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BAY CITY, MI 48706

Real Estate Market Report
Buyer's Market
June 2026  ·  Source: Realtor.com

Market Analysis

Data as of June 2026. Source: Realtor.com.

The BAY CITY, MI real estate market (48706) currently shows 160 active listings, with 66 pending sales. Homes are averaging 60 days on the market before going under contract.

Inventory has increased compared to last year, with 40 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 60 days on market compared to 31 days last year.

The median listing price has risen 31.8% year-over-year, from $198,675 to $261,900.

Whether you are buying or selling in BAY CITY, MI, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 39,182  ·  Density: 228.2/mi²  ·  Median household income: $58,211

Typical home value: $128,287  ·  Homeownership: 75.8%

Market Overview

Active Listings
160
⇧ 33.3% vs 120 last year
Pending
66
41% pending ratio
Median Price
$261,900
⇧ 31.8% vs $198,675 last year
Average Price
$296,803
⇧ 20.6% vs $246,154 last year
Days on Market
60
⇧ 93.5% vs 31 days last year

Price Per Square Foot

Median $/sqft
$144
vs $144/sqft last year
Median Home Size
1,547 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 160 this year vs 120 last year
  • Days on market: 60 now vs 31 last year

Median & Average Pricing

Year over Year
  • Median: $261,900 (+31.8% YoY)
  • Average: $296,803 (+20.6% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 20.0 miles — 616 listings ($154,253,582 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
48706Bay City, MI 487060.0 mi121$36,567,289$291,500$302,209
48631Kawkawlin, MI 486316.3 mi8$1,984,384$261,175$248,048
48611Auburn, MI 486117.2 mi18$5,074,740$232,400$281,930
48724Carrollton, MI 4872410.0 mi4$377,200$95,000$94,300
48623Freeland, MI 4862310.5 mi43$25,918,379$519,525$602,753
48607Saginaw, MI 4860711.7 mi3$179,700$59,900$59,900
48602Saginaw, MI 4860212.4 mi155$16,125,270$89,900$104,034
48601Saginaw, MI 4860114.0 mi104$9,656,400$77,900$92,850
48609Saginaw, MI 4860916.0 mi32$11,354,656$189,675$354,833
48650Pinconning, MI 4865017.7 mi20$3,987,400$189,445$199,370
48722Bridgeport, MI 4872218.5 mi10$3,096,900$239,700$309,690
48640Midland, MI 4864019.1 mi78$32,165,484$266,125$412,378
48734Frankenmuth, MI 4873420.0 mi20$7,765,780$347,450$388,289

Frequently Asked Questions

How many homes are for sale in BAY CITY, MI 48706?

As of June 2026, there are 160 active listings in BAY CITY, MI (zip code 48706), compared to 120 the prior year.

What is the median home price in BAY CITY, MI 48706?

The median listing price in BAY CITY, MI 48706 is $261,900 as of June 2026, a 31.8% increase from $198,675 the prior year.

How long do homes stay on the market in BAY CITY, MI?

Homes in BAY CITY, MI 48706 spend an average of 60 days on the market before going under contract, compared to 31 days the prior year.

Is it a seller's or buyer's market in BAY CITY, MI 48706?

Based on current inventory and days-on-market data as of June 2026, BAY CITY, MI 48706 is currently a Buyer's Market. Inventory has increased compared to last year, with 40 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 60 days on market compared to 31 days last year.

How much can I save on real estate commission in BAY CITY, MI?

With SELL123.com's maximum 3% commission, sellers in BAY CITY, MI 48706 save an estimated $5,238 compared to a typical 5% commission on the median listing price of $261,900. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.