Call or Text (240) SELL-123

SAGINAW, MI 48602

Real Estate Market Report
Buyer's Market
February 2026  ·  Source: Realtor.com

Market Analysis

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

The SAGINAW, MI real estate market (48602) currently shows 155 active listings, with 40 pending sales. Homes are averaging 95 days on the market before going under contract.

Inventory has increased compared to last year, with 53 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 95 days on market compared to 46 days last year.

The median listing price has risen 5.4% year-over-year, from $85,288 to $89,900.

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.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for SAGINAW, MI 48602 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Context

Market Context

Population: 27,575  ·  Density: 1,362.2/mi²  ·  Median household income: $44,939

Typical home value: $63,810  ·  Homeownership: 60.0%

Market Overview

Active Listings
155
⇧ 52% vs 102 last year
Pending
40
26% pending ratio
Median Price
$89,900
⇧ 5.4% vs $85,288 last year
Average Price
$104,034
⇩ 9.6% vs $115,072 last year
Days on Market
95
⇧ 106.5% vs 46 days last year

Price Per Square Foot

Median $/sqft
$77
⇧ 2.7% vs $75/sqft last year
Median Home Size
1,197 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 155 this year vs 102 last year
  • Days on market: 95 now vs 46 last year

Median & Average Pricing

Year over Year
  • Median: $89,900 (+5.4% YoY)
  • Average: $104,034 (-9.6% 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 18.4 miles — 473 listings ($107,118,625 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
48602Saginaw, MI 486020.0 mi154$16,046,492$90,000$104,198
48638Saginaw, MI 486382.3 mi39$11,268,972$232,300$288,948
48603Saginaw, MI 486034.1 mi63$19,148,787$289,900$303,949
48604Saginaw, MI 486045.4 mi26$6,435,936$164,500$247,536
48722Bridgeport, MI 487228.5 mi8$2,384,264$220,000$298,033
48417Burt, MI 4841711.2 mi4$719,000$167,500$179,750
48706Bay City, MI 4870612.4 mi110$31,869,640$239,900$289,724
48626Hemlock, MI 4862612.7 mi16$6,330,128$267,500$395,633
48747Munger, MI 4874712.8 mi2$399,800$199,900$199,900
48757Reese, MI 4875715.2 mi11$1,986,600$167,500$180,600
48732Essexville, MI 4873216.1 mi16$3,916,656$219,950$244,791
48616Chesaning, MI 4861617.1 mi17$4,955,653$219,900$291,509
48631Kawkawlin, MI 4863118.4 mi7$1,656,697$259,900$236,671

Frequently Asked Questions

How many homes are for sale in SAGINAW, MI 48602?

As of February 2026, there are 155 active listings in SAGINAW, MI (zip code 48602), compared to 102 the prior year.

What is the median home price in SAGINAW, MI 48602?

The median listing price in SAGINAW, MI 48602 is $89,900 as of February 2026, a 5.4% increase from $85,288 the prior year.

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

Homes in SAGINAW, MI 48602 spend an average of 95 days on the market before going under contract, compared to 46 days the prior year.

Is it a seller's or buyer's market in SAGINAW, MI 48602?

Based on current inventory and days-on-market data as of February 2026, SAGINAW, MI 48602 is currently a Buyer's Market. Inventory has increased compared to last year, with 53 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 95 days on market compared to 46 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 48602 save an estimated $1,798 compared to a typical 5% commission on the median listing price of $89,900. 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.