Bay City, OR is a great place to live for those looking for an affordable housing market. The median value of homes in Bay City is $375,700, which is significantly lower than the US median house value of $338,100. Furthermore, the US 1 year house appreciation rate is 8.27%, while Bay City has seen a 7.02% increase in home values over the same time period. Overall, Bay City offers a more affordable housing market with good potential appreciation rates.
The median home cost in Bay City is $375,700. Home appreciation the last 10 years has been 142.7%. Home Appreciation in Bay City is up 13.1%.
Average Age of Homes
- The median age of Bay City real estate is 41 years old
The Rental Market in Bay City
- Renters make up 14.7% of the Bay City population
- 0.0% of houses and apartments in Bay City, 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.