Saginaw County, Michigan Housing Market
In Saginaw County, Michigan, the median home value is $152,800, with a median monthly rent of $947. This places Saginaw County at #2183 nationally out of 3134 counties by median home value, and #67 within Michigan.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $1,162
- Establishments: 3,902
- BLS QCEW, 2025
Housing Supply
- Single-family: 141
- Multi-family: 69
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 78,619 (avg $66,226)
- Outflow: 76,491 (avg $66,599)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 10 active ZIP codes in Saginaw County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 48649 | 199.5 | — | 2025 |
| 2 | 48722 | 184.8 | +3.88% | 2025 |
| 3 | 48602 | 150.3 | -1.63% | 2025 |
| 4 | 48417 | 203.9 | +12.38% | 2025 |
| 5 | 48601 | 186.3 | +13.85% | 2025 |
| 6 | 48655 | 210.0 | +8.67% | 2025 |
| 7 | 48616 | 203.4 | +10.19% | 2025 |
| 8 | 48638 | 166.5 | +4.57% | 2025 |
| 9 | 48603 | 163.2 | +2.69% | 2025 |
| 10 | 48734 | 196.5 | +6.70% | 2025 |
Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.
🔗 Explore Saginaw County on Our Sister Sites
Get the complete picture for Saginaw County — financing options and ongoing ownership costs.
💰 Mortgage Guide → 🧾 Property Tax Data →How Saginaw County Compares
| Metric | Saginaw County | Michigan Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $152,800 | $197,292 | $227,706 |
| Median Gross Rent | $947 | $905 | $968 |
| Owner Occupancy Rate | 74.1% | 80.2% | 73.3% |
| Price/Rent Ratio | 13.4 | 17.9 | 18.7 |
Market Analysis
The median home value in Saginaw County is 22.6% below the Michigan state average and 32.9% below the U.S. national average. The median rent of $947/month is 4.6% above the state average.
With a price-to-rent ratio of 13.4, buying a home in Saginaw County is generally more favorable than renting for those planning to stay long-term. A ratio below 15 typically signals that purchasing is financially advantageous over a multi-year horizon.
Saginaw County has an owner-occupancy rate of 74.1%, compared to 80.2% in Michigan and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Indiana County | Pennsylvania | $152,800 | $800 |
| DeKalb County | Alabama | $152,700 | $693 |
| Clay County | Indiana | $153,000 | $873 |
| Sierra County | New Mexico | $152,600 | $729 |
| Schuylkill County | Pennsylvania | $153,000 | $876 |
Other Counties in Michigan
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Dickinson County | $153,300 | $797 | 82.4% |
| Bay County | $152,200 | $860 | 77.0% |
| Menominee County | $151,800 | $692 | 80.7% |
| Alpena County | $153,900 | $673 | 80.0% |
| Huron County | $154,300 | $788 | 81.8% |
Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).