Start Free
All market snapshots / 48603

Saginaw, MI 48603 Housing Market

Data snapshot: October 26, 2026. Closed-sale window: last 6 months.
Saginaw, MI inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.06
ActiveActive listings: 3434PendingPending sales: 22
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): $255k$255kSoldMedian sold price (last 6 months): $235k$235k
What homes actually sell for in Saginaw, MI
Distribution of 238 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $195k to $310k
$125k to $174k: 29 sales$125k$174k to $222k: 62 sales62sales$222k to $271k: 58 sales$222k$271k to $320k: 20 sales$320k to $368k: 16 sales$320k$368k to $417k: 16 sales$417k to $466k: 8 sales$417k$466k to $514k: 5 salesMedian $235k

What the numbers say

As of October 26, 2026, Resideline is tracking 34 active listings and 2 pending sales in ZIP code 48603. That pending-to-active ratio of 0.06 makes it a typical-pace market: listings are going under contract at about the pace of most ZIP codes Resideline tracks.

The median asking price of current listings is $254,900, while the median of the 238 closed sales Resideline tracked over the last six months was $234,900. 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 48603 for 79 days.

Frequently asked questions

What is the median home price in 48603?

The median closed sale price in Saginaw, MI 48603 was $234,900 over the last six months, based on 238 closed sales tracked by Resideline. The middle half of those sales ranged from $195,000 to $310,000.

Is 48603 a buyer's or seller's market?

Resideline is currently tracking 2 pending sales against 34 active listings in 48603, a pending-to-active ratio of 0.06. Resideline tracks a sample of pending sales, so the ratio is most useful as a comparison: across the 3,777 ZIP codes Resideline tracks, the middle half run from 0.05 to 0.11. A higher ratio means listings go under contract faster, which usually favors sellers; a lower one gives buyers more room. By that comparison, 48603 is currently a typical-pace market.

Nearby ZIP code market data

Full Saginaw, MI housing market report →

Running a deal in 48603? Free tools: ARV calculator · rehab cost estimator · BRRRR calculator · wholesale calculator · MAO calculator · home appreciation calculator. One address: real estate deal analyzer · rent estimate by address

Run any 48603 address through Resideline
Free account. Includes 3 full property reports with comps, ARV and rent estimates.