48607 — Saginaw, MI Home Values
Typical home value $37,160 as of July 2026 · 20th of 20 in Saginaw, MI
Blue: typical home value (Zillow ZHVI) in ZIP code 48607, July 2021 to July 2026. This page shows observed data only; no forecast.
How 48607 compares in the Saginaw, MI area
ZIP code 48607 (Saginaw, MI) has a typical home value of $37,160 as of July 2026, ranking 20th of 20 ZIP codes tracked in the Saginaw, MI area, more expensive than about 5% of ZIP codes in the metro. Prices here have moved +6.1% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed -7.6%, from $40,215 in July 2021 to $37,160 in July 2026. Against observed rent, the typical home here sells for 2.7× the annual rent ($1,160/mo), a common way to gauge whether buying looks cheap relative to renting in this ZIP code.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Saginaw, MI forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Saginaw.
Population and demographics
ZIP code 48607 has a population of 1,523, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 41.8% Black or African American, 23.5% White, 19.5% Hispanic or Latino, 14.4% two or more races, and 0.7% Asian.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| The Success Academy | 1000 TUSCOLA ST, SAGINAW, MI | 0.2 mi |
| Saginaw Covenant Academy | 508 S WASHINGTON AVE, SAGINAW, MI | 0.4 mi |
| Saginaw Arts and Sciences Academy | 1903 N NIAGARA ST, SAGINAW, MI | 0.6 mi |
Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.
Frequently asked questions
What is the typical home value in ZIP code 48607?
$37,160 as of July 2026, the latest month Zillow has published observed data for.
Is 48607 an expensive ZIP code in the Saginaw, MI area?
48607 ranks 20th of 20 ZIP codes in the Saginaw, MI area by typical home value, more expensive than about 5% of ZIP codes in the metro.
How much have home values in 48607 changed over the past year?
+6.1% over the trailing 12 months, from observed Zillow data.
Is it cheaper to buy or rent in ZIP code 48607?
The typical home price is 2.7× the observed annual rent in this ZIP code ($1,160/mo). Lower multiples favor buying over renting, all else equal.
What is the population of ZIP code 48607?
1,523, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 48607?
The Success Academy (0.2 mi), Saginaw Covenant Academy (0.4 mi), Saginaw Arts and Sciences Academy (0.6 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.
Is this page showing a forecast for 48607?
No. Every number on this page is observed Zillow data as of July 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Saginaw, MI forecast for a modeled outlook.
ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.