Saginaw, MI housing market
Homes typically sell in 37 days, below asking.
Home values, sales, trends and how Saginaw compares with the towns next door — updated as new data is published.
Saginaw at a glance
A balanced market
About 5.4 months of supply: neither buyers nor sellers have a clear edge.
Home prices up 66% in 5 years
The federal house price index for the ZIP codes around Saginaw rose 66% over the past 5 years, faster than across Michigan (52%). Last year prices rose 6.7%. Carrying the Census median home value forward with that index puts the typical Saginaw home at roughly $116,000 today.
Show as a table
| Year | Change that year | Since 2000 | Michigan since 2000 |
|---|---|---|---|
| 2025 | +6.7% | +71% | +97% |
| 2024 | +10% | +60% | +88% |
| 2023 | +12% | +45% | +76% |
| 2022 | +8% | +30% | +64% |
| 2021 | +17% | +20% | +45% |
| 2020 | +3.5% | +2.9% | +30% |
| 2019 | +12% | −0.6% | +26% |
| 2018 | +12% | −11% | +20% |
| 2017 | −3.5% | −21% | +12% |
| 2016 | +9.3% | −18% | +5.3% |
| 2015 | +1.4% | −25% | 0% |
| 2014 | −2.7% | −26% | −4.7% |
| 2013 | +2.5% | −24% | −12% |
| 2012 | −7.5% | −26% | −16% |
| 2011 | −3.1% | −20% | −16% |
| 2010 | −11% | −17% | −12% |
| 2009 | −3.9% | −7.1% | −5% |
| 2008 | −16% | −3.3% | +3.5% |
| 2007 | −3.4% | +15% | +11% |
| 2006 | +0.4% | +19% | +16% |
| 2005 | +0.5% | +18% | +18% |
| 2004 | +3.6% | +18% | +14% |
| 2003 | +2.3% | +14% | +10% |
| 2002 | +2.8% | +11% | +8.3% |
| 2001 | +8% | +8% | +5% |
| 2000 | — | — | — |
How Saginaw ranks on rising home prices →
Federal Housing Finance Agency House Price Index (annual, developmental) for ZIP codes 48601, 48602, 48607, weighted by land area. It tracks repeat sales and appraisals of the same homes, so it shows how prices changed, not what homes cost. The estimated value scales the Census (ACS 2020-2024) median home value by that change.
No new homes permitted in 2025
No permits for new homes were issued in Saginaw in 2025. The last year with any was 2022 (1 new home).
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Saginaw's population fell by 7,306 even though 339 new homes were permitted. Homes are holding fewer people: households are getting smaller, or more homes are used part of the year. Across Michigan: 1.2 new residents per new home.
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 0 | 0 | 0 | — |
| 2025 | 0 | 0 | 0 | — |
| 2024 | 0 | 0 | 0 | — |
| 2023 | 0 | 0 | 0 | — |
| 2022 | 1 | 1 | 0 | $50,000 |
| 2021 | 6 | 6 | 0 | $1.1 million |
| 2020 | 7 | 5 | 2 | $1.2 million |
| 2019 | 7 | 5 | 2 | $1.2 million |
| 2018 | 55 | 5 | 50 | $6.9 million |
| 2017 | 48 | 6 | 42 | $6.1 million |
| 2016 | 50 | 6 | 44 | $6.4 million |
| 2015 | 55 | 5 | 50 | $6.9 million |
| 2014 | 39 | 5 | 34 | $5 million |
| 2013 | 37 | 5 | 32 | $4.8 million |
| 2012 | 46 | 4 | 42 | $5.8 million |
| 2011 | 1 | 1 | 0 | $75,000 |
| 2010 | 1 | 1 | 0 | $75,000 |
| 2009 | 1 | 1 | 0 | $75,000 |
| 2008 | 1 | 1 | 0 | $75,000 |
| 2007 | 15 | 3 | 12 | $768,000 |
| 2006 | 46 | 16 | 30 | $2.1 million |
| 2005 | 62 | 22 | 40 | $2.9 million |
| 2004 | 9 | 9 | 0 | $568,000 |
| 2003 | 10 | 10 | 0 | $636,000 |
| 2002 | 3 | 3 | 0 | $178,000 |
| 2001 | 3 | 3 | 0 | $180,000 |
| 2000 | 5 | 5 | 0 | $296,000 |
Saginaw's permit office didn't report to the Census in 2025, so the 2025 figures are Census estimates.
How Saginaw ranks on new homes being built →
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
Saginaw and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Saginaw | — | +6.7%† | $1,100 | 0 | $38,579 |
| Spaulding | — | +13.7%† | $1,090 | 46 | $61,518 |
| Buena Vista | — | +13.7%† | $1,090 | 0 | $44,397 |
| Saginaw | $135K | +5.3% | $1,200 | 16 | $67,603 |
| Bridgeport | $176K | +3.8% | $1,120 | 0 | $52,462 |
| James | — | +3.3%† | $1,080 | 1 | $70,000 |
| Carrollton | — | +5.6%† | $1,180 | 0 | $50,399 |
† FHFA price index change, where Zillow has no home value for the town.
1.6 years of income
The typical Saginaw home costs about 1.6 years of the town's median household income, less than across Michigan (3.7 years).
How Saginaw ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,100
HUD's Fair Market Rent for a two-bedroom in Saginaw is $1,100 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Saginaw pay a median of $922, so moving in tends to cost more than staying put. A two-bedroom takes about 34% of the town's median household income, above the 30% guideline for affordable housing.
Studio $760 · 4 bedrooms $1,450
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (48601, 48602, 48607; Saginaw, MI MSA), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.