There are currently 40,727 real estate properties in Saginaw, MI, with a median automated valuation model (AVM) price of $102,500.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Saginaw, MI, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Saginaw, MI, is $122,274.00, with the most expensive house in Saginaw, MI, topping out at $2,548,800.00 and the cheapest home in Saginaw, MI, clocking in at $11,600.00. In other words, there’s something for every potential homebuyer or savvy investor in Saginaw, MI!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Saginaw, MI, is on a rollercoaster ride. The average rent price in Saginaw, MI, is $1,278.00. Indeed, when looking to rent in Saginaw, MI, you can expect to pay as little as $580.00 or as much as $2,840.00, with the average rent median estimated to be $1,230.00. The good news is that finding an affordable and desirable property to rent in Saginaw, MI -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.
Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Saginaw, MI area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Saginaw, MI and much more. Save thousands at closing with home foreclosure listings in Saginaw, MI — up to 75% off market value!
Saginaw is located in Saginaw, Michigan, with an estimated municipal population of 48,115 residents. All of the best foreclosed homes for sale in Saginaw are located in the following zip code areas on Foreclosure.com: 48607 48602 48601 48606 48663. The estimated population per square kilometer (.62 miles) in Saginaw is 1,087.
So, about how much do homes cost in Saginaw? The most recent median value of resident-owned homes in Saginaw is 40,443. An estimated 56.2 percent of households in Saginaw own their homes, with an average family size of 3.16. The median household income in Saginaw is 29,582, with5.9 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Saginaw, the median commute time of resident workers (in minutes) is 18.7. And last, but certainly not least, are you looking for homes to rent in Saginaw? If so, the average rent price paid by renters in Saginaw is 734, according to recent statistics.
Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Saginaw, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.
The median age of residents in Saginaw is 35, split between 48.1 percent male versus 51.9 female. The percentage of residents who report being married in Saginaw is 28.8, with an average family size of 3.16.
The percentage of residents who report their race in Saginaw is as follows:
|Black / African American||43.7%|
|American Indian / Alaskan Native||0.5%|
|Native Hawaiian / Other Pacifc Islander||0%|
Looking for family-friendly neighborhoods in and/or near Saginaw? Or maybe you are searching for 55+ active adult communities in and/or near Saginaw?
The percentage of residents who report their age in Saginaw is as follows:
It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Saginaw with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Saginaw.
How do you know that living in -- or moving to -- Saginaw is right where you need to be? Perhaps you grew up in Saginaw or already live nearby; therefore, the decision to buy a home in Saginaw is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Saginaw for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.
Here are some questions to ask yourself when shopping for foreclosed homes for sale in Saginaw:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Saginaw.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Saginaw can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Saginaw, meanwhile, can field multiple offers from more qualified buyers.