Bay City, TX home prices
Typical home $205,819 · +0.7% in a year · income needed $61,800
The Bay City, TX metro area ranks 614 of 894 U.S. metros for home values (U.S. typical home: $366,157). Prices changed +0.7% in a year and +11.4% over five years. With 20% down at 7.11%, the typical home costs about $1,441 a month including 1.35% property tax (Matagorda County rate).
Mortgage on the typical Bay City home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $41,164 | $164,656 | $1,108 | $0 | $334 | $1,441 | $61,800 |
| 10% down | $20,582 | $185,238 | $1,246 | $77 | $334 | $1,657 | $71,000 |
| 5% down | $10,291 | $195,528 | $1,315 | $81 | $334 | $1,731 | $74,200 |
| 3.5% down (FHA) | $7,204 | $202,092 | $1,359 | $91 | $334 | $1,784 | $76,500 |
Assumes a 30-year fixed loan at 7.11%, property tax of 1.35% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
Counties in the Bay City area
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Matagorda County, TX | $205,845 | +0.7% | 1.35% |
What can you afford in Texas on your salary? · Texas home prices · Salaries in Texas
Frequently asked questions
How much is a house in Bay City?
The typical home in the Bay City, TX metro area is worth $205,819 (Zillow, September 2026).
What salary do you need to buy a house in Bay City?
About $61,800 a year for the typical home with 20% down at 7.11%.