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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Saginaw County is a seller's market

Buyer's
Market

Difference Since August 2021

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

Key Takeaway

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

How much do homes in Saginaw County, MI cost?

Median Sold Price

$139,326

$98/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2021

+$9,353(+7.2%)

Key Takeaway

Homes in Saginaw County have sold for 7.2% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSAug 2021Aug 2022%
1 $52.9K$40.5K
-23.5%
2 $72K$80K
+11.1%
3 $130.8K$144.9K
+10.7%
4 $174.9K$190.3K
+8.8%
5+ $188.3K$185K
-1.8%

Median Sold Price Compared To Nearby Counties

Shiawassee County
+11.2%
Bay County
+10.0%
Tuscola County
+10.0%
Genesee County
+8.6%
Saginaw County
+7.2%

How many homes are available in Saginaw County, MI?

Number of Homes For Sale

Jul 2022Aug 2022%
527623+18.2%

Homes For Sale By Bedroom Count

# BEDSJul 2022Aug 2022%
1 37
+133.3%
2 84102
+21.4%
3 277325
+17.3%
4 128147
+14.8%
5+ 3542
+20.0%

Number of Homes Sold

Jul 2022Aug 2022%
128161+25.8%

Asking Price vs. Sold Price

70 Homes Were Sold
Under Asking

20 Homes Were Sold
At Asking

69 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Saginaw County, you may be able to get a good deal. 44% of homes here sold below asking price last month.

Average Sale Time

Aug 2021Aug 2022%
17 Days23 Days+38.7%

Breakdown of Home Sale Times

125 Homes Were Sold
Under 30 Days

26 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Saginaw County 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 County, MI

Number of homes for sale in Saginaw County, MI real estate market have reached 623. Between July 2022 and August 2022, Saginaw County, MI real estate market has seen increase in the number of listings by 18.2%. The median list price of listings available in August 2022 was $139,326, while the average time on the real estate market was 23 days. This housing market listing prices have changed between July 2022 and August 2022: prices of 1 bedroom properties decreased by 23.5%, prices of 2 bedrooms properties went up by 11.1%, 3 bedrooms properties became 10.7% more expensive, the cost of 4 bedrooms properties went up by 8.8%, prices of 5 bedrooms properties decreased by 1.8%. Volume of homes for sale changed: number of 1 bedroom homes increased by 133.3%, 2 bedrooms homes became 21.4% more available, number of 3 bedrooms homes increased by 17.3%, number of 4 bedrooms homes increased by 14.8%, the quantity of 5 bedrooms homes went up by 20%. While more than 69 listings in Saginaw County, MI in August 2022 were sold above asking price, there were more than 20 listings sold at asking price, and more than 70 were sold below.

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