Bay Port, MI is a vibrant community with a strong housing market. The median value of homes in Bay Port is $108,200, which is significantly lower than the U.S. median of $338,100. However, the 1-year appreciation rate for homes in Bay Port is higher than the U.S. at 9.81%, suggesting that housing values are continuing to increase in the area despite its lower median price point. This makes Bay Port an attractive option for those looking to purchase a home in Michigan, as it offers a more affordable entrypoint into homeownership while still providing significant potential for appreciation over time.
The median home cost in Bay Port is $108,200. Home appreciation the last 10 years has been 84.9%. Home Appreciation in Bay Port is up 14.8%.
Average Age of Homes
- The median age of Bay Port real estate is 65 years old
The Rental Market in Bay Port
- Renters make up 9.8% of the Bay Port population
- 0.0% of houses and apartments in Bay Port, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.