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BIG BAY, MI 49808

Real Estate Market Report
Balanced Market
September 2026  ·  Source: Realtor.com

Market Analysis

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

The BIG BAY, MI real estate market (49808) currently shows 11 active listings, with 1 pending sales. Homes are averaging 88 days on the market before going under contract.

Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice.

Homes are selling faster, averaging 88 days on market compared to 111 days last year.

The median listing price has fallen 53.7% year-over-year, from $1,034,500 to $479,000.

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Market Context

Market Context

Population: 414  ·  Density: 0.9/mi²  ·  Median household income: $46,257

Typical home value: $147,010  ·  Homeownership: 86.7%

Market Overview

Active Listings
11
⇧ 175% vs 4 last year
Pending
1
9% pending ratio
Median Price
$479,000
⇩ 53.7% vs $1,034,500 last year
Average Price
$830,590
⇩ 10.7% vs $929,725 last year
Days on Market
88
⇩ 20.7% vs 111 days last year

Price Per Square Foot

Median $/sqft
$405
⇩ 11.8% vs $459/sqft last year
Median Home Size
1,597 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 11 this year vs 4 last year
  • Days on market: 88 now vs 111 last year

Median & Average Pricing

Year over Year
  • Median: $479,000 (-53.7% YoY)
  • Average: $830,590 (-10.7% 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 43.3 miles — 93 listings ($51,642,432 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
49808Big Bay, MI 498080.0 mi3$2,949,900$1,380,000$983,300
49814Champion, MI 4981418.7 mi12$3,609,996$347,500$300,833
49861Michigamme, MI 4986121.1 mi5$6,868,625$1,062,500$1,373,725
49855Marquette, MI 4985526.1 mi42$29,497,482$593,000$702,321
49871Palmer, MI 4987131.3 mi3$797,850$265,950$265,950
49908Baraga, MI 4990833.1 mi3$351,375$111,225$117,125
49879Republic, MI 4987933.8 mi8$2,465,488$269,900$308,186
49934Hubbell, MI 4993436.1 mi1$199,900$199,900$199,900
49930Hancock, MI 4993039.1 mi11$3,232,966$249,750$293,906
49917Copper City, MI 4991739.6 mi1$101,950$101,950$101,950
49950Mohawk, MI 4995040.8 mi1$105,000$105,000$105,000
49901Ahmeek, MI 4990141.2 mi1$52,900$52,900$52,900
49918Copper Harbor, MI 4991843.3 mi2$1,409,000$704,500$704,500

Frequently Asked Questions

How many homes are for sale in BIG BAY, MI 49808?

As of September 2026, there are 11 active listings in BIG BAY, MI (zip code 49808), compared to 4 the prior year.

What is the median home price in BIG BAY, MI 49808?

The median listing price in BIG BAY, MI 49808 is $479,000 as of September 2026, a 53.7% decrease from $1,034,500 the prior year.

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

Homes in BIG BAY, MI 49808 spend an average of 88 days on the market before going under contract, compared to 111 days the prior year.

Is it a seller's or buyer's market in BIG BAY, MI 49808?

Based on current inventory and days-on-market data as of September 2026, BIG BAY, MI 49808 is currently a Balanced Market. Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice. Homes are selling faster, averaging 88 days on market compared to 111 days last year.

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

With SELL123.com's maximum 3% commission, sellers in BIG BAY, MI 49808 save an estimated $9,580 compared to a typical 5% commission on the median listing price of $479,000. 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.