48642 — Bay County, Michigan Market Snapshot
Housing market data for zip code 48642 in Bay County, Michigan. Updated monthly with median prices, days on market, and more.
Limited Sales Data
Only 2 homes sold in this ZIP code during the selected period. Statistics may not be representative. See the Bay County county page for broader data.
Market Sales Data
2 sales in 2026 (year to date)
Median Sale Price
$222,100
Days to Sell
48
Homes Sold
2
Inventory
1
Within Conforming Limit Estimate
At 5% down, the estimated base loan for the $222,100 median-priced home in 48642 is $210,995. The 2026 conforming limit is $832,750. The limit applies to the loan amount, not the home price. This estimate does not determine loan eligibility, approval, rate, fees, or mortgage insurance.
Market Insights
Conforming Loan Feasibility
At 5% down, the estimated base loan for the $222,100 median-priced home in 48642 is $210,995. The 2026 conforming limit is $832,750. The limit applies to the loan amount, not the home price. This estimate does not determine loan eligibility, approval, rate, fees, or mortgage insurance.
Loan limits in 48642 are set at the county level.
2026 Loan Limits — Bay County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $832,750 | $541,287 |
| 2 Units | $1,066,250 | $693,050 |
| 3 Units | $1,288,800 | $837,700 |
| 4 Units | $1,601,750 | $1,041,125 |
Affordability Snapshot — Zip 48642
To purchase the median home at $222,100 with 5% down at the assumed 6.75% rate, the estimated monthly payment is approximately $1,940.
Monthly Payment
$1,940
Income Required
$83,125
Principal & Interest
$1,369/mo
Property Tax
$333/mo
Home Insurance
$150/mo
Estimated PMI
$88/mo
Down Payment (5%)
$11,105
Assumes a 30-year fixed loan at 6.75%, 1.8% property tax, $1,800 annual insurance, and a 28% housing-to-income planning ratio. Planning estimate only. The income figure divides the displayed monthly housing estimate by a 28% housing-to-income ratio. It is not an approval rule. The mortgage insurance estimate uses 0.5% of the loan amount per year. Actual rates, taxes, insurance, mortgage insurance, HOA or condo dues, closing costs, repairs, utilities, other debts, and approval rules can differ. Compare actual terms and your Loan Estimate.
Mortgage Calculator
Estimate your monthly payment for a home in 48642.
Estimated Monthly Payment
$1,525
Estimates only. Actual payments, taxes, insurance, mortgage insurance, rates, and loan terms can differ. This calculator is not a loan offer.
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