Is Saginaw, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Saginaw is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Saginaw was a Seller's Market.

Key Takeaway

Saginaw is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

How much do homes in Saginaw, TX cost?

Median Sold Price

$565,900

$173/sqft

Based on all homes sold in November 2022.

Difference Since Last Month

+$252,594(+80.6%)

Key Takeaway

Homes in Saginaw have sold for 80.6% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSOct 2022Nov 2022%
1 --
N/A
2 --
N/A
3 $212.5K-
N/A
4 $311.6K$565.9K
+81.6%
5+ $571K-
N/A

Median Sold Price Compared To Nearby Cities

Saginaw
+80.6%
Fort Worth
+43.1%
Northeast Tarrant
-16.5%

How many homes are available in Saginaw, TX?

Number of Homes For Sale

Oct 2022Nov 2022%
161154-4.3%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 00
0.0%
2 33
0.0%
3 7071
+1.4%
4 7670
-7.9%
5+ 1210
-16.7%

Number of Homes Sold

Oct 2022Nov 2022%
3624-33.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Saginaw, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Average Sale Time

Oct 2022Nov 2022%
96 Days122 Days+26.8%

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Saginaw are taking a long time to sell, it's a good idea to negotiate on homes here.

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

About Saginaw, TX

Homes for sale in Saginaw, TX have reached 154. The number of homes for sale in Saginaw, TX decreased by 4.3% between October 2022 and November 2022. In November 2022, listings were on the market for 122 days. During the same period, the median list price in this real estate market was $565,900. Between November 2021 and November 2022, listing prices of homes in this real estate market have seen the following changes: 1 bedroom properties became 0% more expensive, prices of 2 bedrooms properties went up by 0%, the cost of 3 bedrooms properties went up by 0%, the cost of 4 bedrooms properties went up by 81.6%, prices of 5 bedrooms properties increased by 0%. This housing market inventory have changed: 1 bedroom homes inventory did not change, number of 2 bedrooms homes remained the same, 3 bedrooms homes became 1.4% more available, 4 bedrooms homes inventory decreased by 7.9%, 5 bedrooms homes became 16.7% less available. Over 1 listings were sold over their listed price in November 2022 in Saginaw, TX. In the same period over 2 listings were sold below the listed price and 0 listings were sold for the listed price.

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