Is Saginaw Charter Township, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Saginaw Charter Township is a seller's market

Buyer's
Market

Difference Since December 2021

Since last year, Saginaw Charter Township has remained a Seller's Market.

Key Takeaway

Saginaw Charter Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Saginaw Charter Township, MI cost?

Median Sold Price

$187,091

$117/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2021

+$22,091(+13.4%)

Key Takeaway

Homes in Saginaw Charter Township have sold for 13.4% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2021Dec 2022%
1 $42K$49.6K
+18.2%
2 $101K$120K
+18.8%
3 $155K$176K
+13.5%
4 $214K$255K
+19.2%
5+ $251K$373K
+48.6%

Median Sold Price Compared To Nearby Cities

Thomas Township
+19.2%
Saginaw Charter Township
+13.4%
Carrollton Township
+8.3%
Saginaw
-4.1%

How many homes are available in Saginaw Charter Township, MI?

Number of Homes For Sale

Nov 2022Dec 2022%
11897-17.8%

Homes For Sale By Bedroom Count

# BEDSNov 2022Dec 2022%
1 11
0.0%
2 116
-45.5%
3 6853
-22.1%
4 2929
0.0%
5+ 98
-11.1%

Number of Homes Sold

Nov 2022Dec 2022%
3831-18.4%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Saginaw Charter Township, you may be able to get a good deal. 38.7% of homes here sold below asking price last month.

Average Sale Time

Dec 2021Dec 2022%
20 Days19 Days-2.0%

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Saginaw Charter Township are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Saginaw Charter Township, MI

There are 97 homes are for sale in Saginaw Charter Township, MI real estate market. The inventory of homes for sale in Saginaw Charter Township, MI between November 2022 and December 2022 decreased by 17.8%. In December 2022 median list price was $187,091 and the average listing age was 19 days. Listing prices have changed in this real estate market between November 2022 and December 2022: the cost of 1 bedroom properties went up by 18.2%, 2 bedrooms properties became 18.8% more expensive, prices of 3 bedrooms properties went up by 13.5%, 4 bedrooms properties became 19.2% more expensive, the cost of 5 bedrooms properties went up by 48.6%. Volume of homes for sale in this real estate market have seen the following changes: number of 1 bedroom homes remained the same, 2 bedrooms homes inventory decreased by 45.5%, volume of 3 bedrooms homes went down by 22.1%, the quantity of 4 bedrooms homes have not changed, 5 bedrooms homes inventory decreased by 11.1%. Saginaw Charter Township, MI housing market in December 2022 saw over 10 listings sold above listed price, more than 9 sold at listed price and over 12 sold below.

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