Bay County, MI Housing

The housing market in Bay, MI County is booming. The median value of a home is $134,600, much lower than the national median value of $338,100. This makes the area an attractive option for potential homeowners. In addition, the 1 year house appreciation rate in Bay County is 14.19%, which is significantly higher than the US average of 8.27%. This indicates that housing prices are likely to continue rising in the near future and makes it an ideal time to invest in property in this area.

The median home cost in Bay County is $134,600. Home appreciation the last 10 years has been 82.9%. Home Appreciation in Bay County is up 15.0%.

Average Age of Homes

- The median age of Bay County real estate is 56 years old

The Rental Market in Bay County

- Renters make up 19.9% of the Bay County population
- 1.1% of houses and apartments in Bay County, 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Bay, Michigan	United States
	48,552.0	139,647,020.0
	60	42
	$134,600	$338,100
	15.0%	16.6%
	61.1%	57.0%
	82.9%	101.1%
	$17.73	$10.98
	$1,952	$2,690
	70.2%	57.4%
	7.3%	11.2%
	22.5%	31.4%
Vacant Housing
	1.1%	1.9%
	0.4%	0.4%
	0.7%	0.7%
	3.0%	0.4%
	1.1%	3.6%
	1.1%	4.1%
Value of Owner-Occupied Housing
	4.4%	2.6%
	4.3%	2.4%
	8.3%	2.8%
	12.5%	3.9%
	15.2%	4.5%
	21.6%	11.3%
	16.2%	13.0%
	12.2%	20.1%
	3.3%	13.6%
	1.0%	8.3%
	0.5%	9.7%
	0.2%	3.9%
	0.0%	2.2%
	0.1%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	6.4%	13.6%
	6.4%	13.6%
	8.4%	13.6%
	6.1%	13.2%
	16.1%	14.8%
	8.4%	13.6%
	15.7%	10.0%
	8.8%	4.7%
	24.9%	12.2%

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