Saginaw, MI—48607
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Saginaw, MI
As of Oct '25, the median home price in Saginaw, MI is $36,000, with a year-over-year change of -14.0%. This indicates that home prices in Saginaw, MI are decreasing. According to Zillow, the 1-year price projection is 2.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $36,000 | -14.0% |
| Single Family | $36,000 | -12.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Saginaw, MI
As of July '25, Rentcast reports the average rent in Saginaw, MI is $832, with a year-over-year rent change of -8.1%. Per bedroom, the median rent as of July '25 in Saginaw, MI is 1-bedrooms: $965, 3-bedrooms: $700. The most common rental property sizes in Saginaw, MI are 1-bedroom and 3-bedroom, accounting for 65.7% and 12.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $700 | $832 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $965 | $965 |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $700 | $700 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Saginaw, MI
As of Oct '25, Realtor.com reports that the median days on market for a home in Saginaw, MI is 168. This is a increase of 125.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $55,000 | -51.0% |
Listing Count | 3 | 133.0% |
| Listings as % of Homes | 0.3% | 133.0% |
Days on Market | 168 | 125.0% |
Demographics — Saginaw, MI
As of the latest ACS Survey released in 2023, Saginaw, MI has a population of 1,520, which has decreased by -7.9% over the past 5 years. Saginaw, MI is a moderately popular place for families, as children make up 19.4% of the population. The area has a poorly educated workforce, with 21.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,520 | -7.9% |
% Under 18 | 19.4% | -4.4% |
% Seniors | 11.8% | -33.0% |
% WFH | 4.2% | -46.8% |
% w/ College Degree | 21.8% | 56.8% |
As of the latest ACS Survey released in 2023, Saginaw, MI is a predominantly black area, with 42.6% of the population identifying as black. The black population has shrunk by 29.5% in the last 5 years. The second most common race or ethnicity in Saginaw, MI is white, making up 28.8% of the population. Foreign-born residents account for 1.8% of the population in Saginaw, MI, and this percentage has decreased by 56.1% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 28.8% | 83.4% |
% Black | 42.6% | -29.5% |
% Hispanic | 7.4% | -54.9% |
% Asian | 1.3% | 62.5% |
% Foreign Born | 1.8% | -56.1% |
Mortgage and Risk — Saginaw, MI
Saginaw, MI lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 0 |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Saginaw, MI
Saginaw, MI lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 100 |
Total Units Section 8 | 26 |
% Rentals under Section 8 | 4.8% |
% Occupied Section 8 | 94.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$115 | $965 | $850 |
| 2 Bedroom | N/A | N/A | $1,120 |
| 3 Bedroom | $750 | $700 | $1,450 |
| 4 Bedroom | N/A | N/A | $1,480 |
Affordability — Saginaw, MI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 0.9 |
| Median Home Price | $36,000 |
| Median Household Income | $39,200 |