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Housing in Big Bay

A typical Big Bay home is worth roughly $273,000

The median sale price was $374,000 in May 2026.

Typical home value
$273K
MI $232K
Estimate
Median sale price
$374K
May 2026 · Redfin
Homes sold
1
in May · 4 for sale
2-bedroom rent
$1,120
a month, utilities in · HUD
Median tax bill
$1,440
MI $2,904

Only 1 sale in May 2026: in a market this size, monthly medians swing a lot, so the typical value is the steadier guide.

What kind of housing town is Big Bay?

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

★ What stands out · The homes

95% of Big Bay households own their home

Half of Big Bay’s homes were built before 1968.

Owners and renters
Own 95%Rent 6%

Michigan: 73% own.

1968
typical home built · MI 1972
$1,440
median property tax bill · MI $2,904
50%
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.

Affordability

What it takes to buy in Big Bay

Try your own numbers below.

You could afford about
$271,000
Typical Big Bay home $273K

That’s $2K short of a typical Big Bay home.

The typical home, each month
$1,720
Loan $1,350Tax $290Insurance $80

A two-bedroom rents for about $1,120 a month here, $600 less than owning.

Where your budget reaches nearby

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, the Michigan typical property tax (1.25% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

Renting

A two-bedroom rents for about $1,120

Fair Market Rent a month, utilities included

Studio$780
1 bedroom$950
2 bedrooms$1,120
3 bedrooms$1,340
4 bedrooms$1,630
6%
of households rent · MI 27%
7
renter households

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

Next door

Big Bay vs. its neighbors

The towns that share a border with Big Bay. Tap one to see its housing page.

Compare more
TownTypical value1-yr change2-bed rentMedian income
Big Bay$273K*—$1,120$51,953
Powell$164K*—$1,140$48,804

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 Big Bay buyers, sellers and renters are saying.

Town Square →
Weigh in
Is Big Bay 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, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. 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.

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