Commercial Real Estate Market in Bailey, NC
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
31 active listings and 118 off-market properties in Bailey, NC.
Market Trends
Bailey, NC spans 48.1 square miles in Nash County, North Carolina. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Bailey, NC runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Vacancy Rate % in South region
Retail
Retail vacancy in Bailey, NC runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Bailey, NC runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Vacancy Rate % in South region
Multifamily
Multifamily vacancy in Bailey, NC runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Vacancy Rate % in South region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 88.5%
- Civic 8.3%
- Industrial 2.2%
- Commercial 1%
Largest Zones share of zoned land by district
Residential
Residential
Residential
Industrial
Community Institutional
Bailey, NC zones 3,342 acres across 12 districts. Commercial zoning covers 1% of zoned land, residential 88.5% and industrial 2.2%. The largest single district is Residential at 83%. For commercial buyers the practical constraint is that only 3.2% of land carries a commercial or industrial designation.
Residential (R-40)
The purpose of R-40 zone is to preserve rural character and allow scattered single family dwelling units, agriculture and other rural uses, recreational uses suited to less developed areas, and conservation
Market overview
Demographics & Economy
Bailey, NC has 6,749 residents in 2,436 households. Density runs 140 people per square mile. Median household income here is $67,563 and median gross rent $881 a month.
6,749
Population
2,436
Households
2.8
Avg Household Size
39
Median Age
19%
College-Educated
80%
High-School Grad
48.1 sq mi
ZIP Area
140
Density / Sq Mi
$67,563
Median Household Income
$44,335
Median Earnings
$881
Median Rent
$142,900
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Sims | — | — |
| Middlesex | — | — |
| Whitley Heights | — | — |
| Emit | — | — |
Frequently Asked Questions
What zoning applies to commercial property in Bailey?
Bailey, NC zones 3,342 acres across 12 districts, of which 1% is commercial and 2.2% industrial. The largest single district is Residential at 83% of zoned land. The purpose of R-40 zone is to preserve rural character and allow scattered single family dwelling units, agriculture and other rural uses, recreational uses suited to less developed areas, and conservation Residential zoning covers 88.5% and open space 0%.
Where does Realmo's Bailey market data come from?
Realmo compiles Bailey, NC figures from 4 recent recorded sales, 31 active sale listings, 118 tracked off-market properties, the current Bailey zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 31 active for-sale and 0 active for-lease listings in Bailey, NC. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 3,342 zoned acres across 12 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at South region level, retail vacancy is reported at South region level and industrial vacancy is reported at South region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
