Bath, MI—48808
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Bath, MI
As of Oct '25, the median home price in Bath, MI is $316,000, with a year-over-year change of 3.7%. This indicates that home prices in Bath, MI are increasing. According to Zillow, the 1-year price projection is 1.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $316,000 | 3.7% |
| Single Family | $305,000 | 2.7% |
| Condos | $415,000 | 3.2% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $245,000 | 2.1% |
3 Bed | $328,000 | 3.5% |
4 Bed | $406,000 | 2.5% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Bath, MI
Bath, MI lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $968 | $979 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $968 | $968 |
| 2 Bed Rent | $990 | $990 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Bath, MI
As of Oct '25, Realtor.com reports that the median days on market for a home in Bath, MI is 50. This is a decrease of -52.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 20.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $440,000 | 9.0% |
Listing Count | 20 | 34.0% |
| Listings as % of Homes | 0.2% | 34.0% |
Days on Market | 50 | -52.0% |
Demographics — Bath, MI
As of the latest ACS Survey released in 2023, Bath, MI has a population of 6,420, which has increased by 8.3% over the past 5 years. Bath, MI is a moderately popular place for families, as children make up 18.6% of the population. The area has a moderately educated workforce, with 37.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 20.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 6,420 | 8.3% |
% Under 18 | 18.6% | -16.2% |
% Seniors | 22.5% | 51.0% |
% WFH | 20.5% | 192.9% |
% w/ College Degree | 37.0% | -11.3% |
As of the latest ACS Survey released in 2023, Bath, MI is a predominantly white area, with 88.7% of the population identifying as white. The white population has shrunk by 3.9% in the last 5 years. The second most common race or ethnicity in Bath, MI is hispanic, making up 6.1% of the population. Foreign-born residents account for 3.1% of the population in Bath, MI, and this percentage has decreased by 24.4% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 88.7% | -3.9% |
% Black | 1.0% | 42.9% |
% Hispanic | 6.1% | 134.6% |
% Asian | 1.3% | 116.7% |
% Foreign Born | 3.1% | -24.4% |
Mortgage and Risk — Bath, MI
According to HUD data as of 2023, there were 92 mortgage originations in Bath, MI, of which 83.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 26.0% above 90% LTV (very high). This implies large mortgage risk in Bath, MI. Investor activity is low, as 1.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 92 |
% Conventional Loans | 83.0% |
% Government Loans | 17.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Bath, MI
Bath, MI lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 91 |
Total Units Section 8 | 61 |
% Rentals under Section 8 | 8.2% |
% Occupied Section 8 | 91.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $32 | $968 | $1,000 |
| 2 Bedroom | $260 | $990 | $1,250 |
| 3 Bedroom | N/A | N/A | $1,630 |
| 4 Bedroom | N/A | N/A | $1,660 |
Affordability — Bath, MI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.4 |
| Median Home Price | $316,000 |
| Median Household Income | $82,900 |