Zip 54723 (Bay City, WI) Housing

The housing market in 54723 Bay City, WI is booming. The median house value in the area stands at an impressive $242,800, significantly higher than the US median of $338,100. Furthermore, the one year appreciation rate for homes in this area is 14.18%, much higher than the US average of 8.27%. This shows that houses in 54723 Bay City, WI are becoming increasingly valuable and attractive to buyers due to its great potential for capital growth and appreciation.

The median home cost in Bay City (zip 54723) is $242,800. Home appreciation the last 10 years has been 87.4%. Home Appreciation in Bay City (zip 54723) is up 16.3%.

Average Age of Homes

- The median age of Bay City (zip 54723) real estate is 45 years old

The Rental Market in Bay City (zip 54723)

- Renters make up 20.6% of the Bay City (zip 54723) population
- 1.3% of houses and apartments in Bay City (zip 54723), 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 City, Wisconsin	United States
	475.0	139,647,020.0
	46	42
	$242,800	$338,100
	16.3%	16.6%
	58.2%	57.0%
	87.4%	101.1%
	$17.36	$10.98
	$2,677	$2,690
	73.3%	57.4%
	7.8%	11.2%
	18.9%	31.4%
Vacant Housing
	1.3%	1.9%
	0.0%	0.4%
	1.3%	0.7%
	0.0%	0.4%
	2.5%	3.6%
	2.7%	4.1%
Value of Owner-Occupied Housing
	4.9%	2.6%
	5.2%	2.4%
	5.5%	2.8%
	1.4%	3.9%
	5.7%	4.5%
	25.9%	11.3%
	13.2%	13.0%
	21.6%	20.1%
	8.9%	13.6%
	6.3%	8.3%
	0.9%	9.7%
	0.3%	3.9%
	0.3%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	18.9%	13.6%
	18.9%	13.6%
	11.2%	13.6%
	10.9%	13.2%
	14.3%	14.8%
	11.2%	13.6%
	7.8%	10.0%
	7.6%	4.7%
	16.8%	12.2%

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