Metro area index
Home appreciation in the Saginaw, MI metro area
FHFA HPI® data shows the Saginaw, MI metro area's all-transactions index changed +4.3% over the year to Q2 2026, versus +4.6% for Michigan and +3.0% for the U.S. That ranks 144th of 410 metro areas and divisions FHFA tracks.
- 1-year change
- +4.3%
- 5-year change
- +47.4%
- Since Q1 1995
- +168%
- Metro rank (1 year)
- 144th
U.S. +3.0%
U.S. +41.3%
U.S. +292%
of 410
Saginaw, MI vs Michigan and the U.S.
FHFA HPI® all-transactions index, rebased so Q1 1995 = 100, through Q2 2026
- Saginaw, MI: 268.2
- Michigan: 328.0
- United States: 391.6
Appreciation by time window
| Window | Metro | MI | U.S. | Gap vs MI | Gap vs U.S. |
|---|---|---|---|---|---|
| 1 year | +4.3% | +4.6% | +3.0% | −0.3 pts | +1.3 pts |
| 3 years | +13.4% | +18.0% | +12.9% | −4.6 pts | +0.5 pts |
| 5 years | +47.4% | +45.6% | +41.3% | +1.8 pts | +6.1 pts |
| 10 years | +99.0% | +104% | +93.3% | −4.5 pts | +5.7 pts |
| Since Q1 1995 | +168% | +228% | +292% | −59.8 pts | −123.3 pts |
3-digit ZIP regions in the Saginaw, MI area
Regions with at least 10% of their 2010 population inside the metro, largest overlap first. A 3-digit ZIP region can extend beyond the metro boundary.
| 3-digit ZIP region | State | 1 year | 5 years | Since Q1 1995 | Population in metro |
|---|---|---|---|---|---|
| 486 · Saginaw, MI area | MI | +5.6% | +55.0% | +198% | 43% |
Boom, bust, and recovery in Saginaw, MI area
Saginaw, MI area's index peaked in Q1 2006, fell 25.4% to its low in Q3 2012, and regained its peak in Q3 2020, about 14.5 years after the top. Today it sits +63.8% versus that 2000s peak. How every state and ZIP region fared
| Area | 2000s peak | Low point | Peak to low | Back to peak | Today vs peak |
|---|---|---|---|---|---|
| Metro | Q1 2006 | Q3 2012 | -25.4% | Q3 2020 (14.5 yrs) | +63.8% |
| MI | Q3 2005 | Q2 2011 | -29.4% | Q2 2018 (12.8 yrs) | +83.3% |
| U.S. | Q1 2007 | Q2 2012 | -19.0% | Q4 2016 (9.8 yrs) | +89.3% |
Appreciation after inflation
Adjusting for consumer price inflation, Saginaw, MI area's index has changed +21.1% in real terms since Q1 1995. Home prices vs inflation
| Window | Inflation (CPI-U) | Metro after inflation | MI after inflation | U.S. after inflation |
|---|---|---|---|---|
| 1 year | +3.9% | +0.4% | +0.7% | -0.8% |
| 3 years | +9.8% | +3.3% | +7.4% | +2.8% |
| 5 years | +24.0% | +18.8% | +17.4% | +13.9% |
| 10 years | +39.1% | +43.1% | +46.3% | +39.0% |
| Since Q1 1995 | +121% | +21.1% | +48.1% | +76.8% |
If you bought in the Saginaw, MI area in…
An example $300,000 purchase grown at the metro index rate to Q2 2026.
| Bought in | Index change | $300,000 then, at the metro rate |
|---|---|---|
| Q2 1995 | +159% | $777,524 |
| Q2 2000 | +100.0% | $599,911 |
| Q2 2005 | +67.1% | $501,283 |
| Q2 2010 | +111% | $633,142 |
| Q2 2015 | +109% | $626,682 |
| Q2 2020 | +65.7% | $497,195 |
| Q2 2021 | +47.4% | $442,194 |
| Q2 2023 | +13.4% | $340,150 |
| Q2 2025 | +4.3% | $312,915 |
Frequently asked questions
- How much have home prices risen in the Saginaw, MI area?
- FHFA HPI® data for the Saginaw, MI metro area shows changes of +4.3% over one year, +47.4% over five years, and +99.0% over ten years to Q2 2026, and +168% since Q1 1995.
- Is the Saginaw, MI area beating the national average?
- Over the past year the metro's index moved +1.3 pts versus the U.S.; over five years the gap is +6.1 pts.
- What area does this metro index cover?
- FHFA computes metro indexes using the counties in each OMB-defined metropolitan statistical area. The index covers the whole area, so individual neighborhoods and homes can differ from it.