ZIP Code 48604 — Saginaw, MI Home Prices (2026)
The typical home in ZIP 48604 (Saginaw, Michigan) is worth about $144,000 at roughly $113 per square foot — about the same as the Saginaw median and 51% more affordable than the typical U.S. home.
How 48604 compares
ZIP 48604 is a mid-priced ZIP code for Saginaw: its typical home value of $144,000 ranks #4 of the 7 Saginaw ZIP codes we track (the citywide range runs from $37,000 in 48607 to $234,000 in 48603). Per square foot it costs about $113, against $113 for Saginaw as a whole, $190 for Michigan, and $195 nationally.
| Area | Typical value | $ / sq ft |
|---|---|---|
| ZIP 48604 | $144,000 | $113 |
| Saginaw, MI | $144,000 | $113 |
| Michigan | $251,000 | $190 |
| United States | $294,000 | $195 |
Home value by size in 48604
Using this ZIP’s rate of about $113 per square foot. Condition, lot, and the exact street move these meaningfully — use the estimator below for a home-specific figure.
| Home size | Estimated value |
|---|---|
| 1,000 sq ft | $113,000 |
| 1,500 sq ft | $169,500 |
| 2,000 sq ft | $226,000 |
| 2,500 sq ft | $282,500 |
| 3,000 sq ft | $339,000 |
Salary needed to buy a home in ZIP 48604
To buy the typical $144,000 home in ZIP 48604 with 20% down, you need a household income of roughly $39,000 a year (about $910 a month for the mortgage, taxes, and insurance). With 10% down the bar rises to about $47,000, because the loan is bigger and mortgage insurance kicks in.
| Down payment | Cash down | Monthly payment | Income needed |
|---|---|---|---|
| 5% (+PMI) | $7,200 | $1,140/mo | $49,000/yr |
| 10% (+PMI) | $14,400 | $1,090/mo | $47,000/yr |
| 20% | $28,800 | $910/mo | $39,000/yr |
Assumes a 30-year fixed mortgage at 6.5%, property tax at 1.1% and insurance at 0.45% of value per year, PMI of 0.75% on loans with less than 20% down, and the standard 28% housing-to-income rule. Your rate, taxes, and HOA will move these — run your own numbers in the mortgage calculator.
What your budget buys in ZIP 48604
At about $113 per square foot, here is roughly how much home different budgets get you in ZIP 48604:
| Budget | Approx. size | What that looks like locally |
|---|---|---|
| $150k | 1330 sq ft | around the typical home here |
| $200k | 1770 sq ft | above the median — larger homes or the pricier ZIPs |
| $250k | 2210 sq ft | above the median — larger homes or the pricier ZIPs |
| $300k | 2650 sq ft | above the median — larger homes or the pricier ZIPs |
Wondering where that budget goes further? The relocation calculator ranks hundreds of U.S. cities by what the same money buys — it opens pre-filled with a typical 48604 home.
Estimate a specific home in 48604
The estimator below is pre-set to ZIP 48604 — pick your home’s size for an instant ballpark, then open the full calculator to adjust beds, baths, and condition.
All Saginaw ZIP codes by home value
Where 48604 sits among Saginaw’s 7 ZIP codes:
| # | ZIP code | Typical value | $ / sq ft |
|---|---|---|---|
| 1 | 48603 | $234,000 | $152 |
| 2 | 48609 | $222,000 | $142 |
| 3 | 48638 | $205,000 | $128 |
| 4 | 48604 (this page) | $144,000 | $113 |
| 5 | 48602 | $85,000 | $74 |
| 6 | 48601 | $59,000 | $56 |
| 7 | 48607 | $37,000 | $36 |
ZIP 48604 home prices: frequently asked
What is the average home price in ZIP code 48604? +
What is the price per square foot in 48604? +
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See the full Saginaw home values page, all Michigan cities, or price per square foot by ZIP code nationwide.
Directional estimates from public market data (Realtor.com & Zillow research), not appraisals. A single ZIP contains very different homes; actual values vary and change over time.