Saginaw, MI Home Values & Market Trends
Real estate market trends reflect that there have been 1,782 transactions over the past year in Saginaw. The median value for residential home transactions that occurred over the previous year is $125,739.98. The number of current listings in Saginaw is 163, and the percentage of properties for sale in the city is 163.00%. Saginaw, MI currently has 63 properties in foreclosure, 30 bank owned properties, 33 properties headed for auction, and 163 properties for sale.
Saginaw, MI Real Estate Market Overview
Housing Market Summary for Saginaw, MI
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $88,900 | $134.4K | 51.23% |
| Median Sold Price | $101K | $134.4K | 33.13% |
| Homes For Sale | 154 | 128 | -16.88% |
| Homes Sold | 1,691 | 899 | -46.84% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Saginaw, MI
Browse Homes in Saginaw, MI
Saginaw home values range from $13,541 to $4,502,584. The median estimated value of a home in Saginaw is $125,739.98. The median list price of a home is 129,900, and the total count of properties in the city is 48,766.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Saginaw, MI with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 7 zips within Saginaw, MI; of those zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Saginaw, MI ranges from the highest value of $361,922 in 48609 to the lowest value of $18,022 in 48601. Bank owned homes and properties account for 0.06% of properties in Saginaw, MI. There are 7 zips within Saginaw, MI; 48601 containing 10 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions48602 has 19 auction properties, the highest number of properties going to auction in a single zip in the state of Saginaw, MI. Auction homes and other auction properties account for 0.07% of all properties in Saginaw, MI. There are 7 zips within Saginaw, MI; of those zips, the median estimated home value for homes going to auction ranges from $154,750 in 48603 to the lowest value of $24,176 in 48603.
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More Real Estate Resources for Saginaw, MI
Guide for Saginaw, MI
Explore the nuances of Michigan’s 2023 real estate market, where rising property values meet shifting sold prices and distressed properties offer investment opportunities amidst a stable yet competitive landscape.
The 2023 Detroit real estate market trend showed steady average listing values and an increase in property sales, with neighboring cities displaying more fluctuation but higher property values. This reflects the city’s resilience amidst an unpredictable industry landscape.
Why Buying a Foreclosure is a Smart Move
Information on foreclosure financing, refinancing, and foreclosure mortgages.