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Is Saginaw, MI 48607 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Saginaw is a buyer’s market. With about 6.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply6.4Under 4 months = seller’s market
Sold above original list99.9%Share of sales, last 3 months
Median sale-to-list—Sold price ÷ list price
Median days on market—Listing to accepted offer
Median price per sq ft$21▼ −65.1% vs. last year

The Saginaw housing market right now

In the three months ending August 31, 2026, 100% of homes in Saginaw, MI 48607 sold above their list price and there were 6.4 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 1 sale, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold more slowly (72 days then) and the median sale price fell 60% to $64,972. Overall, Saginaw is less competitive than a year ago, which gives buyers more room.

Within Saginaw County, homes here sell more often over asking than in any other ZIP code in the county.

Nearby, buyers who want less competition could look at Carrollton 48724 (0% sold over asking) or Frankenmuth 48734 (9% sold over asking).

Run the numbers for 48607

Prefilled for 48607Can I win this house?Multiple-offer likelihood for a listing Prefilled for 48607Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Birch Run 48415Seller’s market $162 /sq ftBrant 48614 $122 /sq ftBridgeport 48722Seller’s market $131 /sq ftBurt 48417Seller’s market $111 /sq ft Browse all markets →

Towns like Saginaw nearby

Find towns like Saginaw in other states →
Flint, MI48503 · 31 miles away24% similarlarger · older residents Flint, MI48504 · 27 miles away20% similarlarger · more homeowners Flint, MI48505 · 28 miles away20% similarcheaper homes ($42K less) · larger Saginaw, MI48602 · 2 miles away15% similarlarger · more homeowners

Where Saginaw is

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Questions about Saginaw real estate

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

A buyer’s market: there were 6.4 months of supply in Saginaw, MI 48607 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

Do homes in Saginaw sell over asking?

100% of homes sold above their original list price.

What are property taxes in Saginaw?

About 1.49% of a home’s value a year in Saginaw County, or roughly $5,960 on a $400,000 home.

What is the median home price in Saginaw?

The median sale price was $64,972 in the three months ending August 31, 2026, about $21 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology