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Saginaw, MI 48601 Housing Market

Data snapshot: October 5, 2026. Closed-sale window: last 6 months.
Saginaw, MI inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.07
ActiveActive listings: 4545PendingPending sales: 33
Saginaw, MI: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $54k$54kSoldMedian sold price (last 6 months): $94k$94k
What homes actually sell for in Saginaw, MI
Distribution of 175 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $39k to $157k
$15k to $45k: 39 sales39sales$15k$45k to $75k: 26 sales$75k to $105k: 25 sales$75k$105k to $135k: 19 sales$135k to $165k: 23 sales$135k$165k to $195k: 13 sales$195k to $225k: 10 sales$195k$225k to $255k: 5 salesMedian $94k

What the numbers say

As of October 5, 2026, Resideline is tracking 45 active listings and 3 pending sales in ZIP code 48601. That pending-to-active ratio of 0.07 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $54,000, while the median of the 175 closed sales Resideline tracked over the last six months was $94,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 48601 for 68 days.

Frequently asked questions

What is the median home price in 48601?

The median closed sale price in Saginaw, MI 48601 was $94,000 over the last six months, based on 175 closed sales tracked by Resideline. The middle half of those sales ranged from $39,106 to $156,895.

Is 48601 a buyer's or seller's market?

Resideline is currently tracking 3 pending sales against 45 active listings in 48601, a pending-to-active ratio of 0.07. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 48601 currently looks like a balanced market.

Nearby ZIP code market data

Full Saginaw, MI housing market report →

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