Comprehensive market data and analysis• Updated Dec 2025
23.4 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | 4 | 8 |
| 1-2 acres | 4 | 4 | 5 | 6 |
| 2-5 acres | - | - | 2 | 3 |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | 1 |
| 20-50 acres | - | 1 | 1 | 2 |
| 50-100 acres | - | - | 1 | 1 |
| 100+ acres | - | - | - | 1 |
| TOTAL | 4 | 5 | 13 | 22 |
Acreage buckets
The median price for land in Bay City, Michigan is currently $23K per acre. For a typical parcel, the median sale price is $38K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $8K while premium lots reached $285K.
Bay City, Michigan is currently a strong buyer's market with 23.4 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have increased 67.2% year-over-year.
Bay City, Michigan currently has 23.4 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
The 3-month absorption rate in Bay City, Michigan is 4.3%. The 12-month rate is 4.7%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
The current absorption rate in Bay City, Michigan is 4.3% (3-month basis), indicating slow demand. With appreciating values (+67.2% YoY), the market shows growth potential. The top-performing broker in this market is Century 21 Signature Realty.
Land in Bay City, Michigan typically sells within 167 days of listing. The median time on market is 72 days. Properties are moving slowly in the current strong buyer's market.
There are currently 39 active listings in Bay City, Michigan. 11 new listings have hit the market in the last 90 days. The median asking price is $49K.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.