$77,900
0.26 Acres
Land
Samantha Mattison, Listing Office: Coldwell Banker Professional
Is Bay City, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Bay City was a Seller's Market.
Key Takeaway
Bay City is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Bay City, OR
How much do homes in Bay City, OR cost?
Median Sold Price
$443,600
$268/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$31,100(+7.5%)
Key Takeaway
Homes in Bay City have sold for 7.5% more than they did a year ago.
Summary: The median home sold price in Bay City was $443,600 in October 2024, up 7.5% from last year, and the median price per square foot was $268.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $359.5K | $292.5K | -18.6% |
| 3 Bedrooms | $468.9K | $524K | +11.8% |
| 4 Bedrooms | $647.5K | $450K | -30.5% |
| 5+ Bedrooms | $375K | $573K | +52.8% |
Summary: Bay City housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 18.6%, 3 bedroom homes increased by 11.8%, 4 bedroom homes decreased by 30.5%, and 5+ bedroom homes increased by 52.8%.
Housing Supply in Bay City, OR
How many homes are available in Bay City, OR?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 13 | 10 | -23.1% |
Summary: The Bay City real estate market had 10 homes for sale in October 2024, a 23.1% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 9 | 6 | -33.3% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Bay City housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 1 | -66.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bay City, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Bay City in October 2024, down by 66.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Bay City, OR
How long does it take to sell a home in Bay City, OR?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 63 Days | 122 Days | +93.7% |
Summary: Homes in Bay City had an average of 122 days on market in Oct 2024, up by 93.7% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Most homes in Bay City are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 1 homes were sold in Bay City; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
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