Saginaw, Texas Housing Market Prices
Saginaw 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 28% below the Texas median$185,857
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Median rent 26% above the Texas median$1,765
Housing Market Overview
| Metric | Saginaw | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $185,857 | $258,873 | $248,835 |
| Price Trend (Annual %) | 10.1% | 9.2% | 7.5% |
| Median Gross Rent | $1,765 | $1,402 | $1,407 |
| Rent Trend (Annual %) | 5.5% | 5.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Saginaw is about 28% lower than in Texas. Rent is about 26% higher than the Texas average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2021
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Saginaw, up about 10.1% and 5.5% a year respectively. Home prices are changing faster.
Median rent in Saginaw rose about 57.1% between 2015 and 2024, from $1,123 to $1,765. Over the same span, rent in Texas rose about 59.1%.
Affordability
On average, housing unit costs 2.0 yearly household incomes in Saginaw.
Buying the median-priced home in Saginaw costs roughly 8.8 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. The price-to-rent ratio in Texas is about 15.4.
| Metric | Saginaw | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $185,857 | $258,873 | $248,835 |
| Median Household Income | $94,833 | $78,939 | $80,455 |
| Price-to-Income Ratio | 2.0 | 3.3 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2021, the median home price in Saginaw rose about 55.9%, while median household income rose about 34.2% 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 | Texas Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 67.8% | 56.7% | 58.5% |
| Rental Rate | 30.3% | 33.9% | 31.2% |
| Vacancy Rate | 1.9% | 9.4% | 10.2% |
| Median Tenure (years) | 13.0 | 14.0 | 15.0 |
| Median Year Moved In | 2013 | 2012 | 2011 |
Saginaw has a homeownership rate of 67.8%, higher than the Texas average of 56.7%. Its housing vacancy rate is 1.9%, compared with 9.4% in Texas.
Housing Stock
| Metric | Saginaw | Texas Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.80 people | 2.69 people | 2.53 people |
| Median Structure Built Year | 1995 | 1990 | 1978 |
| Median Number of Rooms | 6.0 | 5.4 | 5.5 |
The typical housing unit in Saginaw was built around 1995. On average, 2.8 people live in a home with about 6.0 rooms, staying for about 13.0 years on average.
Saginaw, TX Housing Compared With Nearby Cities
How Saginaw, TX compares with the 1 cities closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Saginaw, TX | 27,695 | $185,857 #2/2 | $1,765 #1/2 | 69.1% #1/2 |
| Fort Worth, TX | 922,591 | $310,705 | $1,502 | 56.1% |
Frequently Asked Questions
Common questions about the housing market in Saginaw, Texas.
What is the median home price in Saginaw, Texas?
The median home price in Saginaw, Texas is $185,857, lower than the Texas average of $258,873.
What is the average home price in Saginaw, Texas?
The typical home price in Saginaw, Texas, reported as the median sale price, is $185,857. 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, Texas?
The median gross rent in Saginaw, Texas is $1,765 per month, higher than the Texas average of $1,402.
What was the median gross rent in Saginaw in 2020?
In 2020, the median gross rent in Saginaw, Texas was $1,354 per month.
What is the price-to-rent ratio in Saginaw, Texas?
The price-to-rent ratio in Saginaw, Texas is about 8.8, meaning it would take roughly 8.8 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.
Are home prices or rent rising faster in Saginaw, Texas?
Both home prices and rent are rising in Saginaw, up about 10.1% and 5.5% a year respectively. Home prices are changing faster.
What is the homeownership rate in Saginaw, Texas?
67.8% of households in Saginaw, Texas own their home, higher than the Texas average of 56.7%.
What is the vacancy rate in Saginaw, Texas?
The housing vacancy rate in Saginaw, Texas is 1.9%, lower than the Texas average of 9.4%.
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