Saginaw County, Michigan Housing Market Prices
Saginaw County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 31% below the Michigan median Cheaper than 85% of counties in Michigan$95,147
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Median rent 16% below the Michigan median$947
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Saginaw County | Michigan Avg | US Average |
|---|---|---|---|
| Median Home Price | $95,147 | $138,713 | $248,835 |
| Price Trend (Annual %) | 6.5% | 8.6% | 7.5% |
| Median Gross Rent | $947 | $1,129 | $1,407 |
| Rent Trend (Annual %) | 3.7% | 4.5% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Saginaw County is about 31% lower than in Michigan. Rent is about 16% lower than the Michigan average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Saginaw County, up about 6.5% and 3.7% a year respectively. Home prices are changing faster.
Median rent in Saginaw County rose about 34.3% between 2015 and 2024, from $705 to $947. Over the same span, rent in Michigan rose about 44.2%.
Affordability
On average, housing unit costs 1.6 yearly household incomes in Saginaw County.
Buying the median-priced home in Saginaw County costs roughly 8.4 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Saginaw County. The price-to-rent ratio in Michigan is about 10.2.
| Metric | Saginaw County | Michigan Avg | US Average |
|---|---|---|---|
| Median Home Price | $95,147 | $138,713 | $248,835 |
| Median Household Income | $60,674 | $72,977 | $80,455 |
| Price-to-Income Ratio | 1.6 | 1.9 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Saginaw County rose about 73.9%, while median household income rose about 38.8% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Saginaw County | Michigan Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 67.0% | 64.6% | 58.5% |
| Rental Rate | 23.4% | 23.6% | 31.2% |
| Vacancy Rate | 9.6% | 11.8% | 10.2% |
| Median Tenure (years) | 18.0 | 16.0 | 15.0 |
| Median Year Moved In | 2008 | 2010 | 2011 |
Saginaw County has a homeownership rate of 67.0%, higher than the Michigan average of 64.6%. Its housing vacancy rate is 9.6%, compared with 11.8% in Michigan.
Housing Stock
| Metric | Saginaw County | Michigan Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.34 people | 2.42 people | 2.53 people |
| Median Structure Built Year | 1968 | 1972 | 1978 |
| Median Number of Rooms | 5.9 | 5.9 | 5.5 |
The typical housing unit in Saginaw County was built around 1968. On average, 2.3 people live in a home with about 5.9 rooms, staying for about 18.0 years on average.
Saginaw County, MI Housing Compared With Nearby Counties
Saginaw County, MI is the 2nd largest of the 6 counties compared here, 188,665 residents against a local median of 83,757. Saginaw County, MI sits close to the middle of its own neighbourhood. No measure below is more than 15% off the local median, so the choice between these counties turns on things this data does not capture.
The largest of those small differences is median home price, 9% below the local median at $95,147 against $104,654. Saginaw County, MI has the 6th highest median home price of the 6 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Saginaw County, MI | 188,665 | $95,147 #6/6 | $947 #3/6 | 74.1% #5/6 |
| Shiawassee County, MI | 67,991 | $166,666 | $898 | 80.1% |
| Bay County, MI | 103,008 | $104,654 | $860 | 77.0% |
| Midland County, MI | 83,757 | $157,692 | $1,016 | 78.1% |
| Genesee County, MI | 403,150 | $96,479 | $988 | 70.8% |
| Gratiot County, MI | 41,391 | $98,617 | $834 | 78.9% |
Frequently Asked Questions
Common questions about the housing market in Saginaw County, Michigan.
What is the median home price in Saginaw County, Michigan?
The median home price in Saginaw County, Michigan is $95,147, lower than the Michigan average of $138,713.
What is the average home price in Saginaw County, Michigan?
The typical home price in Saginaw County, Michigan, reported as the median sale price, is $95,147. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Saginaw County, Michigan?
The median gross rent in Saginaw County, Michigan is $947 per month, lower than the Michigan average of $1,129.
What was the median gross rent in Saginaw County in 2020?
In 2020, the median gross rent in Saginaw County, Michigan was $782 per month.
What is the price-to-rent ratio in Saginaw County, Michigan?
The price-to-rent ratio in Saginaw County, Michigan is about 8.4, meaning it would take roughly 8.4 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Saginaw County.
Are home prices or rent rising faster in Saginaw County, Michigan?
Both home prices and rent are rising in Saginaw County, up about 6.5% and 3.7% a year respectively. Home prices are changing faster.
What is the homeownership rate in Saginaw County, Michigan?
67.0% of households in Saginaw County, Michigan own their home, higher than the Michigan average of 64.6%.
What is the vacancy rate in Saginaw County, Michigan?
The housing vacancy rate in Saginaw County, Michigan is 9.6%, lower than the Michigan average of 11.8%.
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