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SAGINAW, MI 48638

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

Market Overview

Active Listings
39
⇧ 50% vs 26 last year
Pending
14
36% pending ratio
Median Price
$232,300
⇩ 9.4% vs $256,400 last year
Average Price
$288,948
⇩ 18.4% vs $354,217 last year
Days on Market
93
⇧ 144.7% vs 38 days last year

Market Context

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

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

Market Analysis

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

The SAGINAW, MI real estate market (48638) currently shows 39 active listings, with 14 pending sales. Homes are averaging 93 days on the market before going under contract.

Inventory has increased compared to last year, with 13 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 93 days on market compared to 38 days last year.

The median listing price has fallen 9.4% year-over-year, from $256,400 to $232,300.

Whether you are buying or selling in SAGINAW, MI, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 39 this year vs 26 last year
  • Days on market: 93 now vs 38 last year

Median & Average Pricing

Year over Year
  • Median: $232,300 (-9.4% YoY)
  • Average: $288,948 (-18.4% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 18.2 miles — 425 listings ($109,498,176 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
48638Saginaw, MI 486380.0 mi39$11,268,972$232,300$288,948
48603Saginaw, MI 486033.3 mi63$19,148,787$289,900$303,949
48607Saginaw, MI 486074.4 mi3$148,350$49,450$49,450
48601Saginaw, MI 486016.3 mi106$9,926,052$78,700$93,642
48623Freeland, MI 486239.2 mi38$18,522,948$444,950$487,446
48626Hemlock, MI 4862610.4 mi16$6,330,128$267,500$395,633
48417Burt, MI 4841711.6 mi4$719,000$167,500$179,750
48706Bay City, MI 4870613.0 mi110$31,869,640$239,900$289,724
48747Munger, MI 4874714.8 mi2$399,800$199,900$199,900
48611Auburn, MI 4861115.3 mi14$3,872,246$224,900$276,589
48616Chesaning, MI 4861616.1 mi17$4,955,653$219,900$291,509
48757Reese, MI 4875717.4 mi11$1,986,600$167,500$180,600
48614Brant, MI 4861418.2 mi2$350,000$175,000$175,000

Frequently Asked Questions

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

As of January 2026, there are 39 active listings in SAGINAW, MI (zip code 48638), compared to 26 the prior year.

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

The median listing price in SAGINAW, MI 48638 is $232,300 as of January 2026, a 9.4% decrease from $256,400 the prior year.

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

Homes in SAGINAW, MI 48638 spend an average of 93 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 48638?

Based on current inventory and days-on-market data as of January 2026, SAGINAW, MI 48638 is currently a Buyer's Market. Inventory has increased compared to last year, with 13 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 93 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 48638 save an estimated $4,646 compared to a typical 5% commission on the median listing price of $232,300. 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.