Zip 48603 (Saginaw, MI) Housing

The median value of housing in 48603 Saginaw, MI is $188,700, which is significantly lower than the US house median value of $338,100. However, the area has seen a 9.86% increase in housing prices over the last year which is higher than the national average of 8.27%. This strong appreciation in home prices indicates that the housing market in Saginaw is healthy and growing.

The median home cost in Saginaw (zip 48603) is $188,700. Home appreciation the last 10 years has been 76.0%. Home Appreciation in Saginaw (zip 48603) is up 15.7%.

Average Age of Homes

- The median age of Saginaw (zip 48603) real estate is 42 years old

The Rental Market in Saginaw (zip 48603)

- Renters make up 36.3% of the Saginaw (zip 48603) population
- 4.7% of houses and apartments in Saginaw (zip 48603), 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
	13,304.0	139,647,020.0
	45	42
	$188,700	$338,100
	15.7%	16.6%
	57.6%	57.0%
	76.0%	101.1%
	$16.06	$10.98
	$2,343	$2,690
	61.2%	57.4%
	8.0%	11.2%
	30.8%	31.4%
Vacant Housing
	4.7%	1.9%
	0.0%	0.4%
	1.2%	0.7%
	0.0%	0.4%
	0.3%	3.6%
	1.7%	4.1%
Value of Owner-Occupied Housing
	3.1%	2.6%
	2.8%	2.4%
	2.0%	2.8%
	5.8%	3.9%
	10.4%	4.5%
	28.3%	11.3%
	21.5%	13.0%
	19.5%	20.1%
	3.4%	13.6%
	0.7%	8.3%
	2.0%	9.7%
	0.3%	3.9%
	0.1%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	12.8%	13.6%
	12.8%	13.6%
	13.9%	13.6%
	10.9%	13.2%
	23.4%	14.8%
	13.9%	13.6%
	12.0%	10.0%
	1.5%	4.7%
	3.6%	12.2%

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