Flint home prices jump 28% and reach top 10 housing ranking

7 articles · Updated · The Wall Street Journal · May 1

In the first quarter, Flint, Michigan rose to 10th from 99th in the Wall Street Journal/Realtor.com market rankings, with a median home price around $200,000.
Affordable homes in the recovering city are drawing buyers and investors, whose share of purchases has nearly doubled from pre-pandemic levels and tripled to 19.8% in one distressed zip code.
The boom follows years of damage from Flint's lead-tainted water crisis, which killed at least 12 people and erased an estimated $520 million in housing value, while raising fears of residents being priced out.

Can Flint's revival benefit residents who survived its crisis, or will 'disaster gentrification' simply price them out?

As investors reshape Flint's neighborhoods, is the city rebuilding trust or just real estate?