How much house does $500,000 buy you in Saginaw?
Back in 2014, spending $500,000 on a house was generally reserved for high earners. The typical U.S. home sold for $159,000, while starter homes averaged just $101,000. Fast-forward to today, and prices have more than doubled: A standard home now sells for $440,000, with starter homes approaching $300,000.
These current prices have put homeownership out of reach for many – and things don't look to be improving. Prices are still rising, affordability keeps dropping, and starter homes are becoming harder to find as home values climb. This has created a very sluggish and difficult housing market. In fact, even the usual busy spring and summer buying seasons were unusually slow this year.
While $500,000 once stretched much further, in many cities today, it's not nearly enough. But what about Saginaw?
To find out, Redfin Real Estate found listings near the $500,000 mark to see what types of homes you can actually afford in Saginaw right now. Listings below $500,000 were included if necessary.
19 Cobblestone Pl, Saginaw, MI 48603
- Price: $449,000
- 6 bedrooms, 3.5 bathrooms
- Square feet: 3,546
- See 19 Cobblestone Pl, Saginaw, MI 48603 on Redfin.com
4705 Weiss Rd, Frankenmuth, MI 48734
- Price: $499,900
- 5 bedrooms, 4.5 bathrooms
- Square feet: 5,912
- See 4705 Weiss Rd, Frankenmuth, MI 48734 on Redfin.com
60 Golfview Dr, Saginaw, MI 48638
- Price: $499,900
- 5 bedrooms, 4.5 bathrooms
- Square feet: 4,678
- See 60 Golfview Dr, Saginaw, MI 48638 on Redfin.com
243 Cherry St, Frankenmuth, MI 48734
- Price: $429,000
- 5 bedrooms, 3.5 bathrooms
- Square feet: 2,474
- See 243 Cherry St, Frankenmuth, MI 48734 on Redfin.com
3175 Delevan Dr, Saginaw, MI 48603
- Price: $400,000
- 5 bedrooms, 3.5 bathrooms
- Square feet: 2,265
- See 3175 Delevan Dr, Saginaw, MI 48603 on Redfin.com
4171 Carmel Dr, Saginaw, MI 48603
- Price: $499,000
- 4 bedrooms, 4 bathrooms
- Square feet: 3,544
- See 4171 Carmel Dr, Saginaw, MI 48603 on Redfin.com
6 Rupprecht Ct, Frankenmuth, MI 48734
- Price: $499,900
- 4 bedrooms, 3.5 bathrooms
- Square feet: 3,537
- See 6 Rupprecht Ct, Frankenmuth, MI 48734 on Redfin.com
3820 Prairie Creek Ln, Saginaw, MI 48603
- Price: $474,000
- 4 bedrooms, 3.5 bathrooms
- Square feet: 3,063
- See 3820 Prairie Creek Ln, Saginaw, MI 48603 on Redfin.com
11377 Hillbridge Ct, Freeland, MI 48623
- Price: $499,900
- 4 bedrooms, 3 bathrooms
- Square feet: 3,356
- See 11377 Hillbridge Ct, Freeland, MI 48623 on Redfin.com
12449 Northway Pkwy, Freeland, MI 48623
- Price: $499,900
- 4 bedrooms, 3 bathrooms
- Square feet: 3,075
- See 12449 Northway Pkwy, Freeland, MI 48623 on Redfin.com
3943 Spring Ln, Saginaw, MI 48603
- Price: $409,000
- 4 bedrooms, 3 bathrooms
- Square feet: 2,674
- See 3943 Spring Ln, Saginaw, MI 48603 on Redfin.com
10450 Laurel Woods Pl, Freeland, MI 48623
- Price: $419,900
- 4 bedrooms, 3 bathrooms
- Square feet: 1,644
