Market Intelligence · MI / Saginaw

Saginaw, MI 48602 Housing Market

Typical home value in Saginaw's 48602 ZIP is $84,229, up 3.2% over the past year. Median list price stands at $89,925, with homes taking 59 days to sell as of September 2026.

Updated September 2026Median value$84K

The median home value in Saginaw, MI 48602 is $84K as of September 2026, up 3.2% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 48602 range

$77K to $91K

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

+3.2% over 12 months

Sep 2025$82K

Low $82KHigh $84K

Sep 2026$84K

The numbers

What is the 48602 housing market like?

As of September 2026

Typical home value

$84K

3.2%YoY

Median list price

$90K

0.1%MoM

Days on market

20.4%MoM

Homes for sale

126

0.0%MoM

Price cuts

19.7%

14.5%MoM

New listings

11.1%MoM

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

The outlook

48602 housing market forecast 2027

+4.5%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 48602 to rise 4.5% by September 2027.

Over the 12 months through September 2026, typical home values in 48602 rose 3.2%, per the Zillow Home Value Index.

Will home prices drop in 48602?

Zillow's forecast does not call for a drop: it expects typical home values in 48602 to rise 4.5% by September 2027, after a 3.2% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 48602 home prices compare?

48602$84,229
Saginaw$142,849
Michigan$241,156
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Saginaw: 7 ZIPs; Michigan: 891 ZIPs; United States: 26,262 ZIPs).

Context

Saginaw 48602 has 126 homes for sale with 32 new listings added in September 2026. The median list price of $89,925 sits modestly above the typical home value of $84,229. At 59 days on market, homes are moving at a measured pace, and 19.7% of listings have seen price cuts. For sellers, this suggests a patient market where pricing strategy matters more than speed.

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Home price

Down payment20% · $16,846

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Common questions

What people ask us.

What is a typical home worth in 48602?

Typical home value is $84,229, which increased 3.2% over the past year.

How long do homes take to sell in 48602?

The median days on market is 59 as of September 2026.

How many homes are for sale in 48602?

There are 126 homes for sale, with 32 new listings as of September 2026.

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