Why Live in Covenant
Covenant, a neighborhood in Saginaw, features a mix of historical homes, including farmhouses, Dutch Colonials, and bungalows, many dating back to the mid-1800s and early 1900s. While some homes require extensive repairs, they are generally affordable, with prices ranging from $20,000 to $120,000. The area is characterized by compact, grassy lots with tree-shaded sidewalks and private driveways or rear garages. Bliss Park, located across from the Covenant Medical Center, offers green space, picnic pavilions, and a playground. Nearby attractions include the Pit and Balcony Theatre, Temple Theatre, Mid-Michigan Children’s Museum, and Saginaw Children's Zoo. Ojibway Island, accessible via pedestrian bridges, hosts Rust Park, known for its Fourth of July fireworks and summer concerts. Dining and retail options are limited within Covenant, but Old Town Saginaw, just east of the neighborhood, features coffee shops, bakeries, and upscale restaurants like Artisan Urban Bistro and Oracle Beer. The Downtown Saginaw Farmers Market, open three days a week from May through October, is about 1 mile east. For shopping, the main district is 5 miles north, near Bay and Tittabawassee roads. Transportation options include bike-friendly streets, Saginaw Transit Authority bus stops, and proximity to State Route 46 and Interstate 675. MBS International Airport is 14 miles away. The neighborhood is safer than the national average. Educational options include the highly rated Handley School and Saginaw Arts & Sciences Academy, providing specialized programs for elementary through high school students.
Frequently Asked Questions
Is Covenant a good place to live?
Covenant is a good place to live. Covenant is considered somewhat walkable and bikeable. Covenant has 8 parks for recreational activities. It has a median age of 35. The average household income is $37,869 which is below the national average. College graduates make up 8.9% of residents. A majority of residents in Covenant are renters, with 57.2% of residents renting and 42.8% of residents owning their home. A
local real estate agent serving Covenant can help you decide if this neighborhood is the right one for you. Learn more on our
Covenant neighborhood guide.
Is Covenant, MI a safe neighborhood?
Covenant, MI is less safe than the average neighborhood in the United States. It received a crime score of 6 out of 10.
How much do you need to make to afford a house in Covenant?
The median home price in Covenant is $349,000. If you put a 20% down payment of $69,800 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $1,810 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $78K a year to afford the median home price in Covenant. The average household income in Covenant is $38K.
What are the best public schools in Covenant?
The best public schools that serve Covenant are:
What are the best private schools in Covenant?
The best private schools that serve Covenant are:
What are the most popular zip codes in Covenant, Saginaw, MI?
What are the most popular neighborhoods near Covenant, Saginaw, MI?
Are home prices dropping in Covenant?
Yes, home prices in Covenant are down 45% in the last 12 months.
Home Trends in Covenant, MI
On average, homes in Covenant, Saginaw sell after 69 days on the market compared to the national average of 70 days. The median sale price for homes in Covenant, Saginaw over the last 12 months is $339,000, down 23% from the median home sale price over the previous 12 months.
Median Sale Price
$339,000
Median Single Family Sale Price
$339,000
Median 2 Bedroom Sale Price
$462,500
Average Price Per Sq Ft
$219
Number of Homes for Sale
4
Last 12 months Home Sales
82
Median List Price
$349,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-23%