Market Intelligence Report — MI-020

Bay City, MI

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-MI-06
As of the latest 2026 data
Accelerated

Median Listing

$212K
+16.9% YoY

Pending Ratio

0.79
-26.5% YoY

Active Inventory

210
+41.9% YoY

Median DOM

46 Days
+43.8% YoY

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Bay City is currently in an Accelerated market condition with a pending ratio of 0.79, indicating robust demand absorption. While the median list price has seen a modest month-over-month decline of 1.2%, it remains elevated by 16.9% compared to the prior year.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Local economic indicators are not yet available for this metro. Check back soon.
Market Analysis

What's moving the Bay City market right now.

Active listings have significantly expanded by 41.9% year-over-year, alongside a substantial 23.2% decline in new listings over the same period. The median days on market have lengthened by 43.8% year-over-year, and the share of price reductions has increased by 7.6% year-over-year. The pending ratio has declined by 26.5% year-over-year, suggesting a moderation in the pace of transactions compared to the prior year.

Historical Analysis

Market Trends

Median Price

$212K-1.2% MoM

Active Inventory

210+41.9% YoY

Days on Market

46+43.8% YoY

Sold Score™

60-26.5% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

60
Jun 23May 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Jul 23Jun 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Jul 23Feb 24Sep 24Apr 25Nov 25Jun 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

The current market dynamics suggest that while competition for properties remains present due to the elevated pending ratio, a lengthening of market times and an increase in price reductions indicate a more measured environment. Inventory expansion supports more deliberative acquisition strategies, though the underlying pace of demand remains strong enough to warrant continued attention to pricing discipline.

Luxury Segment

No distinct luxury-segment signal in this dataset.

Supply Dynamics

210 active listings represent the current floor, with new supply arriving at roughly 106 per month.

Pricing Pressure
22.4%

of active listings carry a price reduction, +7.6% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +4.8% year-over-year.

Absorption
0.79

Pending-to-active ratio — Accelerated.

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Metro Demographics

Metro Area
Bay City, MI
CBSA Code
13020
State
MI