Is Bailey, CO 80421 a buyer’s or seller’s market?
Bailey is a balanced market. With about 4.3 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 46% of U.S. ZIP codes, and #93 of 239 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Bailey housing market right now
In the three months ending August 31, 2026, 18% of homes in Bailey, CO 80421 sold above their list price, the typical home went under contract in 42 days and there were 4.3 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 65 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 21%, homes sold about as fast and the median sale price held steady to $564,756. Overall, Bailey is about as competitive as it was a year ago.
Within Park County, homes here sell faster than in 83% of the county’s ZIP codes, and sell more often over asking than in 67%. On our competition score, Bailey ranks #93 of 239 CO ZIP codes with enough sales (score 46 out of 100).
Nearby, buyers who want less competition could look at Lake George 80827 (0% sold over asking) or Guffey 80820 (0% sold over asking), while Jefferson 80456 (38% sold over asking) and Alma 80420 (33% sold over asking) are even more competitive.
Run the numbers for 80421
Nearby markets
Alma 80420Buyer’s market $481 /sq ftComo 80432 — /sq ftFairplay 80440Buyer’s market $348 /sq ftGuffey 80820Buyer’s market $267 /sq ft Browse all markets →Towns like Bailey nearby
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Questions about Bailey real estate
Is Bailey a buyer’s or seller’s market?
A balanced market: there were 4.3 months of supply in Bailey, CO 80421 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 42 days in the latest three months.
Do homes in Bailey sell over asking?
18% of homes sold above their original list price, and the typical sale closed at 99.5% of the list price.
What are property taxes in Bailey?
About 0.33% of a home’s value a year in Park County, or roughly $1,320 on a $400,000 home.
What is the median home price in Bailey?
The median sale price was $564,756 in the three months ending August 31, 2026, about $316 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology