Housing in Saginaw, MI is an attractive option for buyers looking for affordability. The median housing value in Saginaw is $105,700, which is much less than the US median of $338,100. As a result, potential homeowners may find more value for their money when buying a home in Saginaw. Furthermore, the 1 year house appreciation rate for Saginaw is 9.86%, higher than the national average of 8.27%. This indicates that there is potential for homeowners to experience a strong return on their investment in the city. Thus, those considering purchasing a home should certainly consider Saginaw as an ideal location.
The median home cost in Saginaw is $105,700. Home appreciation the last 10 years has been 76.0%. Home Appreciation in Saginaw is up 15.7%.
Average Age of Homes
- The median age of Saginaw real estate is 68 years old
The Rental Market in Saginaw
- Renters make up 31.3% of the Saginaw population
- 4.1% of houses and apartments in Saginaw, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.