ZIP Code 48706 Housing Market
ZIP code 48706 is located in Bay County, Michigan. Based on the FHFA House Price Index, the most recent annual HPI value is 180.7 (2000 = 100) , with a year-over-year change of +7.15% as of 2025.
📈 48706 HPI Trend
FHFA House Price Index for Five-Digit ZIP Codes (2000 = 100)
About This ZIP Code
ZIP code 48706 is one of the most active real estate sub-markets in Bay County, Michigan. The FHFA House Price Index tracks cumulative price appreciation since 2000, providing a consistent measure of long-term value change in this specific ZIP area.
For full county-level context, see the Bay County Housing Market page, which includes ACS median home values, rent, owner-occupancy, employment, migration, and other economic indicators.
Other Active ZIPs in Bay County
| ZIP Code | HPI | YoY | Latest Year |
|---|---|---|---|
| 48652 | 186.9 | — | 2025 |
| 48634 | 198.6 | +11.49% | 2025 |
| 48747 | 214.0 | -2.04% | 2025 |
| 48757 | 181.0 | +10.52% | 2025 |
| 48708 | 165.2 | +2.81% | 2025 |
| 48623 | 187.1 | +8.17% | 2025 |
| 48642 | 197.0 | +5.75% | 2025 |
| 48604 | 179.7 | +5.64% | 2025 |
| 48631 | 214.0 | +8.83% | 2025 |
Data Source: FHFA House Price Index for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100). Data as of 2025. This product uses FHFA Data but is neither endorsed nor certified by FHFA.