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
Conforming Loan Available
Most homebuyers in 48642 can comfortably use conventional financing. The median home price of $222,100 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Market Insights
Market Temperature
48642's market is balanced with homes taking an average of 48 days to sell. Buyers have some negotiating room without the pressure of bidding wars.
Conforming Loan Feasibility
Most homebuyers in 48642 can comfortably use conventional financing. The median home price of $222,100 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
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 today's rate of 6.75%, the estimated monthly payment is approximately $1,852.
Monthly Payment
$1,852
Income Required
$79,357
Principal & Interest
$1,369/mo
Down Payment (5%)
$11,105
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 48642.
Estimated Monthly Payment
$1,525
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