Market Intelligence · MI / Saginaw

Saginaw, MI 48603 Housing Market

Homes in Saginaw's 48603 ZIP are worth $231,896 on average, up 4.1% over the past year. The median list price sits at $280,050, with homes typically taking 51 days to sell.

Updated September 2026Median value$232K

The median home value in Saginaw, MI 48603 is $232K as of September 2026, up 4.1% 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 48603 range

$213K to $250K

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

+4.1% over 12 months

Sep 2025$223K

Low $223KHigh $232K

Sep 2026$232K

The numbers

What is the 48603 housing market like?

As of September 2026

Typical home value

$232K

4.1%YoY

Median list price

$280K

3.4%MoM

Days on market

54.5%MoM

Homes for sale

3.3%MoM

Price cuts

22.8%

2.0%MoM

New listings

80.0%MoM

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

The outlook

48603 housing market forecast 2027

+4.0%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 48603 to rise 4.0% by September 2027.

Over the 12 months through September 2026, typical home values in 48603 rose 4.1%, per the Zillow Home Value Index.

Will home prices drop in 48603?

Zillow's forecast does not call for a drop: it expects typical home values in 48603 to rise 4.0% by September 2027, after a 4.1% 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 48603 home prices compare?

48603$231,896
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

As of September 2026, there are 62 homes for sale with 36 new listings entering the market. The median days on market of 51 suggests steady interest, though 22.8% of listings have seen price cuts. For a seller, this means you have some room to price strategically, but buyers remain selective about which homes they pursue.

Monthly payment

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Home price

Down payment20% · $46,379

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Common questions

What people ask us.

What is the typical home value in 48603?

The typical home value in Saginaw's 48603 ZIP is $231,896, which has appreciated 4.1% over the past year.

How long do homes stay on the market in 48603?

The median days on market is 51 days as of September 2026.

What is the median list price in 48603?

The median list price is $280,050 as of September 2026.

Discover

Nearby ZIP markets.

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