The housing market in 48607 Saginaw, MI is doing better than the national average. The median value of a house in 48607 Saginaw, MI is currently $68,200 while the US median home value is $338,100. Additionally, the one year appreciation rate for homes in 48607 Saginaw, MI is 9.86%, which is higher than the national average of 8.27%. This indicates that the housing market in the area is doing well and prices are likely to continue to increase over time.
The median home cost in Saginaw (zip 48607) is $68,200. Home appreciation the last 10 years has been 76.0%. Home Appreciation in Saginaw (zip 48607) is up 15.7%.
Average Age of Homes
- The median age of Saginaw (zip 48607) real estate is 78 years old
The Rental Market in Saginaw (zip 48607)
- Renters make up 29.1% of the Saginaw (zip 48607) population
- 6.0% of houses and apartments in Saginaw (zip 48607), 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.