Housing in Dollar Bay, MI

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

Housing Market Snapshot

Source: Redfin — November 2025

Median Sale Price

$130,000

Median List Price

N/A

Price Per Sq Ft

$135

Days on Market

148

Active Inventory

N/A

Zillow Home Value

$157,548

ZHVI — January 2026

Price Trends

Source: Redfin

Sale Price ↓ 63.8%List Price ↑ 0.0%Jul 24 → Nov 25

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Sale-to-List Ratio

94.3%

Buyer's market

Sold Above Asking

0.0%

Market Activity

Source: Redfin

Homes Sold

Homes Sold ↑ 0.0%New Listings ↑ 0.0%Pending ↓ 50.0%Jul 24 → Nov 25

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$135

Sale $/SF ↓ 51.8%List $/SF ↑ 0.0%Jul 24 → Nov 25

Dollar Bay vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Dollar Bay is highlighted.

Median Home Value

55th%ilemost expensive$196,200show rank

Median Rent

30th%ilemost expensive rent$800show rank

Median Price Per Sq Ft

32nd%ilemost expensive $/sqft$135show rank

Rent Burden

25th%ilehighest rent burden15.1%show rank

Census Housing Data

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

Median Home Value

$196,200

Median Rent

$800

Total Housing Units

441

Vacancy Rate

17.9%

Owner Occupied

87.3%

Renter Occupied

12.7%

Median Property Tax

$1,725

per year

Monthly Cost (w/ Mortgage)

$632

Housing Types

Single Family

85.5%

Multi-Family

5.0%

Mobile Home

9.5%

The current median sale price in Dollar Bay, MI is $130,000 according to Redfin data. Homes spend a median of 148 days on the market. 0.0% of homes sold above asking price. The median price per square foot is $135. The median rent is $800 per month (Census ACS). About 87.3% of housing units are owner-occupied. The median year homes were built is 1973. There are 441 total housing units.