Housing in Saginaw, MI

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$74,500

Median List Price

$79,000

Price Per Sq Ft

$57

Days on Market

56

Active Inventory

180

Months of Supply

5.3

Balanced market

Zillow Home Value

$121,952

ZHVI — January 2026

Zillow Rent Index

$990

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 28.4%List Price 17.0%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

14.7%

Off Market in 2 Weeks

24.5%

Sale-to-List Ratio

91.7%

Buyer's market

Sold Above Asking
14.7%
Under Contract in 2 Wks
24.5%
Listings with Price Drops
23.3%

Market Activity

Source: Redfin

Homes Sold

34

New Listings

56

Pending Sales

49

Homes Sold 30.6%New Listings 11.1%Pending 25.8%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$57

Median List $/SF

$61

Sale $/SF 16.3%List $/SF 24.5%Mar 24Jan 26

Saginaw vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 25,000 - 50,000 residents. Saginaw is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$54,000

Median Rent

$909

Total Housing Units

20,994

Vacancy Rate

15.5%

Owner Occupied

59.0%

Renter Occupied

41.0%

Median Property Tax

$1,298

per year

Monthly Cost (w/ Mortgage)

$661

Housing Types

Single Family
80.8%
Multi-Family
18.6%
Mobile Home
0.6%

The current median sale price in Saginaw, MI is $74,500 according to Redfin data. Homes spend a median of 56 days on the market. 14.7% of homes sold above asking price. The market has 5.3 months of supply. The median price per square foot is $57. Zillow's observed rent index is $990/month. About 59.0% of housing units are owner-occupied. The median year homes were built is 1949. There are 20,994 total housing units.