48602 Real Estate Market

48602 Market

The median sale price for homes in 48602 over the last 12 months is $55,000.


The median mortgage debt is $65,455.

Additional Statistics for Single Family Homes and Condos in Saginaw, MI
$13,000
Median Listing Price
104
Median Days on Market
12
Active Listings
25.0%
Distressed Listings
(foreclosures and short sales)
48602 (Saginaw, MI) Price Trends - Sold vs. Listed
The median list price in May for single family homes in Saginaw is $13,000. The list prices dropped by -8.01% from the previous month.

The price per square foot for listings in this area is $14.

The median sale price in January for single family homes is $64,673. The sale prices increased by 37.6% from the previous month.

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48602 (Saginaw, MI) Market Inventory Trends

The number of active listings in Saginaw dropped by 14.3% from the previous month.

The median number of days active properties have been listed is 104.

The number of sales in January dropped by 65.5% from the previous month.

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48602 (Saginaw, MI) Property Ownership

This chart shows home occupancy within an area.

A high percentage of ownership can indicate an area where people like to live and stable property prices. While a high percentage of rentals could indicate an area with shifting demographics, a younger community, or possibly a downtown area.

High vacancy rates can indicate that the market is unhealthy and that it could be tough to sell a home in this area.

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Neighborhood and valuation information provided by Onboard Informatics ©2012 Onboard informatics. Information deemed reliable but not guaranteed.