Housing in Bay Shore

A typical Bay Shore home is worth roughly $154,000

Home prices around Bay Shore have risen about 78% over the past 5 years.

Typical home value

$154K

▲ 4.5% in a year · MI $266K

Estimate

2-bedroom rent

$1,070

a month, utilities in · HUD

Median tax bill

$2,132

MI $2,904

What kind of housing town is Bay Shore?

Read from the numbers below. The page puts what stands out first.

Your money goes further42% below the Michigan typical home.

★ What stands out · Affordability

A typical home costs 2 years of income

Less than across Michigan (3.7 years). Try your own numbers below.

You could afford about

$273,000

Typical Bay Shore home $154K

That covers a typical Bay Shore home, with $120K to spare.

The typical home, each month

$980

Loan $760Tax $180Insurance $40

A two-bedroom rents for about $1,070 a month here, $90 more than owning.

Where your budget reaches nearby

Petoskey$475K Resort$395K

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Bay Shore’s typical property tax (1.39% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

Price trend

Home prices up 78% in 5 years

The federal house price index for the ZIP codes around Bay Shore rose 78% over the past 5 years, faster than across Michigan (52%). Last year prices rose 4.5%.

Bay Shore areaMichigan

+4.5%

past year

+78%

past 5 years

+141%

past 10 years

Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Bay Shore, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.

Renting

A two-bedroom rents for about $1,070

Renters already here pay a median of $869, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$760

1 bedroom$830

2 bedrooms$1,070

3 bedrooms$1,470

4 bedrooms$1,650

16%

of households rent · MI 27%

renter households

$869

median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Antrim County, MI): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

The homes

84% of Bay Shore households own their home

Half of Bay Shore’s homes were built before 1992.

Owners and renters

Own 84%Rent 16%

Michigan: 73% own.

1992

typical home built · MI 1972

$2,132

median property tax bill · MI $2,904

1.39%

of a home’s value, a year in tax · MI 1.25%

17%

of homes are seasonal or vacation homes

U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.

Next door

Bay Shore vs. its neighbors

Bay Shore is the least expensive of 3 neighboring towns. Tap one to see its housing page.

Petoskey$475K Resort$395K Bay Shore$154K

Compare more

Town	Typical value	1-yr change	2-bed rent	Median income
Bay Shore	$154K*	+4.5%†	$1,070	$75,217
Petoskey	$475K	+6.7%	$1,260	$74,196
Resort	$395K*	+4.7%†	$1,260	$103,929

Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.

Neighbors talk housing

What Bay Shore buyers, sellers and renters are saying.

Town Square →

Weigh in

Is Bay Shore still affordable for young families?

Your answer becomes a post in Town Square.

Start the conversation

Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.