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BAY CITY, MI 48708

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

Market Analysis

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

The BAY CITY, MI real estate market (48708) currently shows 119 active listings, with 41 pending sales. Homes are averaging 52 days on the market before going under contract.

Inventory has increased compared to last year, with 38 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 52 days on market compared to 32 days last year.

The median listing price has fallen 5.5% year-over-year, from $137,450 to $129,950.

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Market Context

Market Context

Population: 25,857  ·  Density: 343.7/mi²  ·  Median household income: $47,024

Typical home value: $90,223  ·  Homeownership: 68.3%

Market Overview

Active Listings
119
⇧ 46.9% vs 81 last year
Pending
41
34% pending ratio
Median Price
$129,950
⇩ 5.5% vs $137,450 last year
Average Price
$171,516
⇩ 14.5% vs $200,510 last year
Days on Market
52
⇧ 62.5% vs 32 days last year

Price Per Square Foot

Median $/sqft
$96
⇩ 2% vs $98/sqft last year
Median Home Size
1,492 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 119 this year vs 81 last year
  • Days on market: 52 now vs 32 last year

Median & Average Pricing

Year over Year
  • Median: $129,950 (-5.5% YoY)
  • Average: $171,516 (-14.5% 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 20.5 miles — 510 listings ($88,704,543 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
48708Bay City, MI 487080.0 mi75$12,232,275$131,200$163,097
48747Munger, MI 487475.0 mi2$399,800$199,900$199,900
48604Saginaw, MI 486046.9 mi23$4,638,548$134,900$201,676
48607Saginaw, MI 486079.7 mi3$179,700$59,900$59,900
48601Saginaw, MI 4860111.0 mi104$9,656,400$77,900$92,850
48602Saginaw, MI 4860211.4 mi155$16,125,270$89,900$104,034
48638Saginaw, MI 4863812.9 mi35$10,316,145$236,175$294,747
48611Auburn, MI 4861113.3 mi18$5,074,740$232,400$281,930
48722Bridgeport, MI 4872214.6 mi10$3,096,900$239,700$309,690
48734Frankenmuth, MI 4873414.9 mi20$7,765,780$347,450$388,289
48609Saginaw, MI 4860916.7 mi32$11,354,656$189,675$354,833
48768Vassar, MI 4876818.7 mi27$6,473,601$194,300$239,763
48767Unionville, MI 4876720.5 mi6$1,390,728$233,675$231,788

Frequently Asked Questions

How many homes are for sale in BAY CITY, MI 48708?

As of September 2026, there are 119 active listings in BAY CITY, MI (zip code 48708), compared to 81 the prior year.

What is the median home price in BAY CITY, MI 48708?

The median listing price in BAY CITY, MI 48708 is $129,950 as of September 2026, a 5.5% decrease from $137,450 the prior year.

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

Homes in BAY CITY, MI 48708 spend an average of 52 days on the market before going under contract, compared to 32 days the prior year.

Is it a seller's or buyer's market in BAY CITY, MI 48708?

Based on current inventory and days-on-market data as of September 2026, BAY CITY, MI 48708 is currently a Buyer's Market. Inventory has increased compared to last year, with 38 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 52 days on market compared to 32 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 48708 save an estimated $2,599 compared to a typical 5% commission on the median listing price of $129,950. 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.