$2,078 Closing Credit*
$175,000
1,885 SqFt
6 Beds
•2 Full Baths
Daniel R Wilde, Listing Office: Ridge Realty Inc
Housing Prices in Bailey, MI
How much do homes in Bailey, MI cost?
Median List Price
$307,400
$190/sqft
Based on all homes listed in the last 12 months.
Difference Since September 2023
+$74,950(+32.2%)
Key Takeaway
The list price of homes in Bailey has increased by 32.2% since last year.
Summary: The median home list price in Bailey was $307,400 in September 2024, up 32.2% from the previous year, and the median price per square foot was $190.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $79.9K | $277.9K | +247.8% |
| 3 Bedrooms | $189.5K | $264.9K | +39.8% |
| 4 Bedrooms | $334.9K | $357.4K | +6.7% |
| 5+ Bedrooms | $287.4K | $349.9K | +21.7% |
Summary: Bailey housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 247.8%, 3 bedroom homes increased by 39.8%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes increased by 21.7%.
Median List Price Compared To Nearby Cities
| Moorland Township | $205K | $293.5K | +43.2% |
| Bailey | $232.4K | $307.4K | +32.2% |
| Ashland Township | $214.7K | $279.9K | +30.3% |
| Casnovia Township | $225K | $279.9K | +24.4% |
| Casnovia | $222.9K | $271.2K | +21.7% |
Housing Supply in Bailey, MI
How many homes are available in Bailey, MI?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -50.0% |
Summary: The Bailey real estate market had 1 homes for sale in September 2024, a 50.0% decrease compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 1 | 0 | -100.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Bailey housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Days on Market for Bailey, MI
How long does it take to sell a home in Bailey, MI?
Average Listing Age
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 90 Days | 113 Days | +25.1% |
Summary: Homes in Bailey had an average listing age of 113 days in Sep 2024, up by 25.1% compared to the previous year.
