Is Bailey, MI 49303 a buyer’s or seller’s market?
Bailey is a buyer’s market. With about 9.6 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Bailey housing market right now
In the three months ending August 31, 2026, 100% of homes in Bailey, MI 49303 sold above their list price, the typical home went under contract in 2 days and there were 9.6 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 1 sale, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold faster (29 days then) and the median sale price fell 23% to $290,174. Overall, Bailey is more competitive than a year ago, so tougher for buyers.
Within Muskegon County, homes here sell faster than in any other ZIP code in the county, and sell more often over asking than in 92%.
Nearby, buyers who want less competition could look at Montague 49437 (21% sold over asking) or Whitehall 49461 (22% sold over asking).
Run the numbers for 49303
Nearby markets
Casnovia 49318Buyer’s market $90 /sq ftFruitport 49415Seller’s market $213 /sq ftHolton 49425Seller’s market $180 /sq ftMontague 49437Seller’s market $219 /sq ft Browse all markets →Where Bailey is
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Questions about Bailey real estate
Is Bailey a buyer’s or seller’s market?
A buyer’s market: there were 9.6 months of supply in Bailey, MI 49303 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Bailey?
The typical home went under contract in 2 days in the latest three months.
Do homes in Bailey sell over asking?
100% of homes sold above their original list price, and the typical sale closed at 100.1% of the list price.
What are property taxes in Bailey?
About 1.18% of a home’s value a year in Muskegon County, or roughly $4,720 on a $400,000 home.
What is the median home price in Bailey?
The median sale price was $290,174 in the three months ending August 31, 2026, about $190 per square foot.
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More tools for 49303
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology