Buddy Blake Team · Coldwell Banker Sea Coast Advantage
Market insights: Bailey
October 24, 2026
(910) 395‑1000 · buddyblake.com
One in four Bailey listings didn't sell in the last 12 months
Bailey had 144 listings end in the last 12 months, and 38 of them didn't sell. That's 26%, or 1 in 4, up from 15% the year before. A typical home that sold went for a median $329,245 and took a median 69 days.
Summary written October 25, 2026 from that day's numbers. The figures in the tiles update every hour, so they can differ slightly.
Which pile do you want to be in?
Out of every 20 homes listed in Bailey over the last 12 months, the solid houses sold. The outlined ones expired or were canceled.
Priced right from day one: sold in a median 39 days. Needed price cuts: 106 days, and sold for 93.9% of the first price.
What waiting costs
| Property taxes | $173 |
| Homeowners insurance | $250 |
| Upkeep | $274 |
| Utilities | $250 |
| Your mortgage payment | if you have one |
| About | $951 + mortgage |
About $951 every month the home sits — plus your mortgage payment.
Listings that didn't sell stayed on the market a median of 147 days — roughly $4,583 in taxes, insurance, upkeep and utilities alone, and the home still didn't sell.
An example, not a quote: Nash County rate 0.63 per $100 (NC Department of Revenue, 2025-26 county rates); town taxes add more inside town limits; insurance, upkeep (1% of value a year) and utilities are typical estimates.
When contracts fall apart
Contracts that fell apart
20%
27 of about 133 before closing
Those homes that later sold
48%
48% never sold
Sold vs. first ask after a fall-through
96.9%
vs. 98.9% on the first contract
Days to sell after a fall-through
92
vs. 67 on the first contract
The MLS doesn't record why a contract ends. In our experience the most common reasons are home inspection findings, appraisals that come in below the price, and buyer financing. How buyers paid on closed sales: conventional 37% · cash 9% · VA 15% · FHA 37%.
If you're selling
- Price it right from day one. Homes priced right from the start sold in a median 39 days, across 68 homes.
- Waiting gets expensive. Homes that needed price cuts took a median 106 days to sell.
- Under $300K is the hardest range, with a 33% didn't-sell rate. $300–400K is the best, at 22%.
- Contracts fall apart in 1 in 5 cases (20%). In my experience that's most often inspection, appraisal or financing issues, and getting those sorted before you list helps.
If you're buying
- There's room to negotiate. The median sold price was 98.7% of the first asking price, and 58% sold below first ask.
- Some homes sit. Listings that never sold stayed on the market a median 147 days, and their median price cut was 0.8%.
- Here's how others are paying: 37% conventional, 37% FHA, 15% VA and 9% cash.
Did you know?
- Of contracts that fell apart in Bailey, 48% later sold and 48% never sold.
- For a typical home at $329,245, the estimated carrying cost is about $951 a month before mortgage.
- The MLS does not record why contracts fell apart, so the causes here are general industry experience, not measured data.
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Thinking of selling in Bailey? What it takes and what it costs →
For sellers
Listings that didn't sell
26%
up 11.7 pts from a year ago
38 expired or canceled vs 106 sold
Sold vs. first asking price
98.7%
down 1.1 pts from a year ago
median sale price ÷ original list price
Sold below first asking
58%
share of homes that sold
Price cut on homes that didn't sell
0.8%
median — and they still didn't sell
For buyers
True days on market
69
up 8 days from a year ago
median for sold homes, counted from the first listing
Typical room below first ask
1.3%
how far under the original price homes sold
Didn't sell, then sold on a relist
3%
of listings that didn't sell the first time
Median sold price
$329K
down 8.3% from a year ago
106 homes sold
The last 24 months
57% latest month · Sep 26
50 latest month · Sep 26
98.7% latest month · Sep 26
By starting price
| First asking | Sold | Didn't sell | % didn't sell | True days | Sold vs. first ask |
|---|---|---|---|---|---|
| Under $300K | 29 | 14 | 33% | 33 | 98.6% |
| $300–400K | 63 | 18 | 22% | 80 | 98.8% |
| $400–500K | 12 | 3 | 20% | 115 | 98.5% |
| $500–750K | 2 | 3 | 60% | 118 | 90.4% |
Bailey housing market: quick answers
How long do homes take to sell in Bailey?
Homes that sold in Bailey over the last 12 months took a median of 69 days, counted from the day they were first listed (relists included). That's up 8 days from a year ago.
What do homes in Bailey sell for compared to the asking price?
The median home in Bailey sold for 98.7% of its first asking price in the last 12 months, and 58% of the homes that sold went for less than the original price. That's down 1.1 pts from a year ago.
What percentage of homes listed in Bailey don't sell?
26% of homes listed in Bailey over the last 12 months expired or were canceled without selling — about 1 in 4 (38 didn't sell vs 106 sold). That's up 11.7 pts from a year ago. The homes that didn't sell had already cut their price a median 0.8%.
What is the median sold price in Bailey?
The median sold price in Bailey over the last 12 months was $329,245, across 106 homes sold. That's down 8.3% from a year ago.
Where do these Bailey housing market numbers come from?
Hive MLS listing and sales records for homes only (land excluded), covering the last 12 months and updated October 24, 2026. The figures refresh from the MLS every hour; "didn't sell" counts only expired and canceled listings. Compiled by Buddy Blake Team, Coldwell Banker Sea Coast Advantage.
Homes only (land excluded), last 12 months unless noted. "Didn't sell" = listings that expired or were canceled — withdrawn and on-hold listings are not counted (some owners stop for reasons that have nothing to do with the market); true days on market counts from the first listing, even when a home was relisted. Source: Hive MLS listing and sales records, updated October 24, 2026. Totals only — no individual listing is shown. Buddy Blake Team · Coldwell Banker Sea Coast Advantage · (910) 395‑1000