48601 — Saginaw County, Michigan Market Snapshot
Housing market data for zip code 48601 in Saginaw County, Michigan. Updated monthly with median prices, days on market, and more.
Market Sales Data
51 sales in 2026 (year to date)
Median Sale Price
$76,900
Days to Sell
82
Homes Sold
51
Inventory
76
Sale-to-List
92.1%
New Listings
91
Price/SqFt
$68
Pending Sales
79
Conforming Loan Available
Most homebuyers in 48601 can comfortably use conventional financing. The median home price of $76,900 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Market Insights
Market Temperature
With homes sitting for 82 days on average, 48601 favors buyers. There may be opportunities to negotiate below asking price or request seller concessions for closing costs or rate buydowns.
Sale-to-List Ratio
The average home in 48601 sells for 7.9% below asking price (92.1% sale-to-list), suggesting buyers have negotiating leverage in the current market.
Conforming Loan Feasibility
Most homebuyers in 48601 can comfortably use conventional financing. The median home price of $76,900 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Loan limits in 48601 are set at the county level.
2026 Loan Limits — Saginaw County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $832,750 | $541,287 |
| 2 Units | $1,066,250 | $693,050 |
| 3 Units | $1,288,800 | $837,700 |
| 4 Units | $1,601,750 | $1,041,125 |
Affordability Snapshot — Zip 48601
To purchase the median home at $76,900 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $739.
Monthly Payment
$739
Income Required
$31,679
Principal & Interest
$474/mo
Down Payment (5%)
$3,845
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 48601.
Estimated Monthly Payment
$626
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