Saginaw Housing Market Update – March 2025
The Saginaw, Texas, real estate market has undergone notable changes as we enter March 2025. While home values remain steady, inventory shifts and market activity provide key insights for buyers and sellers.
Current Market Overview
Median Sale Price: $315,000 (up 3.6% month-over-month)
Median Days on Market: 72 days (down 8.9% month-over-month)
Active Listings: 53 (down 15.9% month-over-month)
New Listings: 21 (up 10.5% month-over-month)
Property Values and Sales Trends
Median Estimated Home Value: $317,940 (down 0.2% month-over-month, down 0.1% year-over-year)
Median Listing Home Price: $329,000 (up 1.3% month-over-month)
Median Price per Square Foot: $172 (up 1.8% month-over-month)
Market Insights
The Saginaw housing market remains competitive, with the median sale price increasing by 3.6% month-over-month. However, the median estimated home value declined slightly by 0.2%, indicating a potential stabilization in the market.
Inventory has tightened, with active listings decreasing by 15.9%, which may create more competition among buyers. Meanwhile, the number of new listings has increased by 10.5%, offering additional options in the market. Homes are selling faster, with the median days on market decreasing by 8.9% to 72 days, reflecting steady buyer activity.
The months of inventory currently stand at 3.1, down 15.99% from the previous month. While Saginaw remains a seller’s market, the reduction in inventory levels suggests that demand continues to absorb available listings quickly.
Key Takeaways for Buyers and Sellers
For Sellers: Home values remain strong, and with inventory tightening, sellers may have an advantage. However, pricing competitively is still essential to attract buyers efficiently.
For Buyers: While new listings have increased, active inventory has decreased, meaning competition for available homes remains high. Buyers should be prepared to act quickly on well-priced properties.
Saginaw’s housing market continues to evolve, and both buyers and sellers should closely monitor pricing trends and inventory shifts. Partnering with an experienced real estate professional can help navigate these market changes effectively.