Is Bay City, WI 54723 a buyer’s or seller’s market?
Bay City is a seller’s market. With about 0.8 months of supply and 75% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Bay City housing market right now
In the three months ending August 31, 2026, 75% of homes in Bay City, WI 54723 sold above their list price, the typical home went under contract in 11 days and there were 0.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 4 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking rose from 50%, homes sold faster (37 days then) and the median sale price rose 45% to $352,348. Overall, Bay City is more competitive than a year ago, so tougher for buyers.
Within Pierce County, homes here sell faster than in any other ZIP code in the county, and sell more often over asking than in 89%.
Nearby, buyers who want less competition could look at Elmwood 54740 (20% sold over asking) or Prescott 54021 (21% sold over asking), while Beldenville 54003 (100% sold over asking) is even more competitive.
Run the numbers for 54723
Nearby markets
Beldenville 54003Buyer’s market $175 /sq ftEllsworth 54011Balanced $229 /sq ftElmwood 54740Seller’s market $231 /sq ftHager City 54014Seller’s market $208 /sq ft Browse all markets →Where Bay City is
Loading map…
Questions about Bay City real estate
Is Bay City a buyer’s or seller’s market?
A seller’s market: there were 0.8 months of supply in Bay City, WI 54723 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Bay City?
The typical home went under contract in 11 days in the latest three months.
Do homes in Bay City sell over asking?
75% of homes sold above their original list price, and the typical sale closed at 105.0% of the list price.
What are property taxes in Bay City?
About 1.36% of a home’s value a year in Pierce County, or roughly $5,440 on a $400,000 home.
What is the median home price in Bay City?
The median sale price was $352,348 in the three months ending August 31, 2026, about $179 per square foot.
Local agents
See all agents in 54723 →No sponsored agents in 54723 yet. Are you an agent here? Put your name in front of local buyers.
More tools for 54723
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology