Saginaw Metro Area, MI Housing

The housing market in Saginaw, MI Metro Area is an attractive option for potential homeowners. The median value of a home in the area is $139,700, which is significantly lower than the US median value of $338,100. Despite its lower cost, the appreciation rate of homes over the past year was 9.69%, higher than the US rate of 8.27%. With its relative affordability and strong appreciation rate, Saginaw, MI Metro Area is a great place to invest in real estate.

The median home cost in Saginaw Metro Area is $139,700. Home appreciation the last 10 years has been 79.1%. Home Appreciation in Saginaw Metro Area is up 15.5%.

Average Age of Homes

- The median age of Saginaw Metro Area real estate is 52 years old

The Rental Market in Saginaw Metro Area

- Renters make up 24.3% of the Saginaw Metro Area population
- 3.2% of houses and apartments in Saginaw Metro Area, 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Saginaw, Michigan	United States
	86,095.0	139,647,020.0
	54	42
	$139,700	$338,100
	15.5%	16.6%
	57.6%	57.0%
	79.1%	101.1%
	$16.48	$10.98
	$1,885	$2,690
	65.3%	57.4%
	9.4%	11.2%
	25.3%	31.4%
Vacant Housing
	3.2%	1.9%
	0.2%	0.4%
	1.0%	0.7%
	0.9%	0.4%
	0.4%	3.6%
	3.8%	4.1%
Value of Owner-Occupied Housing
	6.6%	2.6%
	9.1%	2.4%
	7.2%	2.8%
	11.2%	3.9%
	9.8%	4.5%
	20.6%	11.3%
	15.0%	13.0%
	13.8%	20.1%
	3.9%	13.6%
	1.4%	8.3%
	0.9%	9.7%
	0.2%	3.9%
	0.1%	2.2%
	0.0%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	6.8%	13.6%
	6.8%	13.6%
	8.7%	13.6%
	7.6%	13.2%
	19.4%	14.8%
	8.7%	13.6%
	16.2%	10.0%
	6.7%	4.7%
	16.8%	12.2%

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