$689 Closing Credit*
$58,000
1,088 SqFt
3 Beds
•1 Full Bath
Melanie Ruediger, Listing Office: Real Estate One Great Lakes Bay
Is Saginaw, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Saginaw has remained a Seller's Market.
Key Takeaway
Saginaw is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Saginaw, MI
How much do homes in Saginaw, MI cost?
Median Sold Price
$143,571
$89/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$15,951(+12.5%)
Key Takeaway
Homes in Saginaw have sold for 12.5% more than they did a year ago.
Summary: The median home sold price in Saginaw was $143,571 in November 2024, up 12.5% from last year, and the median price per square foot was $89.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $52K | $55.1K | +6.0% |
| 2 Bedrooms | $75K | $80K | +6.7% |
| 3 Bedrooms | $132.2K | $150K | +13.4% |
| 4 Bedrooms | $180.7K | $200K | +10.7% |
| 5+ Bedrooms | $243.5K | $209.9K | -13.8% |
Summary: Saginaw housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6%, 2 bedroom homes increased by 6.7%, 3 bedroom homes increased by 13.4%, 4 bedroom homes increased by 10.7%, and 5+ bedroom homes decreased by 13.8%.
Median Sold Price Compared To Nearby Cities
| Saginaw Charter Township | $127.8K | $143.9K | +12.6% |
| Saginaw | $127.6K | $143.5K | +12.5% |
| Buena Vista Charter Township | $70K | $78.1K | +11.6% |
| Carrollton Township | $114.5K | $120K | +4.8% |
Housing Supply in Saginaw, MI
How many homes are available in Saginaw, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 449 | 440 | -2.0% |
Summary: The Saginaw real estate market had 440 homes for sale in November 2024, a 2.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 79 | 93 | +17.7% |
| 3 Bedrooms | 236 | 212 | -10.2% |
| 4 Bedrooms | 100 | 103 | +3.0% |
| 5+ Bedrooms | 33 | 30 | -9.1% |
Summary: The Saginaw housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 17.7%, 3 bedroom homes decreased by 10.2%, 4 bedroom homes increased by 3%, and 5+ bedroom homes decreased by 9.1%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 113 | 112 | -0.9% |
Asking Price vs. Sold Price
67 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
32 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Saginaw, you may be able to get a good deal. 59.8% of homes here sold below asking price last month.
Summary: A total of 112 homes were sold or pending in Saginaw in November 2024, down by 0.9% month-over-month. Of the 112 sold homes, 60% were sold under asking, 12% were sold at asking, and 29% were sold over asking.
Days on Market for Saginaw, MI
How long does it take to sell a home in Saginaw, MI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 30 Days | 35 Days | +17.6% |
Summary: Homes in Saginaw had an average of 35 days on market in Nov 2024, up by 17.6% compared to last year.
Breakdown of Home Sale Times
71 Homes Were Sold
Under 30 Days
30 Homes Were Sold
In 30 - 90 Days
11 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Saginaw are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 112 homes were sold in Saginaw; 63% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. 
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