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Zip 49303 (Bailey, MI) Housing


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The housing market in 49303 Bailey, MI is significantly more affordable than the national average. The median value of houses in this city is only $232,900, compared to the US median value of $338,100. Over the last year, house appreciation has increased by 12.54%, which is even higher than the national average of 8.27%. This indicates a healthy and growing housing market that could make it an attractive option for potential homeowners or investors looking for a great deal.

The median home cost in Bailey (zip 49303) is $232,900. Home appreciation the last 10 years has been 120.9%. Home Appreciation in Bailey (zip 49303) is up 16.2%.

Average Age of Homes
- The median age of Bailey (zip 49303) real estate is 37 years old
The Rental Market in Bailey (zip 49303)
- Renters make up 14.5% of the Bailey (zip 49303) population
- 0.0% of houses and apartments in Bailey (zip 49303), 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.

Median Monthly Rent by Number of Bedrooms

   Housing by Year Built

  HousingBailey, MichiganUnited States
  325.0139,647,020.0
  4242
  $232,900$338,100
  16.2%16.6%
  62.1%57.0%
  120.9%101.1%
  $14.92$10.98
  $1,818$2,690
  84.0%57.4%
  0.0%11.2%
  16.0%31.4%
  Vacant Housing
  0.0%1.9%
  0.0%0.4%
  0.0%0.7%
  0.0%0.4%
  0.0%3.6%
  0.0%4.1%
  Value of Owner-Occupied Housing
  6.6%2.6%
  2.9%2.4%
  6.2%2.8%
  7.0%3.9%
  7.7%4.5%
  17.9%11.3%
  25.3%13.0%
  17.6%20.1%
  3.3%13.6%
  5.5%8.3%
  0.0%9.7%
  0.0%3.9%
  0.0%2.2%
  0.0%0.8%
  0.0%1.1%
  Housing Units by Year Structure Built
  0.0%0.2%
  15.4%13.6%
  15.4%13.6%
  25.5%13.6%
  1.2%13.2%
  13.5%14.8%
  25.5%13.6%
  9.8%10.0%
  2.8%4.7%
  17.2%12.2%
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