Saginaw, MI Real Estate
According to census data in the year 2000 there were 25,646 housing units in Saginaw.
This represents a 8.4% decline from 27,986 in 1990.
Of those housing units, 25,646 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Saginaw is about 63.6%.
Saginaw's vacancy rate, including seasonal lodging, is about 9.6%.
Average household size is 2.61 people.
The majority of houses, apartments or condos in Saginaw were built after 1948.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.60% |
| One Bedroom | 13% |
| Two Bedrooms | 30.80% |
| Three Bedrooms | 38.80% |
| Four Bedrooms | 11.80% |
| Five Bedrooms or more | 3% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.6 |
| Median year structure was built | 1945 |
| Median Value of occupied units | $46,800 |
| Median Price asked for vacant units | $41,700 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.61 |
| Median year structure was built | 1953 |
| Median Monthly Rent asked for vacant units | $343 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.10% |
| Second Mortgage | 4.30% |
| Home Equity Loan | 6% |
| Simple Mortgage | 50.50% |
| Debt Free | 39.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.8% |
