Is Big Bay, MI 49808 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Big Bay is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market

Sold above original list—Share of sales, last 3 months

Median sale-to-list—Sold price ÷ list price

Median days on market—Listing to accepted offer

Median price per sq ft—

The Big Bay housing market right now

There haven’t been enough recent sales here for a detailed summary yet.

About the area

Marquette County, MI

Population	295
Median income	$52,438
Average income	$85,265
Median home value	$275,000
Owner-occupied	92% of homes
Median year built	1966
Walkability	8.2 of 20Below average

Natural hazard riskWinter storms (moderate), hail (moderate)

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (household income; home value as estimated by owners), ZIP code tabulation area 49808; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA); walkability from the EPA National Walkability Index.

Run the numbers for 49808

Prefilled for 49808Can I win this house?Multiple-offer likelihood for a listing Prefilled for 49808Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Champion 49814Balanced $163 /sq ft Cornell 49818Seller’s market $180 /sq ft Gwinn 49841Seller’s market $180 /sq ft Ishpeming 49849Seller’s market $178 /sq ft Browse all markets →

Where Big Bay is

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Questions about Big Bay real estate

What are property taxes in Big Bay?

About 0.97% of a home’s value a year in Marquette County, or roughly $3,880 on a $400,000 home.

Local agents

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More tools for 49808

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value Marquette County property taxes Marquette County loan limits Closing costs in Michigan Hottest ZIP codes in Michigan

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology