The housing in Bailey, MS is quite affordable, with the median value sitting at $196,300. This is significantly lower than the US median value of $338,100 and provides a great opportunity for those looking for a new home. Despite this lower median value, the 1 year appreciation rate of 12.50% in Bailey is higher than the national rate of 8.27%, which indicates a strong trend in housing prices over the past year.
The median home cost in Bailey (zip 39320) is $196,300. Home appreciation the last 10 years has been 51.9%. Home Appreciation in Bailey (zip 39320) is up 14.5%.
Average Age of Homes
- The median age of Bailey (zip 39320) real estate is 33 years old
The Rental Market in Bailey (zip 39320)
- Renters make up 12.1% of the Bailey (zip 39320) population
- 0.0% of houses and apartments in Bailey (zip 39320), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.