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Featured local agent — Saugatuck, MI
Sarah Mitchell
Compass Real Estate · Saugatuck, MI
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Saugatuck, MI Housing Market & Real Estate
Housing market overview · Updated monthly ·
$695,000median sale price
How is the Saugatuck, MI housing market right now?
The median home sale price in Saugatuck, MI is $695,000, down 45.1% year-over-year. Homes sell in an average of 3 days with 13 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Saugatuck a buyer's or seller's market?
Saugatuck, MI is currently a seller's market, based on 2.6 months of supply and homes selling in about 3 days. How we determine this →
Homes sold
5
Last 12 weeks
Days on market
3
Fast-moving
Active listings
13
2.6 months supply
Sale-to-list
100.0%
Below asking
What does the Saugatuck housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $695,000 |
| Median list price | $1.17M |
| Year-over-year price change | -45.1% |
| Average days on market | 3 days |
| Active inventory | 13 listings |
| Months of supply | 2.6 months |
| Sale-to-list price ratio | 100.0% |
| Median price per sq ft | $364/sq ft |
| Homes sold (latest month) | 5 |
| New listings (latest month) | 4 |
| Listings with a price cut | 38.5% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Saugatuck by property type?
How the Saugatuck, MI market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $1.25M | $364/sq ft | 3 | 3 days |
| Condo / Co-op | $610,000 | $396/sq ft | 2 | 10 days |
Source: Redfin · Updated monthly
The Saugatuck housing market is currently classified as a seller's market with a median sale price of $695,000. Prices have fallen 45.1% compared to last year, with homes spending an average of 3 days on market, indicating 2.6 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 5.3x provides context for how home values compare to local earning capacity.
Homes for sale in Saugatuck
There are currently 13 homes listed for sale in Saugatuck, Michigan. The median listing price is $1.2M.
Active listings
13
Homes on market
Median list price
$1.2M
Avg. days on market
3
Days until sale
New this week
4
Newly listed
Who lives in Saugatuck?
Population
751
Median income
$118,309/yr
Median age
55.6 years
Owner-occupied
82.2%
College grads
75.5%
Avg commute
56.6 min
Source: U.S. Census Bureau ACS
What are homes worth in Saugatuck?
Zillow home value
$630,736
Price-to-income
5.3x
Source: Zillow Research
What is it like to live in Saugatuck?
Saugatuck is a community of approximately 1K residents with a median age of 55.6 years.The median household income is $118,309, which reflects a relatively affluent area with strong earning potential. 75.5% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 82.2%, reflecting strong community stability and long-term resident commitment. The average commute time is 56.6 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Saugatuck offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Saugatuck?
2 schools tracked · 455 students
The largest public schools serving Saugatuck, MI by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Saugatuck High School
Grades 9-12 · 258 students
Saugatuck Middle School
Grades 6-8 · 197 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Saugatuck, MI?
Want a head-to-head view? Compare Saugatuck side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Saugatuck?
The median home sale price in Saugatuck is $695,000, down 45.1% from last year.
How long do homes stay on market in Saugatuck?
Homes typically spend 3 days on market before going under contract.
What is the median income in Saugatuck?
The median household income is $118,309 per year.
Is Saugatuck a buyer's or seller's market?
With 2.6 months of supply, Saugatuck is currently a seller's market.
What is the Zillow home value estimate for Saugatuck?
The Zillow Home Value Index (ZHVI) for Saugatuck is $630,736, representing the typical home value in the area.
What is the median condo price in Saugatuck?
The median condo/co-op sale price in Saugatuck, MI is $610,000, compared to $1.25M for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Saugatuck?
The median single-family home price in Saugatuck, MI is $1.25M (about $364 per square foot).
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