Bay City, WI is an attractive market for housing investment. The median value of a home in Bay City, WI is $244,600, which is significantly lower than the U.S. median value of $338,100. This makes buying a home in Bay City relatively more affordable compared to other parts of the country. What's more, the 1 year house appreciation in Bay City stands at 14.18%, which is higher than the national average of 8.27%. This suggests that investing in property in Bay City may be a wise decision for those who are looking to increase their wealth over time through real estate investments.
The median home cost in Bay City is $244,600. Home appreciation the last 10 years has been 87.4%. Home Appreciation in Bay City is up 16.3%.
Average Age of Homes
- The median age of Bay City real estate is 55 years old
The Rental Market in Bay City
- Renters make up 24.1% 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.