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Bay View, MI Housing
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United States
/
Michigan
/ No Metro Area /
Emmet County
/ Bay View /
Zip Codes
EXPLORE BAY VIEW
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Bay View, MI is an ideal place to invest in real estate due to its soaring housing market. The median value of a house in Bay View, MI is $338,400, which is just slightly higher than the US House Median Value of $338,100. Additionally, the House 1 year appreciation in Bay View, MI is significantly higher at 16.52%, compared to the US 1 year House Appreciation of 8.27%. These figures show that Bay View has one of the most profitable housing markets in the country and should be taken into consideration by those looking for a great investment opportunity.
Median Monthly Rent by Number of Bedrooms
Housing by Year Built
Housing
Bay View, Michigan
United States
Number of Homes
549.0
139,647,020.0
Median Home Age
39
42
Median Home Cost
$338,400
$338,100
Home Appr. Last 12 months
21.4%
16.6%
Home Appr. Last 5 yrs.
68.6%
57.0%
Home Appr. Last 10 yrs.
98.7%
101.1%
Property Tax Rate
$10.16
$10.98
Property Taxes Paid
$3,391
$2,690
Homes Owned
13.5%
57.4%
Housing Vacant
82.5%
11.2%
Homes Rented
4.0%
31.4%
Vacant Housing
Vacant For Rent
0.0%
1.9%
Vacant Rented
0.0%
0.4%
Vacant For Sale
0.0%
0.7%
Vacant Sold
0.0%
0.4%
Vacant Vacation
82.5%
3.6%
Vacant Other
0.0%
4.1%
Value of Owner-Occupied Housing
Less Than $20,000
0.0%
2.6%
$20,000 to $39,999
0.0%
2.4%
$40,000 to $59,999
0.0%
2.8%
$60,000 to $79,999
0.0%
3.9%
$80,000 to $99,999
16.2%
4.5%
$100,000 to $149,999
0.0%
11.3%
$150,000 to $199,999
0.0%
13.0%
$200,000 to $299,999
14.9%
20.1%
$300,000 to $399,999
37.8%
13.6%
$400,000 to $499,999
0.0%
8.3%
$500,000 to $749,999
0.0%
9.7%
$750,000 to $999,999
31.1%
3.9%
$1,000,000 to $1,499,999
0.0%
2.2%
$1,500,000 to $1,999,999
0.0%
0.8%
$2,000,000 and over
0.0%
1.1%
Housing Units by Year Structure Built
2014 and newer
0.0%
0.2%
2010 to 2013
3.6%
13.6%
2000 to 2009
3.6%
13.6%
1990 to 1999
4.2%
13.6%
1980 to 1989
0.0%
13.2%
1970 to 1979
4.0%
14.8%
1960 to 1969
4.2%
13.6%
1950 to 1959
0.0%
10.0%
1940 to 1949
10.9%
4.7%
1939 or Earlier
77.2%
12.2%
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