Bay County, MI Home Values & Market Trends
The median home price in Bay County, MI is $148,799.21. There were 1,328 home sales in Bay County, MI over the past 12 months. The median residential Bay County, MI home value for transactions over the previous year is $125,000. The number of current listings in Bay County, MI is 67, and the percentage of properties for sale is 67.00%. The county has 46 foreclosures, 18 bank owned properties, 28 headed for auction, and 67 properties for sale.
Bay County, MI Real Estate Market Overview
| City | Median Est. Value | City | Median Est. Value |
|---|---|---|---|
| Bay City | $ 109,793 $ 86/sqft | Linwood | $ 138,012 $ 84/sqft |
| Essexville | $ 142,871 $ 121/sqft | Kawkawlin | $ 256,812 $ 190/sqft |
| Pinconning | $ 194,351 $ 123/sqft | Bentley | $ 199,900 $ 131/sqft |
| Auburn | $ 298,086 $ 137/sqft | Munger | $ -- $ -- |
Housing Market Summary for Bay County, MI
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $153.5K | $130.7K | -14.83% |
| Median Sold Price | $141.7K | $130.7K | -7.75% |
| Homes For Sale | 60 | 57 | -5.00% |
| Homes Sold | 549 | 551 | 0.36% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Bay County, MI
Browse Homes in Bay County, MI
Bay County, MI home values range from $17,295 to $10,885,067. Auburn is the priciest city with a median listing home price of $292,450, and Essexville is most affordable with average house prices of around $134,900.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Bay County, MI with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 8 cities within Bay County, MI; of those cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Bay County, MI ranges from the highest value of $182,750 in Linwood to the lowest value of $39,000 in Bay City. Bank owned homes and properties account for 0.04% of properties in Bay County, MI. There are 8 cities within Bay County, MI; Bay City containing 14 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsBay City has 22 auction properties, the highest number of properties going to auction in a single city in the state of Bay County, MI. Auction homes and other auction properties account for 0.07% of all properties in Bay County, MI. There are 8 cities within Bay County, MI; of those cities, the median estimated home value for homes going to auction ranges from $285,533 in Bentley to the lowest value of $42,686 in Bentley.
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More Real Estate Resources for Bay County, MI
Guide for Bay County, MI
Explore the nuances of Michigan’s 2023 real estate market, where rising property values meet shifting sold prices and distressed properties offer investment opportunities amidst a stable yet competitive landscape.
The 2023 Detroit real estate market trend showed steady average listing values and an increase in property sales, with neighboring cities displaying more fluctuation but higher property values. This reflects the city’s resilience amidst an unpredictable industry landscape.
Why Buying a Foreclosure is a Smart Move
When house prices increase near good school, what options do home buyer have?