The housing market in Bailey, NC is a desirable one with a median value of $210,000, significantly lower than the US House Median Value of $338,100. Furthermore, the 1 year House Appreciation in Bailey has been 16.05%, far higher than the national average of 8.27%. This indicates that Bailey is a hot market for real estate and homeowners can expect to see their investments appreciate over time.
The median home cost in Bailey is $210,000. Home appreciation the last 10 years has been 64.4%. Home Appreciation in Bailey is up 19.4%.
Average Age of Homes
- The median age of Bailey real estate is 61 years old
The Rental Market in Bailey
- Renters make up 23.2% of the Bailey population
- 5.8% of houses and apartments in Bailey, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.