The housing in Bailey, TX is quite a bit lower than the median value of the United States at $338,100. However, it still has seen an impressive appreciation rate over the past year of 21.41%, which is much higher than the US average of 8.27%. This suggests that Bailey, TX may be a good place to invest in real estate for those looking for returns on their investments. Despite the lower median house value in comparison to other parts of the country, this appreciation rate indicates that there is strong potential for growth in this area.
The median home cost in Bailey is $95,900. Home appreciation the last 10 years has been 144.0%. Home Appreciation in Bailey is up 23.0%.
Average Age of Homes
- The median age of Bailey real estate is 45 years old
The Rental Market in Bailey
- Renters make up 21.1% of the Bailey population
- 0.0% 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.