Housing in 49808 Big Bay, MI is significantly higher than the US average. The Median Value of housing in Big Bay is $209,900, which is almost $80,000 lower than the US House Median Value of $338,100. Despite being lower than the national median, the 1 year House Appreciation in Big Bay is 12.90%, much higher than the US 1 year House Appreciation of 8.27%. This makes Big Bay a great option for those looking to invest in real estate with a high amount of potential growth over an extended period of time.
The median home cost in Big Bay (zip 49808) is $209,900. Home appreciation the last 10 years has been 71.4%. Home Appreciation in Big Bay (zip 49808) is up 23.1%.
Average Age of Homes
- The median age of Big Bay (zip 49808) real estate is 54 years old
The Rental Market in Big Bay (zip 49808)
- Renters make up 2.8% of the Big Bay (zip 49808) population
- 0.0% of houses and apartments in Big Bay (zip 49808), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.