Zip 48601 (Saginaw, MI) Housing

Housing in 48601 Saginaw, MI is very affordable compared to the US average. The median value of a house in 48601 Saginaw, MI is $46,200, which is much lower than the US median value of $338,100. In addition, the 1 year house appreciation rate for 48601 Saginaw, MI is 9.86%, which is higher than the US appreciation rate of 8.27%. This makes owning a home in 48601 Saginaw, MI an attractive option as housing prices are likely to appreciate over time.

The median home cost in Saginaw (zip 48601) is $46,200. Home appreciation the last 10 years has been 76.0%. Home Appreciation in Saginaw (zip 48601) is up 15.7%.

Average Age of Homes

- The median age of Saginaw (zip 48601) real estate is 58 years old

The Rental Market in Saginaw (zip 48601)

- Renters make up 30.2% of the Saginaw (zip 48601) population
- 4.6% of houses and apartments in Saginaw (zip 48601), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Saginaw, Michigan	United States
	16,120.0	139,647,020.0
	63	42
	$46,200	$338,100
	15.7%	16.6%
	57.6%	57.0%
	76.0%	101.1%
	$16.48	$10.98
	$1,154	$2,690
	53.2%	57.4%
	16.6%	11.2%
	30.3%	31.4%
Vacant Housing
	4.6%	1.9%
	0.1%	0.4%
	1.1%	0.7%
	1.1%	0.4%
	0.1%	3.6%
	9.5%	4.1%
Value of Owner-Occupied Housing
	21.4%	2.6%
	25.7%	2.4%
	13.3%	2.8%
	13.3%	3.9%
	8.8%	4.5%
	9.5%	11.3%
	3.2%	13.0%
	3.3%	20.1%
	0.8%	13.6%
	0.4%	8.3%
	0.1%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.1%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	3.3%	13.6%
	3.3%	13.6%
	3.3%	13.6%
	5.3%	13.2%
	14.3%	14.8%
	3.3%	13.6%
	22.9%	10.0%
	11.8%	4.7%
	19.6%	12.2%

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