The Housing Median Value in 48604 Saginaw, MI is $116,900, which is significantly lower than the US House Median Value of $338,100. This indicates that Saginaw, MI is more affordable than other parts of the United States in terms of housing. However, the House 1 year appreciation in 48604 Saginaw, MI stands at 9.86%, which is higher than the US 1 year House Appreciation rate of 8.27%. This suggests that housing prices in Saginaw are appreciating faster than other areas in the country, making it an attractive place to invest in real estate.
The median home cost in Saginaw (zip 48604) is $116,900. Home appreciation the last 10 years has been 76.0%. Home Appreciation in Saginaw (zip 48604) is up 15.7%.
Average Age of Homes
- The median age of Saginaw (zip 48604) real estate is 53 years old
The Rental Market in Saginaw (zip 48604)
- Renters make up 24.9% of the Saginaw (zip 48604) population
- 4.5% of houses and apartments in Saginaw (zip 48604), 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.