48603 — Saginaw, MI Home Values
Typical home value $234,142 as of June 2026 · 5th of 20 in Saginaw, MI
Blue: typical home value (Zillow ZHVI) in ZIP code 48603, June 2021 to June 2026. This page shows observed data only; no forecast.
How 48603 compares in the Saginaw, MI area
ZIP code 48603 (Saginaw, MI) has a typical home value of $234,142 as of June 2026, ranking 5th of 20 ZIP codes tracked in the Saginaw, MI area, more expensive than about 80% of ZIP codes in the metro. Prices here have moved +5.9% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +37.3%, from $170,515 in June 2021 to $234,142 in June 2026. Against observed rent, the typical home here sells for 17× the annual rent ($1,147/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 48603 has a population of 27,846, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 71.7% White, 10.3% Black or African American, 9.6% Hispanic or Latino, 5.3% Asian, 2.6% two or more races, 0.2% Native Hawaiian or Pacific Islander, 0.1% American Indian or Alaska Native, and 0.1% another race.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Heritage High School | 3465 N CENTER RD, SAGINAW, MI | 0.6 mi |
| Saginaw County Juvenile Center | 3360 HOSPITAL RD, SAGINAW, MI | 1.1 mi |
| Weiss Elementary School | 4645 WEISS ST, SAGINAW, MI | 1.5 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 48603?
$234,142 as of June 2026, the latest month Zillow has published observed data for.
Is 48603 an expensive ZIP code in the Saginaw, MI area?
48603 ranks 5th of 20 ZIP codes in the Saginaw, MI area by typical home value, more expensive than about 80% of ZIP codes in the metro.
How much have home values in 48603 changed over the past year?
+5.9% over the trailing 12 months, from observed Zillow data.
Is it cheaper to buy or rent in ZIP code 48603?
The typical home price is 17× the observed annual rent in this ZIP code ($1,147/mo). Lower multiples favor buying over renting, all else equal.
What is the population of ZIP code 48603?
27,846, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 48603?
Heritage High School (0.6 mi), Saginaw County Juvenile Center (1.1 mi), Weiss Elementary School (1.5 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 48603?
No. Every number on this page is observed Zillow data as of June 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.