48706 Home Values & Market Trends
There are 703 homes currently listed for 48706. 48706 real estate market trends show that home prices range from $32,400 to $949,000, and the median sales price in the 48706 zip code is $190,390. The total number of properties sold within the past twelve months is 619. In 48706, 17 properties are in foreclosure, 2 are bank owned properties,and 15 are headed for auction.
Housing Market Summary for 48706
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $182.4K | $187K | 2.49% |
| Median Sold Price | $197.7K | $179.6K | -9.20% |
| Homes For Sale | 402 | 696 | 73.13% |
| Homes Sold | 351 | 271 | -22.79% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in 48706
Browse Homes in 48706
The median list price of a home in Bay City, is $190,390. A total of 703 properties are for sale, and the percentage of properties for sale in the zip code is 703.00%. The total count of 48706 properties is 1,009.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in 48706 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 48706; of that cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 48706 ranges from the highest value of $231,900 in bay city to the lowest value of $78,889 in bay city. Bank owned homes and properties account for 0.20% of properties in 48706. There is 1 cities within 48706; bay city containing 11 REO properties, has the highest number of bank owned properties in a single city.
- Auctionsbay city has 25 auction properties, the highest number of properties going to auction in a single city in the state of 48706. Auction homes and other auction properties account for 1.49% of all properties in 48706. There is 1 cities within 48706; of that cities, the median estimated home value for homes going to auction ranges from $255,340 in bay city to the lowest value of $61,079 in bay city.
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Guide for 48706
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.