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SAGINAW, MI 48603

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

Market Analysis

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

The SAGINAW, MI real estate market (48603) currently shows 69 active listings, with 27 pending sales. Homes are averaging 54 days on the market before going under contract.

Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 54 days on market compared to 75 days last year.

The median listing price has fallen 17.2% year-over-year, from $331,250 to $274,425.

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 Context

Market Context

Population: 28,426  ·  Density: 602.3/mi²  ·  Median household income: $61,881

Typical home value: $167,745  ·  Homeownership: 64.5%

Market Overview

Active Listings
69
⇩ 5.5% vs 73 last year
Pending
27
39% pending ratio
Median Price
$274,425
⇩ 17.2% vs $331,250 last year
Average Price
$296,718
⇩ 10.6% vs $331,987 last year
Days on Market
54
⇩ 28% vs 75 days last year

Price Per Square Foot

Median $/sqft
$144
⇩ 7.7% vs $156/sqft last year
Median Home Size
1,782 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 69 this year vs 73 last year
  • Days on market: 54 now vs 75 last year

Median & Average Pricing

Year over Year
  • Median: $274,425 (-17.2% YoY)
  • Average: $296,718 (-10.6% 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 19.1 miles — 505 listings ($111,339,251 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
48603Saginaw, MI 486030.0 mi63$19,148,787$289,900$303,949
48602Saginaw, MI 486024.1 mi154$16,046,492$90,000$104,198
48724Carrollton, MI 487245.2 mi3$282,000$95,000$94,000
48609Saginaw, MI 486095.9 mi29$11,251,130$239,400$387,970
48601Saginaw, MI 486018.1 mi106$9,926,052$78,700$93,642
48626Hemlock, MI 4862610.2 mi16$6,330,128$267,500$395,633
48611Auburn, MI 4861112.1 mi14$3,872,246$224,900$276,589
48655Saint Charles, MI 4865513.5 mi14$3,147,214$194,900$224,801
48417Burt, MI 4841714.8 mi4$719,000$167,500$179,750
48637Merrill, MI 4863715.7 mi3$464,700$154,900$154,900
48734Frankenmuth, MI 4873416.3 mi23$9,418,822$351,000$409,514
48415Birch Run, MI 4841517.6 mi18$6,833,142$265,000$379,619
48642Midland, MI 4864219.1 mi58$23,899,538$369,000$412,061

Frequently Asked Questions

How many homes are for sale in SAGINAW, MI 48603?

As of February 2026, there are 69 active listings in SAGINAW, MI (zip code 48603), compared to 73 the prior year.

What is the median home price in SAGINAW, MI 48603?

The median listing price in SAGINAW, MI 48603 is $274,425 as of February 2026, a 17.2% decrease from $331,250 the prior year.

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

Homes in SAGINAW, MI 48603 spend an average of 54 days on the market before going under contract, compared to 75 days the prior year.

Is it a seller's or buyer's market in SAGINAW, MI 48603?

Based on current inventory and days-on-market data as of February 2026, SAGINAW, MI 48603 is currently a Seller's Market. Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 54 days on market compared to 75 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 48603 save an estimated $5,489 compared to a typical 5% commission on the median listing price of $274,425. 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.