Saginaw housing market
Typical home value
$175K
▲ 5.4% 1 yr
Typical rent
$1,055/mo
▲ 8.1% 1 yr
12-month forecast
+5.1%
#12 of 546 metros
Gross rent yield
7.2%
#101 of 546 · U.S. 6.3%
Days to pending
39 days
▲ +9 days 1 yr
Listings with a price cut
29%
▲ +2.4 pts 1 yr
Key takeaways
- 1The typical home is worth $175,095, up 5.4% in a year and up 41% over five years.
- 2Zillow forecasts home values rising 5.1% over the next 12 months (U.S.: +1.1%).
- 3Typical rent is $1,055/mo (+8.1% YoY), a 7.2% gross yield, above the U.S. 6.3%.
- 4At 7.32% with 20% down, the typical home costs $962/mo in principal and interest, $93 less than renting.
- 5Homes go under contract in 39 days (+9 days vs last year); 29% of listings have had a price cut.
Market temperature
Buyer's market
Buyer'sNeutralSeller's
Zillow Market Heat Index: 42/100, #249 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.
Home values and rent
How fast homes are selling
For saleNew listings
Affordability
To buy (20% down)To rent
Source: Zillow Research (ZHVI, ZORI and market activity data).
How Saginaw compares
| Measure | Saginaw | United States | Rank of 546 |
|---|---|---|---|
| Home value, 1-yr change | +5.4% | +1.2% | #53 |
| Home value, 5-yr change | +41.5% | +19.7% | |
| 12-month forecast | +5.1% | +1.1% | #12 |
| Rent, 1-yr change | +8.1% | +2.7% | #32 |
| Gross rent yield | 7.2% | 6.3% | #101 |
| Price-to-rent ratio | 13.8 | 15.8 | |
| Mortgage P&I on typical home | $962 | $2,012 | |
| Income needed to buy | $51,714 | $100,902 | |
| Days to pending | 39 | 56 |
Cities in the Saginaw metro
1 cities with home value and rent data.
| Saginaw | $134K | ▲ 5.1% | $1,058 | ▲ 8.3% | 9.5% |
Run the numbers
Rental property calculator
Cash flow on a typical Saginaw rental ($175K, $1,055/mo), pre-filled.
Mortgage calculator
Monthly payment on a typical Saginaw home.
Rent vs buy
Is it cheaper to rent or buy in Saginaw?
Renting out a property in Michigan? See deposit limits, late fee rules and notice periods.
Other Michigan metros
Detroit, MI
$264K home$1,514 rent6.9% yield
▲ 1.8% 1 yr
Grand Rapids, MI
$356K home$1,614 rent5.4% yield
▲ 4.9% 1 yr
Lansing, MI
$246K home$1,302 rent6.3% yield
▲ 3.6% 1 yr
Flint, MI
$196K home$1,041 rent6.4% yield
▲ 4.1% 1 yr
Ann Arbor, MI
$412K home$1,917 rent5.6% yield
▲ 2.4% 1 yr
Kalamazoo, MI
$274K home$1,287 rent5.6% yield
▲ 4.4% 1 yr
Muskegon, MI
$255K home$1,288 rent6.1% yield
▲ 4.3% 1 yr
Jackson, MI
$225K home$1,185 rent6.3% yield
▲ 2.6% 1 yr
Gross yield = 12 × typical rent ÷ typical home value, before expenses. Mortgage estimate: 20% down, 30-year fixed at the current Freddie Mac average, principal and interest only. Forecast: Zillow Home Value Forecast. Data refreshed Oct 26, 2026.