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SAGINAW, MI 48602

Real Estate Market Report  ·  Saginaw County
Buyer's Market
September 2026  ·  Source: Realtor.com

Market Analysis

Data as of September 2026. Source: Realtor.com.

The SAGINAW, MI real estate market (48602) currently shows 175 active listings, with 52 pending sales. Homes are averaging 59 days on the market before going under contract.

Inventory has increased compared to last year, with 10 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 59 days on market compared to 51 days last year.

The median listing price has fallen 0.1% year-over-year, from $89,975 to $89,925.

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Market Context

Market Context

Population: 27,575  ·  Density: 1,362.2/mi²  ·  Median household income: $44,939

Typical home value: $63,810  ·  Homeownership: 60.0%

Market Overview

Active Listings
175
⇧ 6.1% vs 165 last year
Pending
52
30% pending ratio
Median Price
$89,925
⇩ 0.1% vs $89,975 last year
Average Price
$97,723
⇩ 9.6% vs $108,041 last year
Days on Market
59
⇧ 15.7% vs 51 days last year

Price Per Square Foot

Median $/sqft
$76
⇩ 3.8% vs $79/sqft last year
Median Home Size
1,179 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 175 this year vs 165 last year
  • Days on market: 59 now vs 51 last year

Median & Average Pricing

Year over Year
  • Median: $89,925 (-0.1% YoY)
  • Average: $97,723 (-9.6% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 18.2 miles — 469 listings ($107,116,442 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
48602Saginaw, MI 486020.0 mi155$16,125,270$89,900$104,034
48638Saginaw, MI 486382.3 mi35$10,316,145$236,175$294,747
48603Saginaw, MI 486034.1 mi69$20,473,542$274,425$296,718
48604Saginaw, MI 486045.4 mi23$4,638,548$134,900$201,676
48722Bridgeport, MI 487228.5 mi10$3,096,900$239,700$309,690
48417Burt, MI 4841711.2 mi4$685,332$130,000$171,333
48706Bay City, MI 4870612.4 mi121$36,567,289$291,500$302,209
48626Hemlock, MI 4862612.7 mi16$6,552,928$373,750$409,558
48747Munger, MI 4874712.8 mi2$399,800$199,900$199,900
48758Richville, MI 4875815.2 mi1$167,000$167,000$167,000
48611Auburn, MI 4861115.8 mi18$5,074,740$232,400$281,930
48457Montrose, MI 4845716.4 mi12$2,554,248$159,700$212,854
48637Merrill, MI 4863718.2 mi3$464,700$154,900$154,900

Frequently Asked Questions

How many homes are for sale in SAGINAW, MI 48602?

As of September 2026, there are 175 active listings in SAGINAW, MI (zip code 48602), compared to 165 the prior year.

What is the median home price in SAGINAW, MI 48602?

The median listing price in SAGINAW, MI 48602 is $89,925 as of September 2026, a 0.1% decrease from $89,975 the prior year.

How long do homes stay on the market in SAGINAW, MI?

Homes in SAGINAW, MI 48602 spend an average of 59 days on the market before going under contract, compared to 51 days the prior year.

Is it a seller's or buyer's market in SAGINAW, MI 48602?

Based on current inventory and days-on-market data as of September 2026, SAGINAW, MI 48602 is currently a Buyer's Market. Inventory has increased compared to last year, with 10 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 59 days on market compared to 51 days last year.

How much can I save on real estate commission in SAGINAW, MI?

With SELL123.com's maximum 3% commission, sellers in SAGINAW, MI 48602 save an estimated $1,799 compared to a typical 5% commission on the median listing price of $89,925. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.