Bailey, CO—80421
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Bailey, CO
As of Oct '25, the median home price in Bailey, CO is $543,000, with a year-over-year change of 0.1%. This indicates that home prices in Bailey, CO are flat. According to Zillow, the 1-year price projection is -1.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $543,000 | 0.1% |
| Single Family | $546,000 | -0.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $298,000 | -0.3% |
2 Bed | $422,000 | -0.9% |
3 Bed | $585,000 | -0.3% |
4 Bed | $671,000 | 0.0% |
| 5 Bed | $762,000 | 1.1% |
% of Housing Stock
Rental Trends — Bailey, CO
As of July '25, Rentcast reports the average rent in Bailey, CO is $3,260, with a year-over-year rent change of 12.0%. Per bedroom, the median rent as of July '25 in Bailey, CO is 2-bedrooms: $2,700, 3-bedrooms: $3,540. The most common rental property sizes in Bailey, CO are 3-bedroom and 2-bedroom, accounting for 40.3% and 40.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,500 | $3,260 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $2,700 | $2,700 |
| 3 Bed Rent | $3,500 | $3,540 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Bailey, CO
As of Oct '25, Realtor.com reports that the median days on market for a home in Bailey, CO is 76. This is a increase of 7.0% 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 31.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $585,000 | -11.0% |
Listing Count | 115 | 34.0% |
| Listings as % of Homes | 0.7% | 34.0% |
Days on Market | 76 | 7.0% |
Demographics — Bailey, CO
As of the latest ACS Survey released in 2023, Bailey, CO has a population of 8,600, which has decreased by -8.2% over the past 5 years. Bailey, CO is a moderately popular place for families, as children make up 16.5% of the population. The area has a moderately educated workforce, with 40.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 17.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 8,600 | -8.2% |
% Under 18 | 16.5% | -10.8% |
% Seniors | 18.8% | 3.9% |
% WFH | 17.9% | 86.5% |
% w/ College Degree | 40.9% | 30.3% |
As of the latest ACS Survey released in 2023, Bailey, CO is a predominantly white area, with 85.3% of the population identifying as white. The white population has shrunk by 1.3% in the last 5 years. The second most common race or ethnicity in Bailey, CO is hispanic, making up 9.5% of the population. Foreign-born residents account for 0.9% of the population in Bailey, CO, and this percentage has decreased by 71.9% 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 | 85.3% | -1.3% |
% Black | 1.0% | 233.3% |
% Hispanic | 9.5% | 48.4% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 0.9% | -71.9% |
Mortgage and Risk — Bailey, CO
According to HUD data as of 2023, there were 327 mortgage originations in Bailey, CO, of which 80.0% of loans were conventional mortgages. The average loan-to-value was 54.0%, with 23.0% above 90% LTV (very high). This implies large mortgage risk in Bailey, CO. Investor activity is low, as 1.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 327 |
% Conventional Loans | 80.0% |
% Government Loans | 20.0% |
% Investor Loans | 1.0% |
% Second Loans | 6.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Bailey, CO
Bailey, CO lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 3 |
Total Units Section 8 | 3 |
% Rentals under Section 8 | 0.8% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,720 |
| 2 Bedroom | -$640 | $2,700 | $2,060 |
| 3 Bedroom | -$810 | $3,500 | $2,690 |
| 4 Bedroom | N/A | N/A | $3,010 |
Affordability — Bailey, CO
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5 |
| Median Home Price | $543,000 |
| Median Household Income | $106,000 |