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MI area data

Gay, MI

Gay, MI.

Population: 2,729 (Census ACS)

The median home value in Gay, MI is $209,921 — up 9.6% over the past year. Homes sell for a median $197,500 after a median 172.5 days on market. 1 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Very Low, with winterweather, 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

$209,921

Median home value

+9.6%

1-year change

172.5

Median days on market

Very Low

Hazard risk (county)

Home values & appreciation

Median home value
$209,921
1-year appreciation
+9.6%
3-year appreciation
+19.8%
5-year appreciation
+31.3%
10-year appreciation
+73.5%
All-time peak (2026-07)
$209,921
House Price Index (state)
387.5 (+5.5% YoY)

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

Market activity

Median sale price
$197,500
Median list price
$202,450
Median price per sqft
$123
1-year sale-price change
+64.6%
Median days on market
172.5 days
Homes sold (recent period)
8
For-sale inventory
12
Sale-to-list ratio
94.3%
Active listings
8
1-year forecast
+1.9%

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

Rents

Studio fair-market rent
$823/mo
1BR fair-market rent
$1,029/mo
2BR fair-market rent
$1,261/mo
3BR fair-market rent
$1,639/mo
4BR fair-market rent
$1,891/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
1
Elementary schools
0
Middle schools
0
High schools
0
Schools include
Lake LindenHubbell Schools

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

Natural hazards & flood risk

Overall hazard risk (county)
Very Low
Top hazards (county)
winterWeather, coldWave
Notable hazard ratings (county)
coldWave: Relatively Moderate · hail: Relatively Low · inlandFlooding: Relatively Low · lightning: Relatively Low · strongWind: Relatively Low · winterWeather: Relatively High
FEMA flood zone
X
Flood risk level
Minimal
Wildfire risk to homes (county)
Higher than 35% of US counties
Buildings in wildfire direct-exposure zone
57.4%
Radon potential (county)
Moderate radon potential — EPA Zone 2 of 3
EPA Superfund (NPL) sites within 5 mi
1
Nearest Superfund site
Torch Lake (4 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
44.0°F
Average high
51.0°F
Average low
37.0°F
Annual precipitation
32.3 in
Annual snowfall
72.3 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)

Walkability & transit

Walkability index
4.3 / 20
Transit service frequency
-99,999
Jobs reachable by car (30 min)
562
Jobs reachable by transit (45 min)
968

Source: EPA Smart Location Database (metropolitan block groups)

Amenities

National parks within ~60 mi
1
Nearest national park
Keweenaw National Historical Park (10 mi)
Airports within 30 mi
3
Nearest airport
Houghton County Memorial Airport (CMX) (8 mi)
Nearest major airport
Houghton County Memorial Airport (CMX) (8 mi)
Hospitals nearby (~15 mi)
2
Hospitals include
UP HEALTH SYSTEM PORTAGE, ASPIRUS KEWEENAW HOSPITAL AND CLINICS
Solar radiation rating
Fair (3.7 kWh/m²/day)

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

Migration

Net migration (county)
-179 tax filers

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

Housing stock

Median year housing built
1,966
Housing built before 1970
52.1%
Housing built 2000 or later
15.0%
Median annual property tax
$1,879
Mean commute to work
20 min
Households with broadband internet
64.8%

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

Employment & development

Total county employment
8,778
Average weekly wage
$882
Top industries (by employment)
Health Care, Accommodation & Food, Construction
Annual residential building permits (county)
103

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

How it compares

GayState medianUS median
Median home value$209,921$246,351$289,727
Median sale price$197,500$265,000$325,000
Median days on market173 days36 days51 days
Median annual property tax$1,879$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 Gay, MI?
$209,921.
What is the median sale price in Gay, MI?
$197,500.
How long do homes take to sell in Gay, MI?
Median days on market: 172.5 days.
What is typical rent in Gay, MI?
2-bedroom fair-market rent: $1,261/month (HUD FMR — a 40th-percentile regulatory reference, not market-observed).
What is the natural-hazard risk in Gay, MI?
Overall risk: Very Low (FEMA NRI, county-level). Top hazards: winterWeather, coldWave.
Is Gay, MI in a flood zone?
Minimal (FEMA NFIP). FEMA flood zone X.
What is the wildfire risk in Gay, MI?
Risk to homes is higher than 35% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in Gay, MI?
Moderate radon potential — EPA Zone 2 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near Gay, MI?
1 current or proposed National Priorities List site within 5 miles (EPA). Nearest site: Torch Lake, 4 mi.
How many schools serve Gay, MI?
1 schools (NCES, 2022-23).
Is Gay, MI walkable?
Walkability index: 4.3/20 (EPA Smart Location Database).
What is the cost of living in Gay, MI?
Regional Price Parity: 92.0 (100 = US average) (Below Average) (BEA RPP, metro/state-level).

ZIP code for Gay

Selling a home in Gay, MI?

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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