Data as of February 2026. Source: Realtor.com.
The SAGINAW, MI real estate market (48609) currently shows 32 active listings, with 10 pending sales. Homes are averaging 64 days on the market before going under contract.
Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 64 days on market compared to 44 days last year.
The median listing price has fallen 1.4% year-over-year, from $192,400 to $189,675.
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.
Population: 12,339 · Density: 106.2/mi² · Median household income: $76,669
Typical home value: $158,570 · Homeownership: 88.5%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 48609 | Saginaw, MI 48609 | 0.0 mi | 29 | $11,251,130 | $239,400 | $387,970 |
| 48603 | Saginaw, MI 48603 | 5.9 mi | 63 | $19,148,787 | $289,900 | $303,949 |
| 48626 | Hemlock, MI 48626 | 7.4 mi | 16 | $6,330,128 | $267,500 | $395,633 |
| 48607 | Saginaw, MI 48607 | 8.3 mi | 3 | $148,350 | $49,450 | $49,450 |
| 48623 | Freeland, MI 48623 | 9.4 mi | 38 | $18,522,948 | $444,950 | $487,446 |
| 48604 | Saginaw, MI 48604 | 10.0 mi | 26 | $6,435,936 | $164,500 | $247,536 |
| 48637 | Merrill, MI 48637 | 12.6 mi | 3 | $464,700 | $154,900 | $154,900 |
| 48616 | Chesaning, MI 48616 | 13.5 mi | 17 | $4,955,653 | $219,900 | $291,509 |
| 48706 | Bay City, MI 48706 | 16.0 mi | 110 | $31,869,640 | $239,900 | $289,724 |
| 48415 | Birch Run, MI 48415 | 16.5 mi | 18 | $6,833,142 | $265,000 | $379,619 |
| 48457 | Montrose, MI 48457 | 16.8 mi | 15 | $3,313,170 | $164,900 | $220,878 |
| 48649 | Oakley, MI 48649 | 17.2 mi | 5 | $1,688,400 | $364,500 | $337,680 |
| 48640 | Midland, MI 48640 | 18.4 mi | 88 | $33,953,832 | $265,000 | $385,839 |
As of February 2026, there are 32 active listings in SAGINAW, MI (zip code 48609), compared to 29 the prior year.
The median listing price in SAGINAW, MI 48609 is $189,675 as of February 2026, a 1.4% decrease from $192,400 the prior year.
Homes in SAGINAW, MI 48609 spend an average of 64 days on the market before going under contract, compared to 44 days the prior year.
Based on current inventory and days-on-market data as of February 2026, SAGINAW, MI 48609 is currently a Buyer's Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 64 days on market compared to 44 days last year.
With SELL123.com's maximum 3% commission, sellers in SAGINAW, MI 48609 save an estimated $3,794 compared to a typical 5% commission on the median listing price of $189,675. 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.