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SAGINAW, MI 48603

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

Market Analysis

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

The SAGINAW, MI real estate market (48603) currently shows 96 active listings, with 35 pending sales. Homes are averaging 51 days on the market before going under contract.

Inventory has increased compared to last year, with 14 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 51 days on market compared to 38 days last year.

The median listing price has fallen 19.8% year-over-year, from $349,225 to $280,050.

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Market Context

Market Context

Population: 28,426  ·  Density: 602.3/mi²  ·  Median household income: $61,881

Typical home value: $167,745  ·  Homeownership: 64.5%

Market Overview

Active Listings
96
⇧ 17.1% vs 82 last year
Pending
35
36% pending ratio
Median Price
$280,050
⇩ 19.8% vs $349,225 last year
Average Price
$299,409
⇩ 12.9% vs $343,754 last year
Days on Market
51
⇧ 34.2% vs 38 days last year

Price Per Square Foot

Median $/sqft
$143
— vs $143/sqft last year
Median Home Size
1,840 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 96 this year vs 82 last year
  • Days on market: 51 now vs 38 last year

Median & Average Pricing

Year over Year
  • Median: $280,050 (-19.8% YoY)
  • Average: $299,409 (-12.9% 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 18.4 miles — 461 listings ($89,395,288 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
48603Saginaw, MI 486030.0 mi69$20,473,542$274,425$296,718
48602Saginaw, MI 486024.1 mi155$16,125,270$89,900$104,034
48724Carrollton, MI 487245.2 mi4$377,200$95,000$94,300
48609Saginaw, MI 486095.9 mi32$11,354,656$189,675$354,833
48601Saginaw, MI 486018.1 mi104$9,656,400$77,900$92,850
48626Hemlock, MI 4862610.2 mi16$6,552,928$373,750$409,558
48611Auburn, MI 4861112.1 mi18$5,074,740$232,400$281,930
48655Saint Charles, MI 4865513.5 mi15$3,623,820$237,400$241,588
48417Burt, MI 4841714.8 mi4$685,332$130,000$171,333
48637Merrill, MI 4863715.7 mi3$464,700$154,900$154,900
48734Frankenmuth, MI 4873416.3 mi20$7,765,780$347,450$388,289
48415Birch Run, MI 4841517.6 mi20$7,073,920$272,000$353,696
48758Richville, MI 4875818.4 mi1$167,000$167,000$167,000

Frequently Asked Questions

How many homes are for sale in SAGINAW, MI 48603?

As of September 2026, there are 96 active listings in SAGINAW, MI (zip code 48603), compared to 82 the prior year.

What is the median home price in SAGINAW, MI 48603?

The median listing price in SAGINAW, MI 48603 is $280,050 as of September 2026, a 19.8% decrease from $349,225 the prior year.

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

Homes in SAGINAW, MI 48603 spend an average of 51 days on the market before going under contract, compared to 38 days the prior year.

Is it a seller's or buyer's market in SAGINAW, MI 48603?

Based on current inventory and days-on-market data as of September 2026, SAGINAW, MI 48603 is currently a Buyer's Market. Inventory has increased compared to last year, with 14 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 51 days on market compared to 38 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 48603 save an estimated $5,601 compared to a typical 5% commission on the median listing price of $280,050. 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.