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.
The median home cost in Bay View is $338,400. Home appreciation the last 10 years has been 98.7%. Home Appreciation in Bay View is up 21.4%.
Average Age of Homes
- The median age of Bay View real estate is 78 years old
The Rental Market in Bay View
- Renters make up 1.2% of the Bay View population
- 0.0% of houses and apartments in Bay View, 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.