New - 1 hour on Rocket
$1,958 Closing Credit¹
Angela K Ridley, Listing Office: Complete Realty LLC
Bay County Housing Market Report December 2024•Bay County, Michigan
Housing Prices in Bay County, MI
How much do homes in Bay County, MI cost?
Housing Market Conditions
Is Bay County, MI a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Bay County is a Seller's Market
Difference Since December 2023
Since last year, Bay County has remained a Seller's Market.
Insight
Bay County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$155,428$114/SqFt
+$17,728
+12.9%
Based on all homes sold in the last 12 months
Insight
Homes in Bay County have sold for 12.9% more than they did a year ago.
Summary: The median home sold price in Bay County was $155,428 in December 2024, up 12.9% from last year, and the median price per square foot was $114.
Median Sold Price By City
| City | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| Arenac County | $146.5K | $167.5K | +14.3% |
| Bay County | $137.7K | $155.4K | +12.9% |
| Saginaw County | $151.4K | $169.2K | +11.8% |
| Gladwin County | $175.5K | $193.7K | +10.4% |
| Tuscola County | $165.1K | $175.7K | +6.4% |
Median Sold Price By Bedrooms
| Beds | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $55.5K | $67.8K | +22.3% |
| 22 Bedrooms | $113K | $120K | +6.2% |
| 33 Bedrooms | $162K | $166.1K | +2.6% |
| 44 Bedrooms | $139.9K | $176.2K | +25.9% |
| 55+ Bedrooms | $129.5K | $154.7K | +19.5% |
Summary: Bay County housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes increased by +22.3%. The home price for 2 bedroom homes increased by +6.2%. The home price for 3 bedroom homes increased by +2.6%. The home price for 4 bedroom homes increased by +25.9%. The home price for 5 bedroom homes increased by +19.5%.
Housing supply in Bay County, MI
How many homes are available in Bay County, MI?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 268Last MonthDec 2024 | ||
| 2892 months agoNov 2024 | -7.3 % Change MoMNov – Dec |
Summary: The Bay County real estate market had 268 homes for sale in Dec 2024, a 7.3 % decrease compared to Nov 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 64Last MonthDec 2024 | ||
| 772 months agoNov 2024 | -16.9 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 1 | 3 | +200.0% |
| 22 Bedrooms | 65 | 52 | -20.0% |
| 33 Bedrooms | 151 | 145 | -4.0% |
| 44 Bedrooms | 58 | 54 | -6.9% |
| 55+ Bedrooms | 14 | 14 | 0.0% |
Summary: Bay County housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes increased by +200.0%. The inventory for 2 bedroom homes decreased by -20.0%. The inventory for 3 bedroom homes decreased by -4.0%. The inventory for 4 bedroom homes decreased by -6.9%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Bay County, MI cost?
Over Asking Price23 Homes
At Asking Price8 Homes
Under Asking Price33 Homes
Insight
If you're buying a home in Bay County, you may be able to get a good deal. 51.6% of homes here sold below asking price last month.
Summary: A total of 64 homes were sold or pending in Bay County in December 2024, down by 16.9% month-over-month. Of the 64 sold homes, 52% were sold under asking, 13% were sold at asking, and and 36% were sold over asking.
Days on Market for Bay County, MI
How long does it take to sell a home in Bay County, MI?
Breakdown of Home Sale Times
Under 30 Days43 Homes
30 – 90 Days19 Homes
Over 90 Days2 Homes
Insight
Many homes in Bay County are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 64 homes were sold in Bay County; 67% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 27 DaysThis YearDec 2024 | ||
| 30 Days1 year agoDec 2023 | -9.5 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in Bay County had an average listing age of 27 days in Dec 2024, down by 9.5% compared to the previous year.
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Newest Listings in Bay County, MI
What homes are available in Bay County, MI?
New - 1 hour on Rocket
$4,334 Closing Credit¹
Dawn Williams, Listing Office: Real Estate One Great Lakes Bay
New - 2 hours on Rocket
$1,661 Closing Credit¹
#50165488, Howard Diefenbach, Listing Office: Century 21 Signature Realty - Bay City
New - 2 hours on Rocket
$2,730 Closing Credit¹
Lindsey North, Jodie Bow, Listing Office: Century 21 Signature Realty
New - 1 day on Rocket
$5,936 Closing Credit¹
#50165442, Lisa Taglauer, Listing Office: Berkshire Hathaway HomeServices, Bay City
New - 1 day on Rocket
$1,888 Closing Credit¹
#50165437, Wade Eckenrod, Listing Office: RE/MAX Results
New - 1 day on Rocket
$1,780 Closing Credit¹
#50165428, Cesar Ortega, Listing Office: Ayre/Rhinehart Bay REALTORS
New - 1 day on Rocket
$3,443 Closing Credit¹
Ryan Sagady, Lyndsey OBrien, Listing Office: Bay Realty Michigan
New - 1 day on Rocket
$2,494 Closing Credit¹
#50165387, Wade Eckenrod, Listing Office: RE/MAX Results
New - 2 days on Rocket
$1,741 Closing Credit¹
#50165324, Linda Sidzina, Listing Office: Century 21 Signature Realty - Bay City
New - 2 days on Rocket
$3,324 Closing Credit¹
#50165312, The Ryan Valderas & Erica Roseberry Team, Listing Office: Berkshire Hathaway HomeServices, Bay City
New - 2 days on Rocket
$2,552 Closing Credit¹
#50165309, The Ryan Valderas & Erica Roseberry Team, Listing Office: Berkshire Hathaway HomeServices, Bay City
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MLS Disclaimers and Copyright
Based on information from MiRealSource Inc. DL, RealComp II Ltd., Michigan Regional Information Center LLC, and Northern Great Lakes Realtors MLS for the period 01/01/2023 - 01/01/2025
Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. Copyright 2025 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.
The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/29/2025, 3:21:02 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.
IDX provided courtesy of Realcomp II Ltd. Copyright © 2025 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/29/2025, 3:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Disclaimer: Information deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of MichRIC, LLC. Real estate listings held by brokerage firms other than this broker are marked with the BR logo and detailed information includes the name of the listing broker. Copyright 2025 Grand Rapids Association of REALTORS® / Copyright © MichRIC, LLC. / MLS Exchange Inc. All rights reserved.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/29/2025, 3:25:15 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Copyright © 2025 Northern Great Lakes REALTORS® MLS™ All Rights Reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/29/2025, 3:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/29/2025, 3:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.