Bailey, NC Real Estate
According to census data in the year 2000 there were 299 housing units in Bailey.
This represents a 10.3% growth from 271 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 299 were located in what is classified as a rural area.
Homeownership rate in Bailey is about 77%.
Bailey's vacancy rate, including seasonal lodging, is about 12.7%.
Average household size is 2.37 people.
The majority of houses, apartments or condos in Bailey were built after 1959.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.70% |
| One Bedroom | 5.40% |
| Two Bedrooms | 30.40% |
| Three Bedrooms | 47.80% |
| Four Bedrooms | 12.70% |
| Five Bedrooms or more | 3% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.27 |
| Median year structure was built | 1955 |
| Median Value of occupied units | $83,300 |
| Median Price asked for vacant units | $30,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.72 |
| Median year structure was built | 1966 |
| Median Monthly Rent asked for vacant units | $419 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 4.40% |
| Home Equity Loan | 21.10% |
| Simple Mortgage | 26.70% |
| Debt Free | 47.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.2% |
