Bay City, MI 48708 Real Estate & Property Data

Bay City, MI 48708 Real Estate Market Trends
Last Updated: April 22, 2025

A total of 509 residential properties have been sold over the past 12 months in 48708. With a median sales price of $131,250 in 48708 and a total of 5 foreclosures in Bay City, MI 48708. Discover market trends and get the granular level real estate data for Bay City, MI 48708 to keep your pulse on the housing market. Curate compelling home reports for Bay City, MI 48708 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Bay City, MI 48708 Real Estate Market Trends
Total Residential Properties 9,947
Total Commercial Properties 921
Avg. Home Age (Single Family Home) 83 Years
Avg. Square Feet (Single Family Home) 1,431
Total 2026 Residential Sales (year-to-date) 60
% of Homes Seriously Underwater (Q2 2025) 0.9%
Total 2025 Residential Sales 483
% of Equity Rich Homes (Q2 2025) 34.92%
Effective 2025 Property Tax 2.43%
Total Foreclosure Filings (year-to-date) 15
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Bay City, MI 48708 Real Estate Overview

There were 509 residential properties sold in the past year in Bay City, MI 48708. The median home value in Bay City, MI 48708 is $126,751. There are a total of 9,947 residential properties in the 48708.

Median Sales Price i
$131,250
(Feb 2025)
+11.3%
year-over-year
y-o-y
  • February '25 Feb '25 $131,250
  • January '25 Jan '25 $117,500
  • December '24 Dec '24 $117,800
  • November '24 Nov '24 $134,000
  • October '24 Oct '24 $125,000
  • September '24 Sep '24 $132,750
  • August '24 Aug '24 $138,000
  • July '24 Jul '24 $136,500
  • June '24 Jun '24 $125,750
  • May '24 May '24 $144,950
  • April '24 Apr '24 $118,500
  • March '24 Mar '24 $104,500
Median Down Payment i
$23,000
(Feb 2025)
+474.3%
year-over-year
y-o-y
  • February '25 Feb '25 $23,000
  • January '25 Jan '25 $14,025
  • December '24 Dec '24 $18,900
  • November '24 Nov '24 $10,750
  • October '24 Oct '24 $7,350
  • September '24 Sep '24 $6,995
  • August '24 Aug '24 $6,000
  • July '24 Jul '24 $11,000
  • June '24 Jun '24 $6,750
  • May '24 May '24 $16,682
  • April '24 Apr '24 $5,500
  • March '24 Mar '24 $4,450
Number of Homes Sold i
29
(Feb 2025)
-21.6%
year-over-year
y-o-y
  • February '25 Feb '25 29
  • January '25 Jan '25 31
  • December '24 Dec '24 42
  • November '24 Nov '24 34
  • October '24 Oct '24 39
  • September '24 Sep '24 43
  • August '24 Aug '24 42
  • July '24 Jul '24 55
  • June '24 Jun '24 42
  • May '24 May '24 35
  • April '24 Apr '24 45
  • March '24 Mar '24 35
Number of Purchase Loans i
17
(Feb 2025)
-22.7%
year-over-year
y-o-y
  • February '25 Feb '25 17
  • January '25 Jan '25 25
  • December '24 Dec '24 30
  • November '24 Nov '24 28
  • October '24 Oct '24 29
  • September '24 Sep '24 24
  • August '24 Aug '24 31
  • July '24 Jul '24 35
  • June '24 Jun '24 29
  • May '24 May '24 32
  • April '24 Apr '24 24
  • March '24 Mar '24 18
Number of REFI Loans i
16
(Feb 2025)
-23.8%
year-over-year
y-o-y
  • February '25 Feb '25 16
  • January '25 Jan '25 22
  • December '24 Dec '24 12
  • November '24 Nov '24 19
  • October '24 Oct '24 32
  • September '24 Sep '24 23
  • August '24 Aug '24 17
  • July '24 Jul '24 17
  • June '24 Jun '24 13
  • May '24 May '24 16
  • April '24 Apr '24 14
  • March '24 Mar '24 16
Number of HELOC Loans i
7
(Feb 2025)
+75%
year-over-year
y-o-y
  • February '25 Feb '25 7
  • January '25 Jan '25 7
  • December '24 Dec '24 3
  • November '24 Nov '24 9
  • October '24 Oct '24 5
  • September '24 Sep '24 10
  • August '24 Aug '24 5
  • July '24 Jul '24 6
  • June '24 Jun '24 8
  • May '24 May '24 6
  • April '24 Apr '24 6
  • March '24 Mar '24 5

Bay City, MI 48708 Foreclosure Activity

There were a total of 5 Bay City, MI 48708 properties with a foreclosure filing in February 2025. Lenders started the foreclosure process on 5 Bay City, MI 48708 properties and repossessed 1 Bay City, MI 48708 properties through completed foreclosures (REOs) in February 2025.

Total Foreclosure Filings i
5
(Feb 2025)
+66.7%
year-over-year
y-o-y
  • February '25 Feb '25 5
  • January '25 Jan '25 10
  • December '24 Dec '24 6
  • November '24 Nov '24 2
  • October '24 Oct '24 4
  • September '24 Sep '24 5
  • August '24 Aug '24 2
  • July '24 Jul '24 1
  • June '24 Jun '24 2
  • May '24 May '24 2
  • April '24 Apr '24 1
  • March '24 Mar '24 N/A
Foreclosure Starts i
5
(Feb 2025)
+66.7%
year-over-year
y-o-y
  • February '25 Feb '25 5
  • January '25 Jan '25 10
  • December '24 Dec '24 6
  • November '24 Nov '24 2
  • October '24 Oct '24 4
  • September '24 Sep '24 5
  • August '24 Aug '24 2
  • July '24 Jul '24 1
  • June '24 Jun '24 2
  • May '24 May '24 2
  • April '24 Apr '24 1
  • March '24 Mar '24 N/A
Completed Foreclosures (REOs) i
1
(Feb 2025)
  • February '25 Feb '25 1
  • January '25 Jan '25 N/A
  • December '24 Dec '24 2
  • November '24 Nov '24 1
  • October '24 Oct '24 3
  • September '24 Sep '24 N/A
  • August '24 Aug '24 N/A
  • July '24 Jul '24 N/A
  • June '24 Jun '24 N/A
  • May '24 May '24 N/A
  • April '24 Apr '24 1
  • March '24 Mar '24 N/A
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