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BAY CITY, MI 48706

Real Estate Market Report  ·  Bay County
Buyer's Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The BAY CITY, MI real estate market (48706) currently shows 122 active listings, with 48 pending sales. Homes are averaging 82 days on the market before going under contract.

Inventory has increased compared to last year, with 27 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 82 days on market compared to 59 days last year.

The median listing price has risen 42.8% year-over-year, from $227,450 to $324,900.

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
122
⇧ 28.4% vs 95 last year
Pending
48
39% pending ratio
Median Price
$324,900
⇧ 42.8% vs $227,450 last year
Average Price
$315,471
⇧ 30.6% vs $241,477 last year
Days on Market
82
⇧ 39% vs 59 days last year

Price Per Square Foot

Median $/sqft
$167
⇧ 24.6% vs $134/sqft last year
Median Home Size
1,531 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 122 this year vs 95 last year
  • Days on market: 82 now vs 59 last year

Median & Average Pricing

Year over Year
  • Median: $324,900 (+42.8% YoY)
  • Average: $315,471 (+30.6% 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 March 2026, there are 122 active listings in BAY CITY, MI (zip code 48706), compared to 95 the prior year.

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

The median listing price in BAY CITY, MI 48706 is $324,900 as of March 2026, a 42.8% increase from $227,450 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 82 days on the market before going under contract, compared to 59 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 March 2026, BAY CITY, MI 48706 is currently a Buyer's Market. Inventory has increased compared to last year, with 27 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 82 days on market compared to 59 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 $6,498 compared to a typical 5% commission on the median listing price of $324,900. 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.