Market Intelligence · MI / Saginaw

Saginaw, MI 48601 Housing Market

The typical home value in Saginaw, MI 48601 is $61,588, up 1.4% over the past year as of 2026-08-01. The median list price is $64,900, and homes spend a median of 47 days on market. That makes 48601 one of the more affordable markets a seller will find, though appreciation is modest.

Updated August 2026Median value$62K

The median home value in Saginaw, MI 48601 is $62K as of August 2026, up 1.4% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 48601 range

$57K to $67K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+1.4% over 12 months

Typical home value in 48601 over the last 12 months: $61K in Aug 2025 to $62K in Aug 2026 (+1.4%).

Aug 2025$61K

Aug 2026$62K

The numbers

What is the 48601 housing market like?

Typical home value

$62K

Up1.4%YoY

Median list price

$65K

Up0.7%MoM

Days on market

47

Up9.3%MoM

Homes for sale

98

Up5.4%MoM

Price cuts

22.7%

Up10.1%MoM

New listings

32

Down30.4%MoM

Sources · Zillow ZHVI (August 2026) / Realtor.com (August 2026) / FRED (September 2026)

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The comparison

How do 48601 home prices compare?

  • 48601$61,588
  • Saginaw$144,923
  • Michigan$243,093
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Saginaw: 7 ZIPs; Michigan: 891 ZIPs; United States: 26,265 ZIPs).

Context

Saginaw's 48601 ZIP had 98 homes for sale as of 2026-08-01, with 32 new listings entering the market. The median list price sits at $64,900, slightly above the typical home value of $61,588. Homes take a median of 47 days to sell, which is neither fast nor stalled. Meanwhile, 22.7% of listings have taken a price cut, suggesting some sellers are starting too high and adjusting down. For a seller, the honest read is that values are rising slowly, so realistic pricing from day one matters more than testing the market.

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