The Bailey housing market is very competitive. The median sale price of a home in Bailey was $245K last month, up 4.2% since last year. The median sale price per square foot in Bailey is $146, up 14.5% since last year.
In March 2024, Bailey home prices were up 4.2% compared to last year, selling for a median price of $245K. On average, homes in Bailey sell after 36 days on the market compared to 73 days last year. There were 10 homes sold in March this year, down from 11 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$244,950
+4.2% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Bailey, MI
$244,950
+4.2%
United States
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How hot is the Bailey housing market?
Bailey is very competitive. Homes sell in 18 days.
0
100
73
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 9 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% below list price and go pending in around 18 days.
Hot homes
can sell for about 2% above list price and go pending in around 6 days.
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
100.8%
+3.7 pt YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Bailey, MI
100.8%
+3.7 pt
United States
Home offer insights for Bailey
Explore recent offers and recently sold homes in Bailey
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Bailey housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Bailey.
Risk Factor
Flood Factor - Moderate
12% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Bailey has a moderate risk of flooding. 137 properties in Bailey are likely to be
severely affected
by flooding over the next 30 years. This represents 12% of all properties in Bailey. Flood risk is increasing slower than the national average.
2% of properties are at risk of wildfire over the next 30 years
Fire Factor
Bailey has a minor risk of wildfire. There are 39 properties in Bailey that have some risk of being affected by wildfire over the next 30 years. This represents 2% of all properties in Bailey.