Zip 48720 (Bay Port, MI) Housing

The housing market in 48720 Bay Port, MI is an attractive investment. The median value of homes in the area is $101,500 which is significantly lower than the US median value of $338,100. Additionally, the 1-year appreciation rate of 9.81% for housing in Bay Port is higher than the US average of 8.27%. These factors make Bay Port a great place to invest in real estate with potential for good returns on investment.

The median home cost in Bay Port (zip 48720) is $101,500. Home appreciation the last 10 years has been 84.9%. Home Appreciation in Bay Port (zip 48720) is up 14.8%.

Average Age of Homes

- The median age of Bay Port (zip 48720) real estate is 64 years old

The Rental Market in Bay Port (zip 48720)

- Renters make up 9.5% of the Bay Port (zip 48720) population
- 0.0% of houses and apartments in Bay Port (zip 48720), 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 Port, Michigan	United States
	560.0	139,647,020.0
	69	42
	$101,500	$338,100
	14.8%	16.6%
	62.1%	57.0%
	84.9%	101.1%
	$15.75	$10.98
	$1,465	$2,690
	63.4%	57.4%
	25.2%	11.2%
	11.4%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	2.5%	0.4%
	18.6%	3.6%
	4.1%	4.1%
Value of Owner-Occupied Housing
	3.1%	2.6%
	9.0%	2.4%
	11.5%	2.8%
	11.8%	3.9%
	24.2%	4.5%
	14.9%	11.3%
	14.1%	13.0%
	3.4%	20.1%
	3.7%	13.6%
	2.3%	8.3%
	2.0%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	3.4%	13.6%
	3.4%	13.6%
	11.6%	13.6%
	5.5%	13.2%
	11.4%	14.8%
	11.6%	13.6%
	13.0%	10.0%
	9.8%	4.7%
	37.0%	12.2%

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