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Bay City, MI 48708 Housing Market

Data snapshot: October 5, 2026. Closed-sale window: last 6 months.
Bay City, MI inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.08
ActiveActive listings: 3838PendingPending sales: 33
Bay City, MI: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $160k$160kSoldMedian sold price (last 6 months): $136k$136k
What homes actually sell for in Bay City, MI
Distribution of 231 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $95k to $184k
$42k to $90k: 40 sales$42k$90k to $137k: 66 sales66sales$137k to $184k: 57 sales$137k$184k to $231k: 21 sales$231k to $278k: 12 sales$231k$278k to $326k: 5 sales$326k to $373k: 5 sales$326k$373k to $420k: 2 salesMedian $136k

What the numbers say

As of October 5, 2026, Resideline is tracking 38 active listings and 3 pending sales in ZIP code 48708. That pending-to-active ratio of 0.08 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $159,950, while the median of the 231 closed sales Resideline tracked over the last six months was $136,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 48708 for 68 days.

Frequently asked questions

What is the median home price in 48708?

The median closed sale price in Bay City, MI 48708 was $136,000 over the last six months, based on 231 closed sales tracked by Resideline. The middle half of those sales ranged from $95,294 to $184,000.

Is 48708 a buyer's or seller's market?

Resideline is currently tracking 3 pending sales against 38 active listings in 48708, a pending-to-active ratio of 0.08. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 48708 currently looks like a balanced market.

Nearby ZIP code market data

Full Bay City, MI housing market report →

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