Real Estate Market Update for Saginaw, MI
Welcome to March's Market Update. Lets take a look at residential real-estate activity in your area during the month of February. The number of active listings was down 35% from one year earlier, and down 17% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was just over 120-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 25%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was 80-thousand dollars. The number of units sold decreased 4% year-over-year, and decreased 12% month-over-month. Fewer sales could indicate an opportunity for buyers to negotiate better terms. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
Show Transcript

Map Information for Saginaw, MI

Area Information for Saginaw, MI
  • Population: 47,234
  • Median Age: 35.05 yr
  • Median Commute Time: 18 mins
  • Educational Climate*: 3
  • Sales Tax: 0%
  • Population Density: 2,781/sq mi
  • Population Change Since 2000: -23.53%
  • Closest Airport: Mbs International
  • Closest College: Davenport University-saginaw
  • Closest Jr. College: Delta College
  • Median Household Income: $29,308
  • Annual Residential Turnover: 0%
  • Median Home Sales Price: $53,000
  • Closest Major Sports Team: Great Lakes Loons (a)
  • Change Avg. Household Income Since 2000: 3.9%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Saginaw, MI
Median Age: 35.05 Married: 22% Number of Households: 18,159 Households with Children: 5,391
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Saginaw, MI

      School Name Distance Type Grades School Rating Parent Rating
      Hemmeter Elementary School 0.5 mi Public K-5 5 0
      The New Millennium Academy 0.6 mi Private K-12 0 0
      Thompson Middle School 0.7 mi Public 7-8 0 0
      Weiss Elementary School 0.7 mi Public 3-5 1 0
      Arthur Hill High School 0.7 mi Public 9-12 1 0
      Gethsemane Lutheran School 0.7 mi Private PRESCHOOL-8 0 0
      Kempton Elementary School 0.8 mi Public PRESCHOOL-6 1 0
      Sherwood Elementary School 0.8 mi Public K-2 0 0
      Woodley Leadership Academy 1.0 mi Public K-7 0 0
      St Pauls Lutheran School 1.0 mi Private K-8 0 0
      St John's Lutheran School 1.1 mi Private K-8 0 0
      Grace Christian School 1.1 mi Private PRESCHOOL-8 0 0
      Michigan Lutheran Seminary 1.2 mi Private 9-12 0 0
      Chester F. Miller School 1.3 mi Public PRESCHOOL-6 1 0
      Nouvel Catholic Central Elementary / Middle School 1.3 mi Catholic PRESCHOOL-8 0 0
      Saginaw Career Complex 1.4 mi Public 11-12 0 0
      Mackinaw High School 1.5 mi Public 9-12 1 0
      Heritage High School 1.5 mi Public 9-12 3 0
      Herig School 1.7 mi Public PRESCHOOL-6 0 0
      Handley School 1.7 mi Public K-5 5 0
      White Pine Middle School 1.7 mi Public 6-8 3 0
      Nouvel Catholic Central High School 1.8 mi Catholic 9-12 0 0
      Arrowwood Elementary School 1.8 mi Public 3-5 1 0
      Valley Lutheran High School 1.9 mi Private 9-12 0 0
      Stone School 2.0 mi Public PRESCHOOL-6 0 0
      Holy Cross Lutheran School 2.1 mi Private PRESCHOOL-8 0 0
      Saginaw Isd Transitions Center 2.2 mi Public UNGRADE-UNGRADE 0 0
      Peace Lutheran School 2.2 mi Private PRESCHOOL-8 0 0
      Bethlehem Lutheran School 2.2 mi Private PRESCHOOL-8 0 0
      Westdale Elementary School 2.2 mi Public K-2 0 0
      Omni Adult And Alternative Education 2.6 mi Public 9-12 1 0
      Saginaw Arts And Sciences Academy 2.6 mi Public 6-12 5 0
      Merrill Park Elementary School 2.8 mi Public PRESCHOOL-6 1 0
      Saginaw Covenant Academy 2.9 mi Public 9-12 0 0
      Michael J Mcgivney 3.1 mi Public 5-12 0 0
      Jessie Rouse School 3.1 mi Public PRESCHOOL-6 0 0
      Little Cavalier Learning Center 3.2 mi Public PRESCHOOL-PRESCHOOL 0 0
      Carrollton Elementary School 3.3 mi Public PRESCHOOL-5 1 0
      Jb Griffin Early Childhood Center 3.3 mi Public PRESCHOOL-K 0 0
      Carrollton Middle School 3.3 mi Public 6-8 1 0
      Saginaw Learn To Earn Academy 3.3 mi Public 7-12 0 0
      Francis Reh Psa 3.4 mi Public PRESCHOOL-8 1 0
      Carrollton High School 3.4 mi Public 9-12 2 0
      North Saginaw Charter Academy 3.4 mi Public K-8 1 0
      Shields Elementary School 3.5 mi Public PRESCHOOL-2 3 0
      Tri-city Sda School 3.8 mi Private K-8 0 0
      Saginaw High School 4.2 mi Public 9-12 0 0
      Svrc Youthbuild 4.2 mi Public 10- 0 0
      Arthur Eddy Elementary 4.3 mi Public PRESCHOOL-6 0 0
      Community Baptist Christian School 4.4 mi Private PRESCHOOL-12 0 0
      Zilwaukee K-8 School 4.6 mi Public PRESCHOOL-8 4 0
      Jessie Loomis School 4.7 mi Public PRESCHOOL-6 0 0
      Swan Valley Adult And Alternative Education 4.8 mi Public 9-12 0 0
      Swan Valley High School 4.8 mi Public 9-12 4 0
      Swan Valley Middle School 4.9 mi Public 6-8 4 0
      Robert B. Havens Elementary School 4.9 mi Public 3-5 4 0
      Henry Doerr Early Childhood Center 5.0 mi Public - 0 0
      Wolverine Education Center 5.1 mi Public 6-12 0 0
      International Academy Of Saginaw 5.5 mi Public K-8 1 0
      Youthbuild - Youth Development 5.9 mi Public 10- 0 0
      Bridgeport Baptist Academy 6.0 mi Private K-12 0 0
      Saginaw Preparatory Academy 6.6 mi Public PRESCHOOL-8 0 0
      Thomas White School 6.6 mi Public PRESCHOOL-K 0 0
      Bridgeport-spaulding Middle School-schrah 6.8 mi Public 2-8 0 0
      Martin G. Atkins Elementary School 6.8 mi Public 1-8 0 0
      M.g. Millet Learning Center 6.8 mi Public K-12 0 0
      Immanuel Lutheran School 10.4 mi Private PRESCHOOL-8 0 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area.
      Local Weather for Saginaw, MI
        Data powered by Attom Data Solutions. Copyright© 2020. Information deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.