Bailey, MI

Bailey is a small town in the Upper Peninsula of Michigan with a population of just over 1,000 people. It is located in the Keweenaw Peninsula and has a long history as an iron mining town. Today, Bailey is primarily known for its real estate market.

The Bailey real estate market is considered to be very active and competitive. The town has a limited number of homes available for sale, and buyers have to be prepared to compete for them. Prices in Bailey range from around $100,000 to well over $1 million, with most homes selling within two months of being listed.

One reason why the Bailey real estate market is so competitive is that there are only a few homes available for sale. This means that there are always opportunities for buyers to find their dream home at an affordable price. Additionally, Bailey has excellent schools and plenty of recreational opportunities nearby. This makes it an attractive place to live and raise a family.