Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Bailey Island area can be challenging. Home prices in Bailey Island are now at a median cost of $464,800, higher than the Maine average of $243,042.
The average cost of rent is $1,082/mo in Bailey Island, primarily driven by the current value of real estate in the Bailey Island area. While nearly 64.42% of residents own their homes outright in Bailey Island, 42.46% rent.
Housing affordability isn’t just about home prices, though. The average household income in Bailey Island is $8,968 per month. Households that rent pay about 12.06% of their income on rent here. Bailey Island's most expensive areas are in the northern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Orrs Island, ME: equally priced homes
- West Harpswell, ME: equally priced homes
- Chebeague Island, ME: equally priced homes
- Cliff Island, ME: less expensive homes
- Harpswell, ME: equally priced homes
- North Harpswell, ME: equally priced homes
- West Point, ME: less expensive homes
- South Durham, ME: less expensive homes
- Sebasco Estates, ME: less expensive homes
- Long Island, ME: less expensive homes
Cities with Similar Populations
- Avoca, TX: less expensive homes
- Rockland, KY: less expensive homes
- Graham, MO: less expensive homes
- Thomas, LA: less expensive homes
- Edwardsville, DE: less expensive homes
- La Jose, PA: less expensive homes
- Tatum, SC: less expensive homes
- Eckville, PA: less expensive homes
- Lake Marcel-Stillwater, WA: higher priced homes
- Ebenezer, MS: less expensive homes
All Local Stats
Home Services
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren't able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood