Updated May 2026 · Redfin · 3-month window
48638 Real Estate Market Update: Saginaw, MI, May 2026
The latest housing-market numbers for ZIP code 48638 in Saginaw, Michigan, for May 2026, from the Redfin Data Center. ZIP-level figures are a rolling three-month window.
| Metric | Value | MoM | YoY |
|---|---|---|---|
| Median sale price | $205K | ▼ -4.6% | ▼ -9.9% |
| Days on market | 31 | ▼ -56.9% | ▲ +210.0% |
| Homes for sale | 16 | ▲ +14.3% | ▼ -44.8% |
| Sale-to-list | 97.8% | ▲ +0.8% | ▼ -0.9% |
| Homes sold | 47 | ▲ +30.6% | ▲ +9.3% |
Figures from the Redfin Data Center ZIP-code tracker (rolling 3-month window, not seasonally adjusted). Verify against your MLS before posting. Not a valuation for a specific home.
What the 48638 numbers say
The 48638 ZIP in Saginaw is cooling. The median sale price sits at $205,000, 9.9% below last year. Homes here move fast: a typical listing goes under contract in about 31 days, and sellers are getting 97.8% of list price.
Based on 47 recent sales, 48638 is currently an active market.
What this means if you sell in 48638
Use these figures to set expectations early. Lead a listing appointment with the median price and the 31-day pace, show the year-over-year direction, and frame 48638 as an active market. Buyers and sellers trust an agent who knows their exact ZIP, not just the metro average.
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Build the Saginaw post →Frequently asked: the 48638 housing market
- What is the median home price in ZIP 48638 (Saginaw, MI)?
- As of May 2026, the median sale price in ZIP 48638 is $205,000 (-9.9% year over year), per the Redfin Data Center. Figures are a rolling 3-month window for this ZIP code.
- Is ZIP 48638 a buyer's or seller's market right now?
- ZIP 48638 is currently an active market, based on a 97.8% sale-to-list ratio, about 31 days on market for May 2026.
- How long do homes take to sell in ZIP 48638?
- A typical listing in 48638 goes under contract in about 31 days as of May 2026. Always verify against your local MLS before quoting figures to clients.
- Where does this 48638 market data come from?
- All figures come from the Redfin Data Center ZIP-code market tracker, a rolling 3-month window refreshed monthly. LOKAL turns them into a ready-to-post carousel, story and square graphic. LOKAL is not affiliated with Redfin.
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Data: Redfin · Redfin Data Center (ZIP-code market tracker). Figures are a ZIP-level 3-month snapshot, not a valuation for a specific home.