Bailey, NC Home Values & Market Trends
Real estate market trends reflect that there have been 85 transactions over the past year in Bailey. The median value for residential home transactions that occurred over the previous year is $326,737. The number of current listings in Bailey is 122, and the percentage of properties for sale in the city is 122.00%. Bailey, NC currently has 11 properties in foreclosure, 3 bank owned properties, 3 properties headed for auction, and 122 properties for sale.
Bailey, NC Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 27807 | $ 326,737 $ 187/sqft |
Housing Market Summary for Bailey, NC
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $307.4K | $334.9K | 8.96% |
| Median Sold Price | $252K | $167.8K | -33.40% |
| Homes For Sale | 57 | 117 | 105.26% |
| Homes Sold | 25 | 18 | -28.00% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Bailey, NC
Browse Homes in Bailey, NC
Bailey home values range from $82,973 to $850,695. The median estimated value of a home in Bailey is $326,737. The median list price of a home is 335,000, and the total count of properties in the city is 165.
- Pre-ForeclosurePre-foreclosure homes account for 3.03% of all residential properties in Bailey, NC with 27807 containing 5 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Bailey, NC; of that zips, the estimated home value for pre-foreclosure homes ranges from $706,673 in 27807 to the lowest home value of $263,529 in 27807.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Bailey, NC ranges from the highest value of $391,998 in 27807 to the lowest value of $155,011 in 27807. Bank owned homes and properties account for 1.82% of properties in Bailey, NC. There is 1 zips within Bailey, NC; 27807 containing 3 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions27807 has 3 auction properties, the highest number of properties going to auction in a single zip in the state of Bailey, NC. Auction homes and other auction properties account for 1.82% of all properties in Bailey, NC. There is 1 zips within Bailey, NC; of that zips, the median estimated home value for homes going to auction ranges from $325,509 in 27807 to the lowest value of $287,208 in 27807.
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Guide for Bailey, NC
North Carolina Foreclosure Laws
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.