Homes for Sale Under 400K in Big Bay, MI

8 Homes for Sale

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Big Bay, MI Housing Market Overview

Big Bay's housing market currently favors sellers. With just a 4-month supply of homes and properties taking an average of 16 days to sell, sellers have considerable pricing power and can command premium offers.

Status

Seller's Market

Days on Market

16

Inventory

8

Aug 2021Jun 2023Nov 2025

Median Home Price

$571,000Up 4.71%

In Nov 2025 · YoY

Aug 2021Jun 2023Nov 2025

Mortgage Rates 30-Yr Fixed

6.23%Down 0.58%

Current rate · YoY

Loan Type

30-Year Fixed

Housing Supply

Homes For Sale
8 Up 3.00%
Newly Listed Homes
1 Down 0.00%
Months of Supply
4 Up 3.70%

Housing Demand

Homes Sold
1 Down 0.00%
Sale-to-List Ratio
120.2% Up 21.91%
Homes Sold Above List
100% Up 66.67%

30-yr fixed rate 6.23% · Data as of Nov 2025 · Source: Houzeo Research.

View Full Big Bay Market Report
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    Based on information from MiRealSource through Sep 6, 2026, 6:45 AM . All information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Provided through IDX via MiRealSource, Inc. Courtesy of MiRealSource Shareholder. © 2024 MiRealSource. All Rights Reserved.

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Big Bay, MI Housing Marketlink qauare
Homes Available icon

8

Homes Available

Median List Price icon

$ 571,000

Median List Price

Avg on Market icon

16 Days

Avg on Market

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