Why Live in Saginaw
Saginaw's cultural scene thrives at the historic Temple Theatre, which hosts diverse performances throughout the year, while the Japanese Cultural Center and Tea House provides a serene escape with traditional gardens and tea ceremonies. The Dow Event Center draws crowds for major concerts and conventions, complemented by outdoor summer performances at FirstMerit Bank Event Park. Nature lovers frequent the Shiawassee National Wildlife Refuge for birdwatching and hiking, while families enjoy the Saginaw Children's Zoo and Frank N. Andersen Celebration Park water park. Local dining highlights include Jake's Old City Grill, housed in a historic building serving steaks and seafood, and Fuzzy's Restaurant, known for its signature folded sandwiches.
The housing market features diverse options across distinct neighborhoods. Heritage Square's single-family homes have a median price of $77,800, while the Cathedral District's median price sits at $29,400. Adams Boulevard commands higher prices with a median of $116,000. The median price for single-family homes citywide is $120,000, townhomes reach $201,000, and condos range from $62,000 for one bedroom to $149,300 for two bedrooms.
Saginaw's property tax rate of 1.57% falls between neighboring Bay City at 1.63% and Midland at 1.5%. Residents pay a 4.25% state income tax plus a 1.5% local income tax. The education system includes highly rated schools like Plymouth Elementary and Northeast Middle School, both rated A minus by Niche. Nouvel Catholic Central Elementary School, rated A, serves multiple neighborhoods including Adams Boulevard and Shields. STARS provides public transportation throughout the area, with Detroit accessible within 100 miles and Flint 45 miles away.
Home Trends in Saginaw, MI
On average, homes in Saginaw, MI sell after 37 days on the market compared to the national average of 50 days. The median sale price for homes in Saginaw, MI over the last 12 months is $129,000, up 8% from the median home sale price over the previous 12 months.
Median Sale Price
$129,000
Median Single Family Sale Price
$122,000
Median Townhouse Sale Price
$201,000
Median 2 Bedroom Sale Price
$182,280
Median 1 Bedroom Sale Price
$70,000
Average Price Per Sq Ft
$100
Number of Homes for Sale
199
Last 12 months Home Sales
1,972
Median List Price
$129,900
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
8%