48603 Home Values & Market Trends

There are 32 homes currently listed for 48603. 48603 real estate market trends show that home prices range from $34,000 to $895,000, and the median sales price in the 48603 zip code is $214,892.76. The total number of properties sold within the past twelve months is 326. In 48603, 8 properties are in foreclosure, 5 are bank owned properties,and 3 are headed for auction.

48603 Real Estate Market Overview

CityMedian Est. Value
Saginaw

$ 130,851

$ 94/sqft

Housing Market Summary for 48603

Apr 2023March 2024Change
Median Listing Price$299K$223.7K-25.18%
Median Sold Price$196.1K$223.7K14.10%
Homes For Sale23244.35%
Homes Sold240187-22.08%
Price
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in 48603

The median list price of a home in Saginaw, is $214,892.76. A total of 32 properties are for sale, and the percentage of properties for sale in the zip code is 32.00%. The total count of 48603 properties is 8,242.

Foreclosure
There is 1 cities within 48603; within this cities, the median estimated home value for homes in foreclosure ranges from $389,900 in saginaw to the lowest value of $18,022 in saginaw. Foreclosure homes account for 0.00% of properties in 48603 with saginaw containing 64 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in 48603 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 48603; of that cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 48603 ranges from the highest value of $389,900 in saginaw to the lowest value of $18,022 in saginaw. Bank owned homes and properties account for 0.06% of properties in 48603. There is 1 cities within 48603; saginaw containing 30 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    saginaw has 34 auction properties, the highest number of properties going to auction in a single city in the state of 48603. Auction homes and other auction properties account for 0.04% of all properties in 48603. There is 1 cities within 48603; of that cities, the median estimated home value for homes going to auction ranges from $354,933 in saginaw to the lowest value of $24,176 in saginaw.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.39% of residential properties in 48603 with saginaw containing 168 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 48603; homes for sale in that cities, have a range of median values from $1,209,219 in saginaw to the lowest value of $19,906 in saginaw.
    Sold Homes
    The median value for recently sold homes ranges from $1,262,384 in saginaw to the lowest price of $19,449 in saginaw. There is 1 cities within 48603. saginaw has 1095 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.60% of properties in 48603.

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      Guide for 48603

      RealtyTrac Market Report
      Michigan
      2023 Michigan Real Estate Market: Analysis Reveals Booming Property Values and Volatile Sold Prices
      Michigan
      Detroit Real Estate Market Holds Steady: 2023 in Review
      Investment Guides
      Why Buying a Foreclosure is a Smart Move
      Market Reports
      Montgomery Housing Market Sees 8% Dip in Property Values: A Comparative Analysis with Surrounding Cities”
      See More Articles
      RealtyTrac Market Report
      2023 Michigan Real Estate Market: Analysis Reveals Booming Property Values and Volatile Sold Prices
      Michigan|posted 8 December 2023

      Explore the nuances of Michigan’s 2023 real estate market, where rising property values meet shifting sold prices and distressed properties offer investment opportunities amidst a stable yet competitive landscape.

      Detroit Real Estate Market Holds Steady: 2023 in Review
      Michigan|posted 25 January 2024

      The 2023 Detroit real estate market trend showed steady average listing values and an increase in property sales, with neighboring cities displaying more fluctuation but higher property values. This reflects the city’s resilience amidst an unpredictable industry landscape.

      Why Buying a Foreclosure is a Smart Move
      Investment Guides|posted 15 November 2017

      Why Buying a Foreclosure is a Smart Move

      Montgomery Housing Market Sees 8% Dip in Property Values: A Comparative Analysis with Surrounding Cities”
      Market Reports|posted 10 April 2024

      The blog post discusses the fluctuating real estate market in Montgomery, Alabama, comparing its property values, cost per square foot, and market activity with neighboring cities, revealing the dynamic nature of regional real estate.

      Recently Listed Homes 48603

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