- See 10450 Laurel Woods Pl, Freeland, MI 48623 on Redfin.com
4407 Spurwood Dr, Saginaw, MI 48603
- Price: $479,900
- 4 bedrooms, 2.5 bathrooms
- Square feet: 3,512
- See 4407 Spurwood Dr, Saginaw, MI 48603 on Redfin.com
8599 Ashland Pl, Freeland, MI 48623
- Price: $409,900
- 4 bedrooms, 2.5 bathrooms
- Square feet: 3,470
- See 8599 Ashland Pl, Freeland, MI 48623 on Redfin.com
3839 Wild Pine Dr, Saginaw, MI 48603
- Price: $475,000
- 4 bedrooms, 2.5 bathrooms
- Square feet: 3,340
- See 3839 Wild Pine Dr, Saginaw, MI 48603 on Redfin.com
37 Slatestone Dr, Saginaw, MI 48603
- Price: $399,900
- 4 bedrooms, 2.5 bathrooms
- Square feet: 3,050
- See 37 Slatestone Dr, Saginaw, MI 48603 on Redfin.com
10224 Sarle Rd, Freeland, MI 48623
- Price: $489,990
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,800
- See 10224 Sarle Rd, Freeland, MI 48623 on Redfin.com
7724 Hillbridge Dr, Freeland, MI 48623
- Price: $425,000
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,734
- See 7724 Hillbridge Dr, Freeland, MI 48623 on Redfin.com
7 Rupprecht Ct, Frankenmuth, MI 48734
- Price: $449,000
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,256
- See 7 Rupprecht Ct, Frankenmuth, MI 48734 on Redfin.com
12711 Nichols Rd, Burt, MI 48417
- Price: $445,000
- 4 bedrooms, 2 bathrooms
- Square feet: 2,700
- See 12711 Nichols Rd, Burt, MI 48417 on Redfin.com
8889 Crooked Creek Dr, Saginaw, MI 48609
- Price: $429,900
- 3 bedrooms, 2.5 bathrooms
- Square feet: 2,959
- See 8889 Crooked Creek Dr, Saginaw, MI 48609 on Redfin.com
7266 Mielke Rd, Freeland, MI 48623
- Price: $489,900
- 3 bedrooms, 2.5 bathrooms
- Square feet: 2,572
- See 7266 Mielke Rd, Freeland, MI 48623 on Redfin.com
16679 Doyle Rd, Hemlock, MI 48626
- Price: $434,900
- 3 bedrooms, 2.5 bathrooms
- Square feet: 2,204
- See 16679 Doyle Rd, Hemlock, MI 48626 on Redfin.com
6893 Wild Pine Cir, Saginaw, MI 48603
- Price: $449,900
- 3 bedrooms, 2.5 bathrooms
- Square feet: 2,186
- See 6893 Wild Pine Cir, Saginaw, MI 48603 on Redfin.com
2841 Makenna St, Saginaw, MI 48603
- Price: $499,900
- 3 bedrooms, 2.5 bathrooms
- Square feet: 1,809
- See 2841 Makenna St, Saginaw, MI 48603 on Redfin.com
1202 S Hemlock Rd, Hemlock, MI 48626
- Price: $435,000
- 3 bedrooms, 2.5 bathrooms
- Square feet: 1,794
- See 1202 S Hemlock Rd, Hemlock, MI 48626 on Redfin.com
9720 Dice Rd, Freeland, MI 48623
- Price: $445,000
- 3 bedrooms, 2 bathrooms
- Square feet: 1,755
- See 9720 Dice Rd, Freeland, MI 48623 on Redfin.com
8780 Dixie Hwy, Birch Run, MI 48415
- Price: $450,000
- 3 bedrooms, 1 bathroom
- Square feet: 1,707
- See 8780 Dixie Hwy, Birch Run, MI 48415 on Redfin.com
10470 Becker Rd, Reese, MI 48757
- Price: $449,900
- 2 bedrooms, 2 bathrooms
- Square feet: 1,900
- See 10470 Becker Rd, Reese, MI 48757 on Redfin.com
2900 S Miller Rd, Saginaw, MI 48609
- Price: $399,900
- 2 bedrooms, 1 bathroom
- Square feet: 1,119
- See 2900 S Miller Rd, Saginaw, MI 48609 on Redfin.com
