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Area data

Saginaw, MI — ZIP 48607

Population: 1,614 (Census ACS)

The median home value in ZIP 48607 (Saginaw, MI) is $37,160 — up 6.1% over the past year. Homes sell for a median $47,500 after a median 105 days on market. Typical rent runs $1,160/month. 2 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Relatively Moderate, with winterweather, coldwave, strongwind the top-rated hazards. Cost of living is 8.0% below the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$37,160

Median home value

+6.1%

1-year change

105

Median days on market

Relatively Moderate

Hazard risk (county)

Home values & appreciation

Median home value
$37,160
1-year appreciation
+6.1%
3-year appreciation
-3.0%
5-year appreciation
-7.6%
All-time peak (2020-11)
$44,324
House Price Index (state)
387.5 (+5.5% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

Median sale price
$47,500
Median list price
$149,000
Median price per sqft
$46
1-year sale-price change
+35.7%
Median days on market
105 days
Homes sold (recent period)
1
For-sale inventory
4
Sale-to-list ratio
79.3%
Active listings
1
1-year forecast
-0.1%

Source: recent area sales and market data (ZIP-level)

Rents

Typical rent
$1,160/mo
Studio fair-market rent
$823/mo
1BR fair-market rent
$1,029/mo
2BR fair-market rent
$1,261/mo
3BR fair-market rent
$1,639/mo
4BR fair-market rent
$1,891/mo

Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)

Affordability

Cost of living index (Below Average)
92.0 (100 = US avg)
Electricity rate (state-level)
20.0¢/kWh
Natural gas rate (state-level)
$10.90/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Schools

Total schools
2
Elementary schools
0
Middle schools
0
High schools
2
Charter schools
1
School districts serving the area
Saginaw Covenant Academy, Saginaw School District of the City of
Schools include
Saginaw Covenant Academy, The Success Academy

Source: NCES school directory, 2022-23 (school-address-based)

Natural hazards & flood risk

Overall hazard risk (county)
Relatively Moderate
Top hazards (county)
winterWeather, coldWave, strongWind, tornado, hail
Notable hazard ratings (county)
coldWave: Relatively High · earthquake: Relatively Low · hail: Relatively Moderate · heatWave: Relatively Low · iceStorm: Relatively Moderate · inlandFlooding: Relatively Moderate
FEMA flood zone
X
Flood risk level
Minimal
Wildfire risk to homes (county)
Higher than 4% of US counties
Buildings in wildfire direct-exposure zone
31.9%
Radon potential (county)
Low radon potential — EPA Zone 3 of 3
EPA Superfund (NPL) sites within 5 mi
None
Nearest Superfund site
Bay City Middlegrounds (9.7 mi — proposed for listing)
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA flood data (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Average annual temperature
48.0°F
Average high
58.0°F
Average low
39.0°F
Annual precipitation
35.8 in
USDA plant hardiness zone
6a (extreme annual low -10 to -5°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Walkability & transit

Walkability index
11.3 / 20
Transit service frequency
-99,999
Jobs reachable by car (30 min)
34,695
Jobs reachable by transit (45 min)
29,535

Source: EPA Smart Location Database (metropolitan block groups)

Amenities

Airports within 30 mi
24
Nearest airport
Saginaw County H.W. Browne Airport (4 mi)
Nearest major airport
MBS International Airport (MBS) (10 mi)
Hospitals nearby (~15 mi)
3
Hospitals include
COVENANT MEDICAL CENTER, ASCENSION ST MARY'S HOSPITAL, HEALTHSOURCE SAGINAW
Avg hospital rating (CMS)
2.0 / 5
Best hospital rating nearby (CMS)
2.0 / 5
Solar radiation rating
Fair (3.8 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data · DOE/NREL (proximity-based)

Migration

Net migration (county)
-174 tax filers

Source: IRS county-to-county migration data (county-level, ~12-month lag)

Housing stock

Median year housing built
1,938
Housing built before 1970
86.6%
Housing built 2000 or later
1.3%
Median annual property tax
$1,352
Households with broadband internet
63.1%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
69,166
Average weekly wage
$1,094
Top industries (by employment)
Health Care, Accommodation & Food, Administrative Services
Annual residential building permits (county)
99

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

ZIP 48607State medianUS median
Median home value$37,160$246,351$289,727
Median sale price$47,500$265,000$325,000
Median days on market105 days36 days51 days
Typical rent$1,160/mo$1,494/mo$1,808/mo
Median annual property tax$1,352$2,175$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the median home value in ZIP 48607?
$37,160.
What is the median sale price in ZIP 48607?
$47,500.
How long do homes take to sell in ZIP 48607?
Median days on market: 105 days.
What is typical rent in ZIP 48607?
Typical rent: $1,160/month.
What is the natural-hazard risk in ZIP 48607?
Overall risk: Relatively Moderate (FEMA NRI, county-level). Top hazards: winterWeather, coldWave, strongWind, tornado, hail.
Is ZIP 48607 in a flood zone?
Minimal (FEMA NFIP). FEMA flood zone X.
What is the wildfire risk in ZIP 48607?
Risk to homes is higher than 4% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in ZIP 48607?
Low radon potential — EPA Zone 3 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near ZIP 48607?
No current or proposed National Priorities List sites within 5 miles (EPA).
How many schools serve ZIP 48607?
2 schools (2 high) (NCES, 2022-23).
Is ZIP 48607 walkable?
Walkability index: 11.3/20 (EPA Smart Location Database).
What is the cost of living in ZIP 48607?
Regional Price Parity: 92.0 (100 = US average) (Below Average) (BEA RPP, metro/state-level).

Nearby ZIP codes

Selling a home in Saginaw, MI?

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Data last updated

Most recent source refresh: Sep 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents