Bailey, NC 27807 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Bailey, NC—27807

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$266,000

0.9% YoY Growth

Household Income

$67,600

48.7% YoY Growth

Days on Market

15.0% Longer YoY

Home Price Forecast

2.3%

Median Rent

$650

35.8% YoY Growth

1-Bed Rent

$650

N/A

2-Bed Rent

N/A

3-Bed Rent

$2,100

N/A

Home Price Trends — Bailey, NC

As of Dec '25, the median home price in Bailey, NC is $266,000, with a year-over-year change of -0.9%. This indicates that home prices in Bailey, NC are flat. According to Zillow, the 1-year price projection is 2.3%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$266,000	-0.9%
Single Family	$265,000	-0.7%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Bailey, NC

As of July '25, Rentcast reports the average rent in Bailey, NC is $1,380, with a year-over-year rent change of -35.8%. Per bedroom, the median rent as of July '25 in Bailey, NC is 1-bedrooms: $650, 3-bedrooms: $2,100. The most common rental property sizes in Bailey, NC are 3-bedroom and 2-bedroom, accounting for 56.2% and 31.9% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$650	$1,380
Studio Rent	N/A	N/A
1 Bed Rent	$650	$650
2 Bed Rent	N/A	N/A
3 Bed Rent	$2,100	$2,100
4 Bed Rent	N/A	N/A

Loading chart...

% of Rental Stock

1 Bedroom

6.0%

2 Bedrooms

31.9%

3 Bedrooms

56.2%

4 Bedrooms

3.3%

5+ Bedrooms

2.5%

Property Listings — Bailey, NC

As of Dec '25, Realtor.com reports that the median days on market for a home in Bailey, NC is 84. This is a increase of 27.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 24.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$358,000	9.0%
Listing Count	74	79.0%
Listings as % of Homes	0.9%	79.0%
Days on Market	83	15.0%

Loading chart...

Demographics — Bailey, NC

As of the latest ACS Survey released in 2023, Bailey, NC has a population of 5,950, which has decreased by -7.2% over the past 5 years. Bailey, NC is a moderately popular place for families, as children make up 23.7% of the population. The area has a poorly educated workforce, with 19.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.6% reporting working from home.

Metric	Latest Census	YoY % Change
Population	5,950	-7.2%
% Under 18	23.7%	-10.9%
% Seniors	16.7%	27.5%
% WFH	3.6%	100.0%
% w/ College Degree	19.1%	76.9%

Loading chart...

As of the latest ACS Survey released in 2023, Bailey, NC is a predominantly white area, with 55.9% of the population identifying as white. The white population has grown by 9.6% in the last 5 years. The second most common race or ethnicity in Bailey, NC is hispanic, making up 25.3% of the population. Foreign-born residents account for 8.6% of the population in Bailey, NC, and this percentage has decreased by 17.3% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	55.9%	9.6%
% Black	15.0%	5.6%
% Hispanic	25.3%	-20.4%
% Asian	0.6%	-25.0%
% Foreign Born	8.6%	-17.3%

Loading chart...

Mortgage and Risk — Bailey, NC

According to HUD data as of 2023, there were 273 mortgage originations in Bailey, NC, of which 63.0% of loans were conventional mortgages. The average loan-to-value was 73.0%, with 48.0% above 90% LTV (very high). This implies large mortgage risk in Bailey, NC. Investor activity is low, as 0.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	273
% Conventional Loans	63.0%
% Government Loans	37.0%
% Investor Loans	0.0%
% Second Loans	0.0%
% Cash Out Refinance	5.0%

Loading chart...

Rentals and Section 8 — Bailey, NC

Bailey, NC lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	2
Total Units Section 8	2
% Rentals under Section 8	0.7%
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$160	$650	$810
2 Bedroom	N/A	N/A	$1,010
3 Bedroom	-$720	$2,100	$1,380
4 Bedroom	N/A	N/A	$1,600

Bailey, NC—27807

Key Metrics at a Glance

Home Price Trends — Bailey, NC

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Bailey, NC

% of Rental Stock

Property Listings — Bailey, NC

Demographics — Bailey, NC

Race and Ethnicity

Mortgage and Risk — Bailey, NC

Mortgages

Rentals and Section 8 — Bailey, NC

Section 8 Market Size

Section 8 Opportunity

Affordability — Bailey, NC

Home Price to Income Ratio

Bailey, NC — ZIP Code Boundary Map

Nearby ZIP Codes

Sims, NC

Middlesex, NC

Wilson, NC

Spring Hope, NC

Lucama, NC

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.6
Median Home Price	$266,000
Median Household Income	$67,600

Bailey, NC—27807

Key Metrics at a Glance

Home Price Trends — Bailey, NC

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Bailey, NC

% of Rental Stock

Property Listings — Bailey, NC

Demographics — Bailey, NC

Race and Ethnicity

Mortgage and Risk — Bailey, NC

Mortgages

Rentals and Section 8 — Bailey, NC

Section 8 Market Size

Section 8 Opportunity

Affordability — Bailey, NC

Home Price to Income Ratio

Bailey, NC — ZIP Code Boundary Map

Nearby ZIP Codes

Sims, NC

Middlesex, NC

Wilson, NC

Spring Hope, NC

Lucama, NC

Frequently Asked Questions

What is the average home price in Bailey, NC 27807?

How have home prices in Bailey, NC 27807 changed over the past year?

What is the home price projection for Bailey, NC 27807?

What are the demographics of Bailey, NC 27807?

How long does it take homes to sell in Bailey, NC 27807?

What is the average rent price in Bailey, NC 27807?