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MI area data

Bailey, MI

Bailey, MI.

Population: 772 (Census ACS)

The median home value in Bailey, MI is $298,397 — up 6.0% over the past year. Homes sell for a median $250,000 after a median 237 days on market. FEMA's National Risk Index rates the county's overall natural-hazard risk Relatively Low, with strongwind, icestorm, inlandflooding the top-rated hazards. Cost of living is 8.0% below the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$298,397

Median home value

+6.0%

1-year change

237

Median days on market

Relatively Low

Hazard risk (county)

Home values & appreciation

Median home value
$298,397
1-year appreciation
+6.0%
3-year appreciation
+13.6%
5-year appreciation
+26.2%
10-year appreciation
+94.7%
All-time peak (2026-07)
$298,397
House Price Index (state)
387.5 (+5.5% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

Median sale price
$250,000
Median price per sqft
$169
1-year sale-price change
-10.7%
Median days on market
237 days
Homes sold (recent period)
3
Sale-to-list ratio
100.1%
Active listings
1
1-year forecast
+2.3%

Source: recent area sales and market data (ZIP-level)

Rents

Studio fair-market rent
$823/mo
1BR fair-market rent
$1,029/mo
2BR fair-market rent
$1,261/mo
3BR fair-market rent
$1,639/mo
4BR fair-market rent
$1,891/mo

Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)

Affordability

Cost of living index (Below Average)
92.0 (100 = US avg)
Electricity rate (state-level)
20.0¢/kWh
Natural gas rate (state-level)
$10.90/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Natural hazards & flood risk

Overall hazard risk (county)
Relatively Low
Top hazards (county)
strongWind, iceStorm, inlandFlooding, lightning, tornado
Notable hazard ratings (county)
coldWave: Relatively Low · hail: Relatively Low · heatWave: Relatively Low · iceStorm: Relatively Moderate · inlandFlooding: Relatively Moderate · lightning: Relatively Moderate
FEMA flood zone
X
Flood risk level
Minimal
Wildfire risk to homes (county)
Higher than 17% of US counties
Buildings in wildfire direct-exposure zone
47.1%
Radon potential (county)
Low radon potential — EPA Zone 3 of 3
EPA Superfund (NPL) sites within 5 mi
None
Nearest Superfund site
Sparta Landfill (12.2 mi)
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA flood data (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Average annual temperature
47.0°F
Average high
59.0°F
Average low
36.0°F
Annual precipitation
40.1 in
USDA plant hardiness zone
6a (extreme annual low -10 to -5°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Air quality

Air quality rating
Good
Median AQI (annual)
41
Days with Good air quality
187
Days with Moderate air quality
44
Highest AQI recorded (year)
147

Source: EPA air quality data (nearest monitoring station, annual)

Walkability & transit

Walkability index
2.8 / 20
Transit service frequency
-99,999
Jobs reachable by car (30 min)
4,322
Jobs reachable by transit (45 min)
5,564

Source: EPA Smart Location Database (metropolitan block groups)

Amenities

Airports within 30 mi
28
Nearest airport
Tyrone Airport (4 mi)
Nearest major airport
Muskegon County Airport (MKG) (20 mi)
Hospitals nearby (~15 mi)
1
Hospitals include
TRINITY HEALTH GRAND HAVEN HOSPITAL
Solar radiation rating
Fair (3.8 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data · DOE/NREL (proximity-based)

Migration

Net migration (county)
+347 tax filers

Source: IRS county-to-county migration data (county-level, ~12-month lag)

Housing stock

Median year housing built
1,983
Housing built before 1970
36.0%
Housing built 2000 or later
16.3%
Median annual property tax
$2,324
Mean commute to work
26 min
Households with broadband internet
35.6%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
55,112
Average weekly wage
$966
Top industries (by employment)
Health Care, Accommodation & Food, Construction
Annual residential building permits (county)
277

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

BaileyState medianUS median
Median home value$298,397$246,351$289,727
Median sale price$250,000$265,000$325,000
Median days on market237 days36 days51 days
Median annual property tax$2,324$2,175$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the median home value in Bailey, MI?
$298,397.
What is the median sale price in Bailey, MI?
$250,000.
How long do homes take to sell in Bailey, MI?
Median days on market: 237 days.
What is typical rent in Bailey, MI?
2-bedroom fair-market rent: $1,261/month (HUD FMR — a 40th-percentile regulatory reference, not market-observed).
What is the natural-hazard risk in Bailey, MI?
Overall risk: Relatively Low (FEMA NRI, county-level). Top hazards: strongWind, iceStorm, inlandFlooding, lightning, tornado.
Is Bailey, MI in a flood zone?
Minimal (FEMA NFIP). FEMA flood zone X.
What is the wildfire risk in Bailey, MI?
Risk to homes is higher than 17% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in Bailey, MI?
Low radon potential — EPA Zone 3 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near Bailey, MI?
No current or proposed National Priorities List sites within 5 miles (EPA).
Is Bailey, MI walkable?
Walkability index: 2.8/20 (EPA Smart Location Database).
What is the air quality in Bailey, MI?
Good. Median AQI: 41. (EPA AQI).
What is the cost of living in Bailey, MI?
Regional Price Parity: 92.0 (100 = US average) (Below Average) (BEA RPP, metro/state-level).

ZIP code for Bailey

Selling a home in Bailey, MI?

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Data last updated

Most recent source refresh: Sep 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents