Median home value in zip code 48609 (Saginaw, MI) is $206,525, up 4.1% year over year. Part of the Saginaw, MI metropolitan area.

Home Value$206,525

YoY Change

+4.1%

Prices rising — worse for buyers.

Affordability

Enter your income for 48609 (Saginaw).

Income (annual)

Down Payment

$41,305 on $206,525

Example: $75,000 household income. Change it above to see your own.

Affordable23.1% of income

Under the 28% guideline.

PITI$1,443

P/I23.1%

Afford$250K

Room+$44K

P&I $1,044Tax $265Ins $133

6.50% 30yr, 20% down, county tax + MI ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Metro Analysis

48609 is part of the Saginaw, MI metropolitan area. See full stress scores, crash risk, early warning signals, and 12-month price forecast for the metro.

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