Housing in Big Bay, MI
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — November 2025Median Sale Price
$571,000
Median List Price
$189,900
Price Per Sq Ft
$376
Days on Market
16
Active Inventory
4
Months of Supply
4.0
Balanced market
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
100.0%
Sale-to-List Ratio
120.2%
Seller's market
Market Activity
Source: RedfinHomes Sold
1
New Listings
1
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$376
Median List $/SF
$154
Big Bay vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Big Bay is highlighted.
Median Home Value
Median Price Per Sq Ft
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$261,400
Median Rent
N/A
Total Housing Units
292
Vacancy Rate
55.1%
Owner Occupied
82.4%
Renter Occupied
17.6%
Median Property Tax
$1,280
per year
Monthly Cost (w/ Mortgage)
$700
Housing Types
The current median sale price in Big Bay, MI is $571,000 according to Redfin data. Homes spend a median of 16 days on the market. 100.0% of homes sold above asking price. The market has 4.0 months of supply. The median price per square foot is $376. About 82.4% of housing units are owner-occupied. The median year homes were built is 1967. There are 292 total housing units.