83% of ZIP codes in the metro.
How much have home values in 48423 changed over the past year?
+4.9% over the trailing 12 months, from observed Zillow data.
Is it cheaper to buy or rent in ZIP code 48423?
The typical home price is 22.1× the observed annual rent in this ZIP code ($986/mo). Lower multiples favor buying over renting, all else equal.
What is the population of ZIP code 48423?
33,508, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 48423?
Hill Elementary School (0.8 mi), Thomson Elementary School (1 mi), Hahn Intermediate School (1.1 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.
Is this page showing a forecast for 48423?
No. Every number on this page is observed Zillow data as of August 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Flint, MI forecast for a modeled outlook.
ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.