Bailey, East Lansing, MI
Bailey — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Bailey, East Lansing, Michigan. Explore the cited sources and local facts below while agent underwriting continues.
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Bailey Neighborhood Overview
Bailey is a residential neighborhood located in the city of East Lansing, Michigan. It offers a quiet, community-focused atmosphere while being conveniently close to the energy of a major university town. The area is characterized by its tree-lined streets and a mix of single-family homes.
Lifestyle & Amenities
Residents enjoy proximity to several parks and recreational areas, providing spaces for outdoor activities and community gatherings. The neighborhood's location offers relatively easy access to the shopping, dining, and cultural venues found in downtown East Lansing and the adjacent Michigan State University campus.
Real Estate Market
The median home value in Bailey is $247,500, according to U.S. Census Bureau ACS 5-Year Estimates (2022). The market consists primarily of single-family homes, appealing to a range of buyers from young professionals to families seeking an established neighborhood.
Schools & Education
The neighborhood is served by the East Lansing Public Schools district, which is known for its strong academic programs. Families in Bailey have access to the district's schools, and the world-class educational resources of Michigan State University are just minutes away.
Transportation & Connectivity
Major roads provide efficient connections to Michigan State University, downtown East Lansing, and Interstate 96. Public transportation options are available through the local bus service, facilitating travel throughout the greater Lansing region.
Why Choose Bailey
Bailey presents an attractive balance of affordable suburban living and urban convenience, with a median household income of $49,302 according to U.S. Census Bureau ACS 5-Year Estimates (2022). It is an ideal choice for those who value a tight-knit community atmosphere while wanting to be near the dynamic resources of a major Big Ten university city.
Sources
- U.S. Census Bureau, American Community Survey 5-Year Estimates (2022) — data.census.gov
Bailey 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-Range |
| 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, East Lansing
Local agent underwriting is in progress
Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Bailey, East Lansing, MI. Explore the available cited neighborhood data on this page.
Agent selection follows our published merit criteria. Do not infer or fabricate agent names.
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