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Area data

Bay view, MI — ZIP 49770

Population: 18,221 (Census ACS)

The median home value in ZIP 49770 (Bay view, MI) is $478,576 — up 6.9% over the past year. Typical rent runs $1,800/month. 8 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Very Low, with coldwave the top-rated hazards. Cost of living is 8.0% below the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$478,576

Median home value

+6.9%

1-year change

Very Low

Hazard risk (county)

Home values & appreciation

Median home value
$478,576
1-year appreciation
+6.9%
3-year appreciation
+4.4%
5-year appreciation
+16.6%
10-year appreciation
+79.9%
All-time peak (2026-04)
$489,702
House Price Index (state)
387.5 (+5.5% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

For-sale inventory
170
New listings (monthly)
46

Source: recent area sales and market data (ZIP-level)

Rents

Typical rent
$1,800/mo

Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)

Affordability

Cost of living index (Below Average)
92.0 (100 = US avg)
Electricity rate (state-level)
20.0¢/kWh
Natural gas rate (state-level)
$10.90/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Schools

Total schools
8
Elementary schools
5
Middle schools
1
High schools
1
Charter schools
1
School districts serving the area
Concord Academy - Petoskey, Public Schools of Petoskey
Schools include
Concord Academy Petoskey, Petoskey Montessori Elem School, Lincoln School, Ottawa Elementary School, Petoskey High School

Source: NCES school directory, 2022-23 (school-address-based)

Natural hazards & flood risk

Overall hazard risk (county)
Very Low
Top hazards (county)
coldWave
Notable hazard ratings (county)
coldWave: Relatively Moderate · inlandFlooding: Relatively Low · landslide: Relatively Low · lightning: Relatively Low · tornado: Relatively Low
Wildfire risk to homes (county)
Higher than 11% of US counties
Buildings in wildfire direct-exposure zone
71.7%
Radon potential (county)
Moderate radon potential — EPA Zone 2 of 3
EPA Superfund (NPL) sites within 5 mi
1
Nearest Superfund site
Petoskey Municipal Well Field (3 mi)
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA flood data (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Average annual temperature
44.5°F
Average high
55.5°F
Average low
34.5°F
Annual precipitation
36.0 in
USDA plant hardiness zone
5b (extreme annual low -15 to -10°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Amenities

Airports within 30 mi
13
Nearest airport
Harbor Springs Airport (3 mi)
Nearest major airport
Pellston Regional Airport of Emmet County Airport (PLN) (14 mi)
Hospitals nearby (~15 mi)
1
Hospitals include
MCLAREN NORTHERN MICHIGAN
Avg hospital rating (CMS)
4.0 / 5
Best hospital rating nearby (CMS)
4.0 / 5
Solar radiation rating
Fair (3.6 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data · DOE/NREL (proximity-based)

Migration

Net migration (county)
+5 tax filers

Source: IRS county-to-county migration data (county-level, ~12-month lag)

Housing stock

Median year housing built
1,984
Housing built before 1970
32.5%
Housing built 2000 or later
22.6%
Median annual property tax
$3,048
Mean commute to work
17 min
Households with broadband internet
80.4%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
15,352
Average weekly wage
$1,035
Top industries (by employment)
Health Care, Accommodation & Food, Construction
Annual residential building permits (county)
159

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

ZIP 49770State medianUS median
Median home value$478,576$246,351$289,727
Typical rent$1,800/mo$1,494/mo$1,808/mo
Median annual property tax$3,048$2,175$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the median home value in ZIP 49770?
$478,576.
What is typical rent in ZIP 49770?
Typical rent: $1,800/month.
What is the natural-hazard risk in ZIP 49770?
Overall risk: Very Low (FEMA NRI, county-level). Top hazards: coldWave.
What is the wildfire risk in ZIP 49770?
Risk to homes is higher than 11% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in ZIP 49770?
Moderate radon potential — EPA Zone 2 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near ZIP 49770?
1 current or proposed National Priorities List site within 5 miles (EPA). Nearest site: Petoskey Municipal Well Field, 3 mi.
How many schools serve ZIP 49770?
8 schools (5 elementary, 1 middle, 1 high) (NCES, 2022-23).
What is the cost of living in ZIP 49770?
Regional Price Parity: 92.0 (100 = US average) (Below Average) (BEA RPP, metro/state-level).

Nearby ZIP codes

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Data last updated

Most recent source refresh: Sep 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents