$2,968 Closing Credit*
$249,900
1,994 SqFt
3 Beds
•2 Full Baths, 1 Partial
Nathon Wilson, Listing Office: Wilson Realty
Is Saginaw, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 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
$146,009
$90/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$16,016(+12.3%)
Key Takeaway
Homes in Saginaw have sold for 12.3% more than they did a year ago.
Summary: The median home sold price in Saginaw was $146,009 in December 2024, up 12.3% from last year, and the median price per square foot was $90.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $52K | $55.1K | +6.0% |
| 2 Bedrooms | $75.5K | $82.5K | +9.3% |
| 3 Bedrooms | $135K | $154K | +14.1% |
| 4 Bedrooms | $185K | $199.6K | +7.9% |
| 5+ Bedrooms | $237K | $207.4K | -12.5% |
Summary: Saginaw housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6%, 2 bedroom homes increased by 9.3%, 3 bedroom homes increased by 14.1%, 4 bedroom homes increased by 7.9%, and 5+ bedroom homes decreased by 12.5%.
Median Sold Price Compared To Nearby Cities
| Saginaw | $129.9K | $146K | +12.3% |
| Saginaw Charter Township | $130.1K | $146K | +12.2% |
| Buena Vista Charter Township | $72K | $80K | +11.1% |
| Carrollton Township | $115K | $119.9K | +4.3% |
Housing Supply in Saginaw, MI
How many homes are available in Saginaw, MI?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 441 | 389 | -11.8% |
Summary: The Saginaw real estate market had 389 homes for sale in December 2024, a 11.8% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 90 | 75 | -16.7% |
| 3 Bedrooms | 218 | 194 | -11.0% |
| 4 Bedrooms | 101 | 88 | -12.9% |
| 5+ Bedrooms | 31 | 31 | 0.0% |
Summary: The Saginaw housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 16.7%, 3 bedroom homes decreased by 11%, 4 bedroom homes decreased by 12.9%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 122 | 93 | -23.8% |
Asking Price vs. Sold Price
60 Homes Were Sold
Under Asking
15 Homes Were Sold
At Asking
18 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Saginaw, you may be able to get a good deal. 64.5% of homes here sold below asking price last month.
Summary: A total of 93 homes were sold or pending in Saginaw in December 2024, down by 23.8% month-over-month. Of the 93 sold homes, 65% were sold under asking, 16% were sold at asking, and 19% 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
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 32 Days | 37 Days | +15.4% |
Summary: Homes in Saginaw had an average of 37 days on market in Dec 2024, up by 15.4% compared to last year.
Breakdown of Home Sale Times
53 Homes Were Sold
Under 30 Days
30 Homes Were Sold
In 30 - 90 Days
10 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 December 2024, 93 homes were sold in Saginaw; 57% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 11% 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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