Zip Code: 48609 (Saginaw, Michigan) - Trend of Zillow Home Value Index (ZHVI) for All Homes (SFR, Condo/Co-op), Smooth and Seasonally Adjusted (Zillow)

Updated on March 22, 2026.

According to data from Zillow.com, the smoothed and seasonally adjusted Zillow home value index (ZHVI) for All Homes (SFR, Condo/Co-op) in the 48609 Zip Code (Saginaw, Michigan) in February 2026 was $206,524.741. The month over month percentage change (MoM) was 0.21%, and the year over year percentage change (YoY) was 4.06%.

The chart below shows the trend of the smoothed and seasonally adjusted ZHVI for the 48609 zip code (Saginaw, Michigan). The table below shows the trend of the smoothed and seasonally adjusted ZHVI, and the MoM and YoY percentage changes for the 48609 zip code (Saginaw, Michigan).

You can see similar information for other Michigan zip codes, and for Michigan.

Note: Zillow Home Value Index (ZHVI) is a measure of the typical home value and market changes across a given region and housing type. It reflects the typical value for homes in the 35th to 65th percentile range.

Data Source: Zillow.
Zip Code: 48609 (Saginaw, Michigan) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted ($)
Zip Code: 48609 (Saginaw, Michigan) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZHVI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 107850.99287046255 0.59 1.38
Feb 2015 108491.0728814683 0.59 1.17
Mar 2015 109153.96655494753 0.61 1.33
Apr 2015 109442.54146208055 0.26 1.78
May 2015 109514.23351443913 0.07 2.22
Jun 2015 109559.53571856076 0.04 2.66
Jul 2015 110067.18983542616 0.46 2.83
Aug 2015 110516.73987576137 0.41 3.06
Sep 2015 110683.64109580858 0.15 3.04
Oct 2015 110197.27134993109 -0.44 2.92
Nov 2015 109688.92015953467 -0.46 2.44
Dec 2015 109483.32912246346 -0.19 2.12
Jan 2016 109767.09578844474 0.26 1.78
Feb 2016 110211.82044166967 0.41 1.59
Mar 2016 110268.07493543271 0.05 1.02
Apr 2016 110179.75025692744 -0.08 0.67
May 2016 109924.61964489364 -0.23 0.38
Jun 2016 109719.35284247196 -0.19 0.15
Jul 2016 109504.85605131318 -0.19 -0.51
Aug 2016 109648.4761982744 0.13 -0.79
Sep 2016 110358.22601040507 0.65 -0.29
Oct 2016 111314.6215782347 0.87 1.01
Nov 2016 112366.2673811331 0.95 2.44
Dec 2016 112985.57708091715 0.55 3.20
Jan 2017 113306.69886502001 0.28 3.23
Feb 2017 113457.57897950195 0.13 2.95
Mar 2017 114081.7325338213 0.55 3.46
Apr 2017 114918.44612755433 0.73 4.30
May 2017 115893.10447898055 0.85 5.43
Jun 2017 116710.21629613807 0.71 6.37
Jul 2017 117586.86408301548 0.75 7.38
Aug 2017 118512.68676173879 0.79 8.08
Sep 2017 119092.03248643746 0.49 7.91
Oct 2017 119288.8999873388 0.17 7.16
Nov 2017 119331.45889610557 0.04 6.20
Dec 2017 119771.82421865652 0.37 6.01
Jan 2018 120423.2125413984 0.54 6.28
Feb 2018 120696.4583776082 0.23 6.38
Mar 2018 120766.56900500611 0.06 5.86
Apr 2018 120700.96895613453 -0.05 5.03
May 2018 120942.76447332943 0.20 4.36
Jun 2018 121279.26802595641 0.28 3.92
Jul 2018 121837.13224176787 0.46 3.62
Aug 2018 122248.96321314697 0.34 3.15
Sep 2018 122368.37903226528 0.10 2.75
Oct 2018 121862.09516870248 -0.41 2.16
Nov 2018 121505.00715700207 -0.29 1.82
Dec 2018 121482.44837591819 -0.02 1.43
Jan 2019 122235.60050933638 0.62 1.51
