$802 Closing Credit*
$67,500
939 SqFt
2 Beds
•1 Full Bath
Troy Schearer, Rick Willson, Listing Office: JPAR - Great Lakes Bay Region
Is Saginaw County, 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 County has remained a Seller's Market.
Key Takeaway
Saginaw County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Saginaw County, MI
How much do homes in Saginaw County, MI cost?
Median Sold Price
$168,268
$103/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$18,435(+12.3%)
Key Takeaway
Homes in Saginaw County have sold for 12.3% more than they did a year ago.
Summary: The median home sold price in Saginaw County was $168,268 in November 2024, up 12.3% from last year, and the median price per square foot was $103.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $52K | $61.8K | +18.8% |
| 2 Bedrooms | $85K | $90K | +5.9% |
| 3 Bedrooms | $150K | $170.8K | +13.9% |
| 4 Bedrooms | $196K | $225.7K | +15.2% |
| 5+ Bedrooms | $250K | $244.7K | -2.1% |
Summary: Saginaw County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 18.8%, 2 bedroom homes increased by 5.9%, 3 bedroom homes increased by 13.9%, 4 bedroom homes increased by 15.2%, and 5+ bedroom homes decreased by 2.1%.
Median Sold Price Compared To Nearby Counties
| Saginaw County | $149.8K | $168.2K | +12.3% |
| Bay County | $140K | $155K | +10.7% |
| Tuscola County | $165K | $173.6K | +5.3% |
| Genesee County | $194.6K | $202.3K | +3.9% |
| Shiawassee County | $179.9K | $182.5K | +1.4% |
Housing Supply in Saginaw County, MI
How many homes are available in Saginaw County, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 676 | 639 | -5.5% |
Summary: The Saginaw County real estate market had 639 homes for sale in November 2024, a 5.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 110 | 116 | +5.5% |
| 3 Bedrooms | 358 | 320 | -10.6% |
| 4 Bedrooms | 154 | 156 | +1.3% |
| 5+ Bedrooms | 52 | 45 | -13.5% |
Summary: The Saginaw County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 5.5%, 3 bedroom homes decreased by 10.6%, 4 bedroom homes increased by 1.3%, and 5+ bedroom homes decreased by 13.5%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 163 | 158 | -3.1% |
Asking Price vs. Sold Price
88 Homes Were Sold
Under Asking
21 Homes Were Sold
At Asking
49 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Saginaw County, you may be able to get a good deal. 55.7% of homes here sold below asking price last month.
Summary: A total of 158 homes were sold or pending in Saginaw County in November 2024, down by 3.1% month-over-month. Of the 158 sold homes, 56% were sold under asking, 13% were sold at asking, and 31% were sold over asking.
Days on Market for Saginaw County, MI
How long does it take to sell a home in Saginaw County, MI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 26 Days | 35 Days | +31.9% |
Summary: Homes in Saginaw County had an average of 35 days on market in Nov 2024, up by 31.9% compared to last year.
Breakdown of Home Sale Times
99 Homes Were Sold
Under 30 Days
43 Homes Were Sold
In 30 - 90 Days
16 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Saginaw County are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 158 homes were sold in Saginaw County; 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.
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