Saugatuck, MI housing market
Homes typically sell in 3 days, close to asking.
Home values, sales, trends and how Saugatuck compares with the towns next door — updated as new data is published.
Saugatuck at a glance
A seller's market
Supply is tight — about 2.6 months of homes for sale at the current pace. Buyers should expect competition on well-priced homes.
Home prices up 90% in 5 years
The federal house price index for the ZIP code around Saugatuck rose 90% over the past 5 years, faster than across Michigan (52%). Last year prices rose 3.5%.
Show as a table
| Year | Change that year | Since 2000 | Michigan since 2000 |
|---|---|---|---|
| 2025 | +3.4% | +248% | +97% |
| 2024 | +26% | +236% | +88% |
| 2023 | +11% | +167% | +76% |
| 2022 | +16% | +140% | +64% |
| 2021 | +13% | +107% | +45% |
| 2020 | +6.7% | +84% | +30% |
| 2019 | +6.7% | +72% | +26% |
| 2018 | +3.1% | +61% | +20% |
| 2017 | +9.5% | +56% | +12% |
| 2016 | +6.8% | +43% | +5.3% |
| 2015 | +4.2% | +34% | 0% |
| 2014 | +3.8% | +29% | −4.7% |
| 2013 | +9.6% | +24% | −12% |
| 2012 | −2.2% | +13% | −16% |
| 2011 | +0.1% | +16% | −16% |
| 2010 | −7.9% | +15% | −12% |
| 2009 | −4.9% | +25% | −5% |
| 2008 | −8.4% | +32% | +3.5% |
| 2007 | +1.8% | +44% | +11% |
| 2006 | +5.3% | +41% | +16% |
| 2005 | +8.7% | +34% | +18% |
| 2004 | +13% | +24% | +14% |
| 2003 | +2.4% | +9.3% | +10% |
| 2002 | +4.3% | +6.8% | +8.3% |
| 2001 | +2.4% | +2.4% | +5% |
| 2000 | — | — | — |
How Saugatuck ranks on rising home prices →
Federal Housing Finance Agency House Price Index (annual, developmental) for ZIP code 49453, weighted by land area. It tracks repeat sales and appraisals of the same homes, so it shows how prices changed, not what homes cost.
4 new homes permitted in 2025
Builders were permitted 4 new homes in Saugatuck in 2025, all single-family houses, worth about $4.3 million to build. Over the past 10 years, Saugatuck has permitted 67 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Saugatuck's population fell by 60 even though 49 new homes were permitted. Homes are holding fewer people: households are getting smaller, or more homes are used part of the year. 50% of Saugatuck's homes are seasonal or vacation homes, which adds housing without adding residents. Across Michigan: 1.2 new residents per new home.
How Saugatuck ranks on housing keeping up with growth →
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) | 3 | 3 | 0 | $2.3 million |
| 2025 | 4 | 4 | 0 | $4.3 million |
| 2024 | 6 | 6 | 0 | $5.3 million |
| 2023 | 11 | 11 | 0 | $9.1 million |
| 2022 | 4 | 4 | 0 | $1.6 million |
| 2021 | 6 | 6 | 0 | $4 million |
| 2020 | 10 | 10 | 0 | $6.5 million |
| 2019 | 8 | 8 | 0 | $6 million |
| 2018 | 4 | 4 | 0 | $2.5 million |
| 2017 | 9 | 9 | 0 | $5.5 million |
| 2016 | 5 | 5 | 0 | $4.2 million |
| 2015 | 15 | 7 | 8 | $3.7 million |
| 2014 | 1 | 1 | 0 | $189,000 |
| 2013 | 3 | 3 | 0 | $776,000 |
| 2012 | 0 | 0 | 0 | — |
| 2011 | 0 | 0 | 0 | — |
| 2010 | 4 | 4 | 0 | $2.2 million |
| 2009 | 0 | 0 | 0 | — |
| 2008 | 2 | 2 | 0 | $300,000 |
| 2007 | 4 | 4 | 0 | $779,000 |
How Saugatuck 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.
Saugatuck and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Saugatuck | — | +3.5%† | $1,000 | 4 | $121,178 |
| Saugatuck | $631K | +5.5% | $1,060 | 0 | $93,618 |
| Douglas | $672K | +5.4% | $1,040 | 4 | $81,627 |
† FHFA price index change, where Zillow has no home value for the town.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024 · figures for a place this size carry wide margins of error.
A two-bedroom rents for about $1,000
HUD's Fair Market Rent for a two-bedroom in Saugatuck is $1,000 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Saugatuck pay a median of $616, so moving in tends to cost more than staying put.
Studio $770 · 4 bedrooms $1,380
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (49453; Allegan County, MI), 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.