Feb 2019 123446.54787508643 0.99 2.28
Mar 2019 124995.61801190478 1.25 3.50
Apr 2019 126477.24339703518 1.19 4.79
May 2019 127571.38866796176 0.87 5.48
Jun 2019 128317.70309979649 0.59 5.80
Jul 2019 128684.82601322922 0.29 5.62
Aug 2019 129092.51116562262 0.32 5.60
Sep 2019 129300.66737372329 0.16 5.67
Oct 2019 130057.97311313 0.59 6.73
Nov 2019 131038.75963396991 0.75 7.85
Dec 2019 131941.7210807494 0.69 8.61
Jan 2020 132216.10409617788 0.21 8.16
Feb 2020 132463.3670372085 0.19 7.30
Mar 2020 132920.50717297016 0.35 6.34
Apr 2020 133645.2494739608 0.55 5.67
May 2020 133894.92824731735 0.19 4.96
Jun 2020 134181.88808008182 0.21 4.57
Jul 2020 134654.06019414155 0.35 4.64
Aug 2020 135799.10527122839 0.85 5.20
Sep 2020 137371.89342957785 1.16 6.24
Oct 2020 139296.68496774932 1.40 7.10
Nov 2020 141460.74254265302 1.55 7.95
Dec 2020 143602.88892658733 1.51 8.84
Jan 2021 145933.00410619634 1.62 10.38
Feb 2021 148270.43978673176 1.60 11.93
Mar 2021 150814.23045310556 1.72 13.46
Apr 2021 153095.0962984327 1.51 14.55
May 2021 155629.94831856666 1.66 16.23
Jun 2021 158350.002683099 1.75 18.01
Jul 2021 160206.45267790006 1.17 18.98
Aug 2021 160574.698637789 0.23 18.24
Sep 2021 159704.61369384223 -0.54 16.26
Oct 2021 159308.89734164867 -0.25 14.37
Nov 2021 159608.11112785598 0.19 12.83
Dec 2021 160152.37373369062 0.34 11.52
Jan 2022 161346.88956810735 0.75 10.56
Feb 2022 163489.66536482808 1.33 10.27
Mar 2022 166540.21702188297 1.87 10.43
Apr 2022 169688.51947045795 1.89 10.84
May 2022 172336.7851852477 1.56 10.74
Jun 2022 175027.57890144153 1.56 10.53
Jul 2022 176677.60330481696 0.94 10.28
Aug 2022 177480.8256136952 0.46 10.53
Sep 2022 177067.16798497943 -0.23 10.87
Oct 2022 177078.8310324793 0.01 11.15
Nov 2022 177242.7546644966 0.09 11.05
Dec 2022 177620.78480657833 0.21 10.91
Jan 2023 178094.0469372781 0.27 10.38
Feb 2023 179135.39960960497 0.59 9.57
Mar 2023 180481.29628574688 0.75 8.37
Apr 2023 181723.55644578813 0.69 7.09
May 2023 182538.0367256246 0.45 5.92
Jun 2023 183360.1457503408 0.45 4.76
Jul 2023 183823.81027384274 0.25 4.05
Aug 2023 184253.07641956184 0.23 3.82
Sep 2023 184309.00991131223 0.03 4.09
Oct 2023 184377.85849646386 0.04 4.12
Nov 2023 184521.62004316307 0.08 4.11
Dec 2023 185273.85925723249 0.41 4.31
Jan 2024 186289.4654165306 0.55 4.60
Feb 2024 187959.85439847488 0.90 4.93
Mar 2024 189794.98313139463 0.98 5.16
Apr 2024 191817.6146856875 1.07 5.56
May 2024 193077.58996914132 0.66 5.77
Jun 2024 193764.4212898025 0.36 5.67
Jul 2024 193532.16093695423 -0.12 5.28
Aug 2024 192833.67894990402 -0.36 4.66
Sep 2024 192159.06474732736 -0.35 4.26
Oct 2024 192184.48477378383 0.01 4.23
Nov 2024 193451.4834565396 0.66 4.84
Dec 2024 195404.8792966893 1.01 5.47
Jan 2025 197259.9859105223 0.95 5.89
Feb 2025 198471.25187941917 0.61 5.59
Mar 2025 198832.03494217145 0.18 4.76
Apr 2025 198964.56034683585 0.07 3.73
May 2025 198830.2858399571 -0.07 2.98
Jun 2025 199252.42652570247 0.21 2.83
Jul 2025 200744.88200149077 0.75 3.73
Aug 2025 202485.38074722342 0.87 5.01
Sep 2025 203889.45879198515 0.69 6.11
Oct 2025 204469.31203043138 0.28 6.39
Nov 2025 204951.96562363152 0.24 5.95
Dec 2025 205565.0054934742 0.30 5.20
Jan 2026 206095.50777691987 0.26 4.48
Feb 2026 206524.74119040402 0.21 4.06