Cities with the fastest growing home prices in Bay City metro area

Written by:
November 23, 2022
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Cities with the fastest growing home prices in Bay City metro area

It goes without saying that the coronavirus pandemic has sparked a wave of uncertainty across myriad industries, and no other market has quite felt its impact like that of real estate.

The pandemic has become a driving force behind the continued real estate boom, with high demand for vacation homes and a limited supply of housing that has prompted buyers and investors to bid up prices for affordable properties, causing home prices to skyrocket. The ability to work remotely played a role in the vacation home demand in mid-2020, as affluent Americans opted to ride out the pandemic with more amenities and space outside dense urban areas.

Stacker compiled a list of cities with the fastest-growing home prices in Bay City, MI metro area using data from Zillow. Cities are ranked by 1-year price change as of September 2022. The typical home value in the United States increased over the last year by +14.1% to $356,054. All 11 cities and towns with data available were included in the list.

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1 / 11
Stacker

#11. Bay City, Bay City

- 1-year price change: +$9,222 (+11.2%)
- 5-year price change: +$31,573 (+52.9%)
- Typical home value: $91,308 (#11 most expensive city in metro)
2 / 11
Stacker

#10. Essexville, Essexville

- 1-year price change: +$13,993 (+11.1%)
- 5-year price change: +$46,648 (+49.9%)
- Typical home value: $140,104 (#10 most expensive city in metro)
3 / 11
Stacker

#9. Portsmouth, Portsmouth

- 1-year price change: +$14,567 (+9.6%)
- 5-year price change: +$58,669 (+54.6%)
- Typical home value: $166,162 (#8 most expensive city in metro)
4 / 11
Stacker

#8. Hampton, Hampton

- 1-year price change: +$14,670 (+8.3%)
- 5-year price change: +$62,809 (+48.5%)
- Typical home value: $192,254 (#3 most expensive city in metro)
5 / 11
Stacker

#7. Bangor Township, Bangor Township

- 1-year price change: +$16,407 (+10.1%)
- 5-year price change: +$62,575 (+54.1%)
- Typical home value: $178,318 (#6 most expensive city in metro)

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6 / 11
Stacker

#6. Rhodes, Rhodes

- 1-year price change: +$17,088 (+10.6%)
- 5-year price change: +$72,899 (+68.8%)
- Typical home value: $178,798 (#5 most expensive city in metro)
7 / 11
Stacker

#5. Auburn, Auburn

- 1-year price change: +$19,810 (+11.3%)
- 5-year price change: +$67,923 (+53.6%)
- Typical home value: $194,625 (#2 most expensive city in metro)
8 / 11
Stacker

#4. Linwood, Linwood

- 1-year price change: +$21,194 (+12.8%)
- 5-year price change: +$75,298 (+67.4%)
- Typical home value: $186,942 (#4 most expensive city in metro)
9 / 11
Stacker

#3. Monitor, Monitor

- 1-year price change: +$21,477 (+11.6%)
- 5-year price change: +$67,390 (+48.4%)
- Typical home value: $206,737 (#1 most expensive city in metro)
10 / 11
Stacker

#2. Bentley, Bentley

- 1-year price change: +$24,128 (+17.8%)
- 5-year price change: +$67,390 (data not available)
- Typical home value: $159,695 (#9 most expensive city in metro)

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11 / 11
Stacker

#1. Pinconning, Pinconning

- 1-year price change: +$24,962 (+17.6%)
- 5-year price change: +$63,819 (+62.2%)
- Typical home value: $166,446 (#7 most expensive city in metro)

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