Bailey Historic District, East Lansing, MI
Bailey Historic District — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Bailey Historic District, East Lansing, Michigan. Explore the cited sources and local facts below while agent underwriting continues.
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Bailey Historic District Neighborhood Overview
The Bailey Historic District is a charming, tree-lined neighborhood in East Lansing, Michigan, known for its well-preserved historic homes. Located near Michigan State University, it offers a quiet, residential atmosphere with a strong sense of community. The area is prized for its architectural character and proximity to both campus amenities and downtown East Lansing.
Lifestyle & Amenities
Residents enjoy a walkable lifestyle with easy access to local parks, coffee shops, and unique boutiques. The neighborhood's central location provides quick routes to the Michigan State University campus, its cultural events, and athletic facilities. This blend of quiet streets and nearby activity creates a vibrant yet relaxed living environment.
Real Estate Market
The housing market in Bailey Historic District is characterized by its historic homes, including many Craftsman and Colonial Revival styles. The median home value in the area is $247,500, according to U.S. Census Bureau ACS 5-Year Estimates (2022). This represents a stable market appealing to those seeking character and a central location.
Schools & Education
The neighborhood is served by the East Lansing Public Schools district, which is known for its strong academic programs. Its close proximity to Michigan State University also provides unique educational and cultural resources for families. The area attracts academics, staff, and students affiliated with the university.
Transportation & Connectivity
Bailey Historic District is highly walkable and bike-friendly, with good connectivity to major roads like Grand River Avenue and US-127. Public bus service through the Capital Area Transportation Authority (CATA) provides reliable routes to campus, downtown, and surrounding areas. This makes commuting without a car a practical option for many residents.
Why Choose Bailey Historic District
This neighborhood is ideal for those who value historic charm, a tight-knit community, and an unbeatable location near a major university. With a median household income of $49,302, according to U.S. Census Bureau ACS 5-Year Estimates (2022), it offers an accessible entry point into a desirable East Lansing market. It perfectly balances residential tranquility with the intellectual and cultural energy of campus life.
Sources
- U.S. Census Bureau, American Community Survey 5-Year Estimates (2022) — data.census.gov
Bailey Historic District Market Data
| Metric | Value |
|---|---|
| Median Home Price | $248K |
| Median Gross Rent | $1K/mo |
| Median Household Income | $49K |
| Homeownership Rate | 44.3% |
| Renter-Occupied | 55.7% |
| Rental Vacancy Rate | 9.5% |
| Market Type | Buyer's |
| Market Tier | Mid-Market |
| Primary ZIP Code | 48823 |
| Mortgage Originations (2022 HMDA) | |
| Total Mortgage Originations | 264,220 |
| VA Loan Originations | 9,916 |
| VA Loan Share | 0.0% |
| Average VA Loan Amount | $247K |
| Conventional Loan Originations | 227,996 |
| FHA Loan Originations | 26,308 |
Top Real Estate Agents in Bailey Historic District, East Lansing
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Bailey Historic District, East Lansing, MI. Explore the available cited neighborhood data on this page.
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Data Provenance
- State Licensing: Michigan Department of Licensing and Regulatory Affairs (LARA) — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Mortgage Data: FFIEC Home Mortgage Disclosure Act (HMDA) Data, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-14