Housing in Bay City, MI

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$110,000

Median List Price

$132,450

Price Per Sq Ft

$83

Days on Market

25

Active Inventory

95

Months of Supply

2.9

Seller's market

Zillow Home Value

$116,993

ZHVI — January 2026

Zillow Rent Index

$980

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 14.6%List Price 12.3%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

30.3%

Off Market in 2 Weeks

40.0%

Sale-to-List Ratio

96.6%

Buyer's market

Sold Above Asking
30.3%
Under Contract in 2 Wks
40.0%
Listings with Price Drops
29.5%

Market Activity

Source: Redfin

Homes Sold

33

New Listings

44

Pending Sales

45

Homes Sold 15.4%New Listings 10.0%Pending 0.0%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$83

Median List $/SF

$110

Sale $/SF 16.9%List $/SF 42.9%Mar 24Jan 26

Bay City vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 25,000 - 50,000 residents. Bay City is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$89,900

Median Rent

$739

Total Housing Units

16,173

Vacancy Rate

10.0%

Owner Occupied

68.5%

Renter Occupied

31.5%

Median Property Tax

$1,710

per year

Monthly Cost (w/ Mortgage)

$762

Housing Types

Single Family
77.7%
Multi-Family
21.4%
Mobile Home
0.9%

The current median sale price in Bay City, MI is $110,000 according to Redfin data. Homes spend a median of 25 days on the market. 30.3% of homes sold above asking price. The market has 2.9 months of supply. The median price per square foot is $83. Zillow's observed rent index is $980/month. About 68.5% of housing units are owner-occupied. The median year homes were built is 1938. There are 16,173 total housing units.