Home prices
The value of the median home in Bailey is $56,000. In comparison to the surrounding areas it is about $21,880 (28%) lower.It is approximately $161,500 (74%) lower compared to the entire country, and in comparison to the city of Dallas it is approximately $132,100 (70%) lower.
Rents
The median rent in Bailey is $1,069 a month. It is approximately $320 (42%) higher compared to the surrounding areas.It is is very similar in comparison to the rest of the nation, and it is about $17 (1%) higher in comparison to the city of Dallas.
Nearby places
Leonard
Leonard is approximately 5 miles southwest of Bailey. Its real estate prices are a lot more expensive. The median home in Leonard is valued at $89,700, which comes out to $33,700 (37%) higher than Bailey. Rents there are significantly less expensive. In Leonard the median monthly rent is $781, which comes out to $288 (36%) lower than Bailey.
Wolfe City
Wolfe City is about 6 miles southeast of Bailey. Real estate prices there are somewhat more expensive. The median home value in Wolfe City is $77,900, which is $21,900 (28%) higher than Bailey. Its rents are significantly less expensive. In Wolfe City the median rent is $693 per month, which works out to $376 (54%) lower than Bailey.
Trenton
Trenton is roughly 8 miles west from Bailey. Housing prices there are a bit more expensive. The median home in Trenton costs $79,800, which works out to $23,800 (29%) higher than Bailey. Its rents are a lot less expensive. The median monthly rent in Trenton is $706, which works out to $363 (51%) lower than Bailey.
Celeste
Celeste is about 10 miles south from Bailey. Its real estate prices are somewhat more expensive. The median home in Celeste is valued at $70,700, which is $14,700 (20%) higher than Bailey. Rents there are substantially less expensive. Celeste's median monthly rent is $650, which comes out to $419 (64%) lower than Bailey.
Ladonia
Ladonia is approximately 11 miles east from Bailey. Real estate prices there are somewhat more expensive. The median home in Ladonia is valued at $71,300, which is $15,300 (21%) higher than Bailey. The rent there is somewhat less expensive. Ladonia's median rent is $916 a month, which is $153 (16%) lower than Bailey.