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BAILEY, MI 49303

Real Estate Market Report
Buyer's Market
February 2026  ·  Source: Realtor.com

Market Analysis

Data as of February 2026. Source: Realtor.com.

The BAILEY, MI real estate market (49303) currently shows 4 active listings, with 1 pending sales. Homes are averaging 59 days on the market before going under contract.

Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 59 days on market compared to 31 days last year.

The median listing price has risen 12.9% year-over-year, from $250,000 to $282,250.

Whether you are buying or selling in BAILEY, MI, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 928  ·  Density: 24.3/mi²  ·  Median household income: $64,432

Typical home value: $178,256  ·  Homeownership: 80.5%

Market Overview

Active Listings
4
⇧ 300% vs 1 last year
Pending
1
25% pending ratio
Median Price
$282,250
⇧ 12.9% vs $250,000 last year
Average Price
$401,125
⇧ 60.5% vs $250,000 last year
Days on Market
59
⇧ 90.3% vs 31 days last year

Price Per Square Foot

Median $/sqft
$175
⇧ 8.7% vs $161/sqft last year
Median Home Size
1,576 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 4 this year vs 1 last year
  • Days on market: 59 now vs 31 last year

Median & Average Pricing

Year over Year
  • Median: $282,250 (+12.9% YoY)
  • Average: $401,125 (+60.5% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 20.6 miles — 257 listings ($77,320,403 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
49303Bailey, MI 493030.0 mi3$1,389,000$399,000$463,000
49318Casnovia, MI 493184.1 mi3$659,700$219,900$219,900
49451Ravenna, MI 494517.2 mi3$1,097,250$328,500$365,750
49345Sparta, MI 4934511.6 mi24$11,490,576$534,900$478,774
49412Fremont, MI 4941214.0 mi30$10,485,120$302,000$349,504
49457Twin Lake, MI 4945715.2 mi30$9,907,410$299,900$330,247
49415Fruitport, MI 4941515.7 mi17$6,896,662$360,000$405,686
49343Sand Lake, MI 4934316.5 mi4$2,374,320$539,000$593,580
49448Nunica, MI 4944816.9 mi7$3,270,400$449,450$467,200
49544Grand Rapids, MI 4954417.1 mi6$2,099,898$302,500$349,983
49444Muskegon, MI 4944418.5 mi112$20,987,904$137,900$187,392
49440Muskegon, MI 4944020.1 mi1$332,400$332,400$332,400
49329Howard City, MI 4932920.6 mi17$6,329,763$275,000$372,339

Frequently Asked Questions

How many homes are for sale in BAILEY, MI 49303?

As of February 2026, there are 4 active listings in BAILEY, MI (zip code 49303), compared to 1 the prior year.

What is the median home price in BAILEY, MI 49303?

The median listing price in BAILEY, MI 49303 is $282,250 as of February 2026, a 12.9% increase from $250,000 the prior year.

How long do homes stay on the market in BAILEY, MI?

Homes in BAILEY, MI 49303 spend an average of 59 days on the market before going under contract, compared to 31 days the prior year.

Is it a seller's or buyer's market in BAILEY, MI 49303?

Based on current inventory and days-on-market data as of February 2026, BAILEY, MI 49303 is currently a Buyer's Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 59 days on market compared to 31 days last year.

How much can I save on real estate commission in BAILEY, MI?

With SELL123.com's maximum 3% commission, sellers in BAILEY, MI 49303 save an estimated $5,645 compared to a typical 5% commission on the median listing price of $282,250. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.