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Chesaning, MI

Full City Profile · Michigan · Saginaw County County

3.1 /5.0
B Good
2,411 Population 785/sq mi density
$57,426 Median Income $29,343 per capita
$123,900 Home Value $201,711 Zillow
$679 Median Rent 28.4% income on rent
48°F Avg Temperature 260 sunny days/yr
89 Violent Crime/100K 313 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.8 / 5.0
$57,426 median income, 3.8% unemployment
A+
Affordability
5.0 / 5.0
$123,900 home value, $679/mo rent
F
Safety
1.0 / 5.0
89 violent crimes/100K
C
Education
2.4 / 5.0
17.7% bachelor's degree or higher

Housing Overview

Median Home Value
$123,900
56% below
US avg: $281,900
Median Rent
$679/mo
42% below
US avg: $1,163/mo
Homeownership Rate
68.4%
5% above US avg (65.4%)
Total Housing Units
1,117
Median year built: 1957

Home Value by Source

Census Median
$123,900
Zillow (ZHVI)
$201,711
Median Sale Price
$187,750
Median List Price
$166,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

68.4%
Owner-Occupied
31.6%
Renter-Occupied
68%
32%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$807/mo
1 Bedroom
$891/mo
2 Bedroom
$1,113/mo
3 Bedroom
$1,419/mo
4 Bedroom
$1,588/mo
Census median rent: $679/mo

Market Indicators (Redfin)

Median Days on Market
7 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
4
Price Drops
18.2%
of listings with price reduction
Price Per Sq Ft
$141
Active Inventory
11
homes for sale

Affordability & Housing Stock

Rent Burden
28.4%
of renters spending 30%+ of income on housing
8% below US avg (31.0%)
Median Year Built
1957
Average age of housing stock: 69 years
Homeownership Rate
68.4%

Complete Housing Data

Home Values

Census Median Value$123,900
Zillow Home Value (ZHVI)$201,711
Median Sale Price$187,750
Median List Price$166,000
Price Per Sq Ft$141

Rent

Census Median Rent$679
FMR Studio$807
FMR 1-Bedroom$891
FMR 2-Bedroom$1,113
FMR 3-Bedroom$1,419
FMR 4-Bedroom$1,588

Market

Days on Market7
Sale-to-List Ratio1.0%
Price Drops18.2%
Homes Sold4
Active Inventory11
Price Per Sq Ft$141

Ownership & Stock

Owner-Occupied68.4%
Renter-Occupied31.6%
Homeownership Rate68.4%
Total Housing Units1,117
Median Year Built1957
Rent Burden28.4%