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SAGINAW, MI 48638

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

Market Analysis

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

The SAGINAW, MI real estate market (48638) currently shows 53 active listings, with 24 pending sales. Homes are averaging 32 days on the market before going under contract.

Inventory has tightened compared to last year, with 8 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 32 days on market compared to 44 days last year.

The median listing price has risen 0.2% year-over-year, from $228,200 to $228,675.

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Market Context

Market Context

Population: 12,157  ·  Density: 717.4/mi²  ·  Median household income: $60,262

Typical home value: $155,556  ·  Homeownership: 66.5%

Market Overview

Active Listings
53
⇩ 13.1% vs 61 last year
Pending
24
45% pending ratio
Median Price
$228,675
⇧ 0.2% vs $228,200 last year
Average Price
$267,261
⇧ 13% vs $236,430 last year
Days on Market
32
⇩ 27.3% vs 44 days last year

Price Per Square Foot

Median $/sqft
$124
⇧ 15.9% vs $107/sqft last year
Median Home Size
1,808 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 53 this year vs 61 last year
  • Days on market: 32 now vs 44 last year

Median & Average Pricing

Year over Year
  • Median: $228,675 (+0.2% YoY)
  • Average: $267,261 (+13% 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 17.7 miles — 452 listings ($123,727,567 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
48638Saginaw, MI 486380.0 mi35$10,316,145$236,175$294,747
48603Saginaw, MI 486033.3 mi69$20,473,542$274,425$296,718
48607Saginaw, MI 486074.4 mi3$179,700$59,900$59,900
48601Saginaw, MI 486016.3 mi104$9,656,400$77,900$92,850
48623Freeland, MI 486239.2 mi43$25,918,379$519,525$602,753
48626Hemlock, MI 4862610.4 mi16$6,552,928$373,750$409,558
48417Burt, MI 4841711.6 mi4$685,332$130,000$171,333
48706Bay City, MI 4870613.0 mi121$36,567,289$291,500$302,209
48747Munger, MI 4874714.8 mi2$399,800$199,900$199,900
48611Auburn, MI 4861115.3 mi18$5,074,740$232,400$281,930
48616Chesaning, MI 4861616.1 mi17$3,865,936$188,225$227,408
48758Richville, MI 4875817.4 mi1$167,000$167,000$167,000
48732Essexville, MI 4873217.7 mi19$3,870,376$198,225$203,704

Frequently Asked Questions

How many homes are for sale in SAGINAW, MI 48638?

As of September 2026, there are 53 active listings in SAGINAW, MI (zip code 48638), compared to 61 the prior year.

What is the median home price in SAGINAW, MI 48638?

The median listing price in SAGINAW, MI 48638 is $228,675 as of September 2026, a 0.2% increase from $228,200 the prior year.

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

Homes in SAGINAW, MI 48638 spend an average of 32 days on the market before going under contract, compared to 44 days the prior year.

Is it a seller's or buyer's market in SAGINAW, MI 48638?

Based on current inventory and days-on-market data as of September 2026, SAGINAW, MI 48638 is currently a Seller's Market. Inventory has tightened compared to last year, with 8 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 32 days on market compared to 44 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 48638 save an estimated $4,574 compared to a typical 5% commission on the median listing price of $228,675. 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.