$3,918 Closing Credit*
$329,900
2,684 SqFt
4 Beds
•2 Full Baths, 1 Partial
Linda Sarmiento, Chris Leibinger, Listing Office: Berkshire Hathaway HomeServices
Is Bay County, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Bay County has remained a Seller's Market.
Key Takeaway
Bay County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Bay County, MI
How much do homes in Bay County, MI cost?
Median Sold Price
$155,000
$113/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$15,000(+10.7%)
Key Takeaway
Homes in Bay County have sold for 10.7% more than they did a year ago.
Summary: The median home sold price in Bay County was $155,000 in November 2024, up 10.7% from last year, and the median price per square foot was $113.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $55K | $115K | +109.1% |
| 2 Bedrooms | $113K | $121K | +7.1% |
| 3 Bedrooms | $162K | $169.9K | +4.9% |
| 4 Bedrooms | $140.5K | $175K | +24.6% |
| 5+ Bedrooms | $135.5K | $151.2K | +11.6% |
Summary: Bay County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 109.1%, 2 bedroom homes increased by 7.1%, 3 bedroom homes increased by 4.9%, 4 bedroom homes increased by 24.6%, and 5+ bedroom homes increased by 11.6%.
Median Sold Price Compared To Nearby Counties
| Saginaw County | $149.8K | $168.2K | +12.3% |
| Bay County | $140K | $155K | +10.7% |
| Gladwin County | $173K | $191.4K | +10.6% |
| Arenac County | $148.2K | $160K | +7.9% |
| Tuscola County | $165K | $173.6K | +5.3% |
Housing Supply in Bay County, MI
How many homes are available in Bay County, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 343 | 306 | -10.8% |
Summary: The Bay County real estate market had 306 homes for sale in November 2024, a 10.8% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 1 | -75.0% |
| 2 Bedrooms | 77 | 66 | -14.3% |
| 3 Bedrooms | 186 | 158 | -15.1% |
| 4 Bedrooms | 55 | 65 | +18.2% |
| 5+ Bedrooms | 21 | 16 | -23.8% |
Summary: The Bay County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 75%, 2 bedroom homes decreased by 14.3%, 3 bedroom homes decreased by 15.1%, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes decreased by 23.8%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 120 | 71 | -40.8% |
Asking Price vs. Sold Price
37 Homes Were Sold
Under Asking
15 Homes Were Sold
At Asking
19 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bay County, you may be able to get a good deal. 52.1% of homes here sold below asking price last month.
Summary: A total of 71 homes were sold or pending in Bay County in November 2024, down by 40.8% month-over-month. Of the 71 sold homes, 52% were sold under asking, 21% were sold at asking, and 27% were sold over asking.
Days on Market for Bay County, MI
How long does it take to sell a home in Bay County, MI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 28 Days | 23 Days | -19.7% |
Summary: Homes in Bay County had an average of 23 days on market in Nov 2024, down by 19.7% compared to last year.
Breakdown of Home Sale Times
49 Homes Were Sold
Under 30 Days
22 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Bay County are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 71 homes were sold in Bay County; 69% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. 
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