Is Bailey, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2022
At the same time last year, Bailey was a Seller's Market.
Key Takeaway
Bailey is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
How much do homes in Bailey, NC cost?
Median Sold Price
$303,150
$181/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2022
+$138,150(+83.7%)
Key Takeaway
Homes in Bailey have sold for 83.7% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | Apr 2022 | Apr 2023 | % |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $70K | $132.5K | +89.3% |
| 3 Bedrooms | $207.5K | $301.2K | +45.2% |
| 4 Bedrooms | - | $384.1K | N/A |
| 5+ Bedrooms | $90K | $630K | +600.0% |
Median Sold Price Compared To Nearby Cities
| Bailey | $165K | $303.1K | +83.7% |
| Bailey Township | $239.4K | $303.9K | +26.9% |
How many homes are available in Bailey, NC?
Number of Homes For Sale
| Mar 2023 | Apr 2023 | % |
|---|---|---|
| 21 | 25 | +19.0% |
Homes For Sale By Bedroom Count
| # BEDS | Mar 2023 | Apr 2023 | % |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 13 | 19 | +46.2% |
| 4 Bedrooms | 5 | 4 | -20.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Number of Homes Sold
| Mar 2023 | Apr 2023 | % |
|---|---|---|
| 4 | 3 | -25.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Bailey, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Bailey are selling fast, if you're buying plan to act quickly.
Copyright © 2023 Triangle MLS, Inc. of North Carolina. All rights reserved.