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MI area data

Bay view, MI

Bay view, MI.

Population: 18,221 (Census ACS)

Home values & appreciation

Median home value
$478,576
1-year appreciation
+6.9%
3-year appreciation
+4.4%
5-year appreciation
+16.6%
10-year appreciation
+79.9%
All-time peak (2026-04)
$489,702
House Price Index
387.5 (+5.5% YoY)

Market activity

New listings (monthly)
46

Rents

Typical rent
$1,800/mo

Affordability

Cost of living index (Below Average)
92.0 (100 = US avg)
Electricity rate (state-level)
20.0¢/kWh
Natural gas rate (state-level)
$10.90/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
8
Elementary schools
5
Middle schools
1
High schools
1
Charter schools
1

Natural hazards & flood risk

Overall hazard risk
Very Low
Top hazards
coldWave

Climate (30-year normals)

Average annual temperature
44.5°F
Average high
55.5°F
Average low
34.5°F
Annual precipitation
36.0 in

Amenities

Nearest airport
Harbor Springs Airport (3 mi)
Nearest major airport
Pellston Regional Airport of Emmet County Airport (PLN) (14 mi)
Hospitals nearby (~15 mi)
1
Avg hospital rating
4.0 / 5
Solar radiation rating
Fair (3.6 kWh/m²/day)

Migration

Net migration
+5 tax filers

Housing stock

Median year housing built
1,984
Median annual property tax
$3,048
Mean commute to work
17 min
Households with broadband internet
80.4%

Employment & development

Total county employment
15,352
Average weekly wage
$1,035
Top industries (by employment)
Health Care, Accommodation & Food, Construction
Annual residential building permits (county)
159

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents