Is Saginaw County, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Saginaw County has remained a Seller's Market.
Housing Prices in Saginaw County, MI
How much do homes in Saginaw County, MI cost?
Median Sold Price
$159,964
$113/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Saginaw County was $159,964 in June 2024, up 11.8% from last year, and the median price per square foot was $113.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $49.9K | $69.9K | +39.9% |
2 Bedrooms | $85K | $83.5K | -1.8% |
3 Bedrooms | $143.2K | $163.6K | +14.2% |
4 Bedrooms | $220K | $219.1K | -0.4% |
5+ Bedrooms | $270K | $280K | +3.7% |
Summary: Saginaw County housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 39.9%, 2 bedroom homes decreased by 1.8%, 3 bedroom homes increased by 14.2%, 4 bedroom homes decreased by 0.4%, and 5+ bedroom homes increased by 3.7%.
Median Sold Price Compared To Nearby Counties
Saginaw County | $143K | $159.9K | +11.8% |
Genesee County | $190.6K | $199.4K | +4.6% |
Bay County | $135.7K | $140K | +3.2% |
Tuscola County | $165K | $170K | +3.0% |
Shiawassee County | $175K | $180K | +2.9% |
Housing Supply in Saginaw County, MI
How many homes are available in Saginaw County, MI?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
548 | 536 | -2.2% |
Summary: The Saginaw County real estate market had 536 homes for sale in June 2024, a 2.2% decrease compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 2 | -33.3% |
2 Bedrooms | 92 | 93 | +1.1% |
3 Bedrooms | 307 | 287 | -6.5% |
4 Bedrooms | 115 | 123 | +7.0% |
5+ Bedrooms | 31 | 31 | 0.0% |
Summary: The Saginaw County housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 1.1%, 3 bedroom homes decreased by 6.5%, 4 bedroom homes increased by 7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
152 | 131 | -13.8% |
Asking Price vs. Sold Price
60 Homes Were Sold
Under Asking
19 Homes Were Sold
At Asking
52 Homes Were Sold
Over Asking
Summary: A total of 131 homes were sold or pending in Saginaw County in June 2024, down by 13.8% month-over-month. Of the 131 sold homes, 46% were sold under asking, 15% were sold at asking, and 40% were sold over asking.
Days on Market for Saginaw County, MI
How long does it take to sell a home in Saginaw County, MI?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
15 Days | 26 Days | +67.2% |
Summary: Homes in Saginaw County had an average of 26 days on market in Jun 2024, up by 67.2% compared to last year.
Breakdown of Home Sale Times
102 Homes Were Sold
Under 30 Days
19 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Summary: During June 2024, 131 homes were sold in Saginaw County; 78% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.