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Sarah Mitchell

CNESRESABR

Compass Real Estate · Bailey, NC

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Bailey, NC(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Bailey, NC Housing Market & Real Estate

Balanced market-46.9% YoY

Housing market overview · Updated monthly ·

$110,000median sale price

How is the Bailey, NC housing market right now?

The median home sale price in Bailey, NC is $110,000, down 46.9% year-over-year. Homes sell in an average of 82 days with 1 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Bailey a buyer's or seller's market?

Balanced market1.0 months of supply82 avg. days on market

Bailey, NC is currently a balanced market, based on 1.0 months of supply and homes selling in about 82 days. How we determine this →

Homes sold

1

Last 12 weeks

Days on market

82

Average pace

Active listings

1

1.0 months supply

Sale-to-list

73.4%

Below asking

What does the Bailey housing market data show?

Current housing market statistics for Bailey, NC
MetricValue
Median sale price$110,000
Median list price$199,500
Year-over-year price change-46.9%
Average days on market82 days
Active inventory1 listings
Months of supply1.0 months
Sale-to-list price ratio73.4%
Median price per sq ft$118/sq ft
Homes sold (latest month)1
New listings (latest month)1
Market conditionBalanced market

Source: Redfin · Updated monthly

How much do homes cost in Bailey by property type?

How the Bailey, NC market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Bailey, NC
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$110,000$118/sq ft182 days

Source: Redfin · Updated monthly

The Bailey housing market is currently classified as a balanced market with a median sale price of $110,000. Prices have fallen 46.9% compared to last year, with homes spending an average of 82 days on market, indicating 1.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 5.8x provides context for how home values compare to local earning capacity.

Homes for sale in Bailey

There are currently 1 homes listed for sale in Bailey, North Carolina. The median listing price is $200K.

Active listings

1

Homes on market

Median list price

$200K

Avg. days on market

82

Days until sale

New this week

1

Newly listed

Sale-to-list:73.4%

Who lives in Bailey?

Population

504

Median income

$48,929/yr

Median age

44.5 years

Owner-occupied

54.8%

College grads

12.4%

Avg commute

27.6 min

Source: U.S. Census Bureau ACS

What are homes worth in Bailey?

Zillow home value

$284,835

Price-to-income

5.8x

Source: Zillow Research

What is it like to live in Bailey?

Bailey is a community of approximately 1K residents with a median age of 44.5 years.The median household income is $48,929, which represents a working-class community with solid middle-income opportunities. 12.4% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.

Homeownership rates are at 54.8%, showing a blend of owner and renter-occupied properties. The average commute time is 27.6 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Bailey offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Bailey?

2 schools tracked · 1,642 students

The largest public schools serving Bailey, NC by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Southern Nash High

Grades 9-12 · 1,073 students

Public

Bailey Elementary

Grades PK-5 · 569 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Bailey, NC?

Want a head-to-head view? Compare Bailey side-by-side with any other U.S. city using our market-comparison tool.

Frequently asked questions

What is the average home price in Bailey?

The median home sale price in Bailey is $110,000, down 46.9% from last year.

How long do homes stay on market in Bailey?

Homes typically spend 82 days on market before going under contract.

What is the median income in Bailey?

The median household income is $48,929 per year.

Is Bailey a buyer's or seller's market?

With 1.0 months of supply, Bailey is currently a balanced market.

What is the Zillow home value estimate for Bailey?

The Zillow Home Value Index (ZHVI) for Bailey is $284,835, representing the typical home value in the area.

How much does a single-family home cost in Bailey?

The median single-family home price in Bailey, NC is $110,000 (about $118 per square foot).

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