Home prices
The median home in Bay City is valued at $125,400. This is approximately $29,860 (19%) lower compared to other places in this area.In comparison to the nation as a whole it is roughly $92,100 (42%) lower, and is roughly $126,200 (50%) lower compared to the city of Minneapolis.
Rents
In Bay City the median monthly rent is $729. It is approximately $47 (6%) lower compared to nearby areas.It is about $333 (31%) lower compared to the rest of the country, and in comparison to the city of Minneapolis it is approximately $298 (29%) lower.
Nearby places
Hager City
Hager City is about 3 miles west of Bay City. The real estate prices there are a bit more expensive. The median home in Hager City is valued at $161,300, which is $35,900 (22%) higher than Bay City. Rent there is fairly similar. Hager City's median rent is $738 a month, which is $9 (1%) higher than Bay City.
Red Wing
Red Wing is roughly 6 miles west from Bay City. Its housing prices are a little more expensive. Red Wing's median home value is $174,000, which is $48,600 (27%) higher than Bay City. Its rents are a little more expensive. The median monthly rent in Red Wing is $899, which comes out to $170 (18%) higher than Bay City.
Ellsworth
Ellsworth is about 9 miles north from Bay City. Its housing prices are a bit more expensive. Ellsworth's median home price is $157,400, which comes out to $32,000 (20%) higher than Bay City. Its rents are similar. In Ellsworth the median monthly rent is $748, which comes out to $19 (2%) higher than Bay City.
Plum City
Plum City is approximately 11 miles east from Bay City. Its real estate prices are a bit less expensive. Plum City's median home cost is $114,000, which works out to $11,400 (10%) lower than Bay City. Rents there are somewhat less expensive. Plum City's median rent is $652 a month, which works out to $77 (11%) lower than Bay City.
Lake City
Lake City is roughly 11 miles southeast from Bay City. Real estate prices there are a bit more expensive. The median home in Lake City costs $169,600, which works out to $44,200 (26%) higher than Bay City. The rent there is a bit more expensive. The median monthly rent in Lake City is $845, which is $116 (13%) higher than Bay City.
