Market Intelligence · MI / Saginaw

Saginaw, MI 48603 Housing Market

The typical home value in Saginaw, MI 48603 is $232,651, up 4.5% over the past year. The median list price is $289,900, and homes spend a median of 33 days on the market.

Updated August 2026Median value$233K

The median home value in Saginaw, MI 48603 is $233K as of August 2026, up 4.5% 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 48603 range

$214K to $251K

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

+4.5% over 12 months

Typical home value in 48603 over the last 12 months: $223K in Aug 2025 to $233K in Aug 2026 (+4.5%).

Aug 2025$223K

Aug 2026$233K

The numbers

What is the 48603 housing market like?

Typical home value

$233K

Up4.5%YoY

Median list price

$290K

Down10.1%MoM

Days on market

33

Down23.3%MoM

Homes for sale

60

Up30.4%MoM

Price cuts

22.4%

Up65.0%MoM

New listings

20

Down47.4%MoM

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

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The comparison

How do 48603 home prices compare?

  • 48603$232,651
  • 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, MI 48603 shows steady value growth, with the typical home value at $232,651 and up 4.5% over the past year. The median list price of $289,900 sits well above that typical value, which suggests sellers are aiming higher than where most homes land. There are 60 homes for sale with 20 new listings coming on, so buyers have a reasonable amount of choice. A median of 33 days on market means homes are moving at a measured pace, not a rush. For a seller, this is a market where realistic pricing matters more than optimistic pricing.

Monthly payment

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20% · $46,530

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