Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Bailey area can be challenging. Home prices in Bailey are now at a median cost of $215,164, lower than the Texas average of $235,268.
The average cost of rent is $800/mo in Bailey, primarily driven by the current value of real estate in the Bailey area. While nearly 59.89% of residents own their homes outright in Bailey, 15.38% rent.
Housing affordability isn’t just about home prices, though. The average household income in Bailey is $5,713 per month. Households that rent pay about 14.01% of their income on rent here. Bailey's most expensive areas are in the southeastern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Gober, TX: higher priced homes
- Randolph, TX: less expensive homes
- Leonard, TX: less expensive homes
- Hail, TX: less expensive homes
- South Sulphur, TX: less expensive homes
- Trenton, TX: less expensive homes
- Orangeville, TX: equally priced homes
- Bonham, TX: less expensive homes
- Lane, TX: less expensive homes
- Ely, TX: less expensive homes
Cities with Similar Populations
- Floyd, IA: less expensive homes
- Springtown, PA: higher priced homes
- South Pottstown, PA: less expensive homes
- Rochester Mills, PA: less expensive homes
- Ravenden Springs, AR: less expensive homes
- Rantoul, KS: equally priced homes
- Rabun, AL: less expensive homes
- Plainville, IL: less expensive homes
- North Carrollton, MS: less expensive homes
- Daviston, AL: less expensive homes
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