$4,691 Closing Credit*
$395,000
1,572 SqFt
2 Beds
•1 Full Bath
Jon Zickert, Listing Office: REO-TCBeulah-Frankfort-233027
Housing Prices in Bailey, MI
How much do homes in Bailey, MI cost?
Median List Price
$249,900
$169/sqft
Based on all homes listed in the last 12 months.
Difference Since December 2023
-$30,000(-10.7%)
Key Takeaway
The list price of homes in Bailey has decreased by 10.7% since last year.
Summary: The median home list price in Bailey was $249,900 in December 2024, down 10.7% from the previous year, and the median price per square foot was $169.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $189K | N/A |
| 2 Bedrooms | - | $317.5K | N/A |
| 3 Bedrooms | $214.4K | $264.9K | +23.5% |
| 4 Bedrooms | $334.9K | $334.9K | 0.0% |
| 5+ Bedrooms | $287.4K | $175K | -39.1% |
Summary: Bailey housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 23.5%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 39.1%.
Median List Price Compared To Nearby Cities
| Ashland Township | $220K | $239.9K | +9.0% |
| Casnovia Township | $238K | $257.5K | +8.2% |
| Bailey | $279.9K | $249.9K | -10.7% |
Housing Supply in Bailey, MI
How many homes are available in Bailey, MI?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Summary: The Bailey real estate market had 3 homes for sale in December 2024, a 50.0% increase compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 0 | 2 | +100.0% |
| 3 Bedrooms | 1 | 0 | -100.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Bailey housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.
Days on Market for Bailey, MI
How long does it take to sell a home in Bailey, MI?
Average Listing Age
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 65 Days | 18 Days | -71.3% |
Summary: Homes in Bailey had an average listing age of 18 days in Dec 2024, down by 71.3% compared to the previous year.
