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Town comparisons › Bailey vs Guffey

Bailey vs Guffey

Bailey and Guffey are both in Park County. There are 93 homes for sale in Bailey and 22 in Guffey as this page loaded. Guffey is the more expensive of the two: a median asking price of $737,000 against $580,000 in Bailey, about 27% higher. Homes are moving faster in Bailey — a median of 72 days on market against 118 in Guffey. Bailey is a balanced market right now and Guffey is a buyer's market.

Side by side

MeasureBaileyGuffey
Homes for sale9322
New in last 30 days232
Median asking price$580,000$737,000
Median price per sq ft$340$344
Median size (sq ft)1,9162,287
Median bedrooms33
Median days on market72118
Months of supply4.913.2
Sold, last 12 months22720
Median sold price$572,000$452,500
Median days to sell85152
Sold vs asking price99.0%98.0%

The darker figure in each row is the lower price, the shorter wait or the larger number — which of those is the good news depends entirely on whether you are buying or selling.

What each market is doing

Bailey is a balanced marketBetween three and six months of supply is the range where neither side has the upper hand - well-priced homes sell and buyers still have room to negotiate.
Guffey is a buyer's marketOver six months of supply means there are more homes for sale than the current pace of sales absorbs. Buyers have choice and time, and sellers usually have to compete on price or condition.

Bailey

93
Homes for sale
$580,000
Median asking price
$340
Median per sq ft
72
Median days on market

Guffey

22
Homes for sale
$737,000
Median asking price
$344
Median per sq ft
118
Median days on market

Look at either town on its own

Questions people ask

Is Bailey or Guffey more expensive?

Guffey is more expensive. The median asking price is $737,000 in Guffey against $580,000 in Bailey. By price per square foot, Bailey runs $340 and Guffey $344.

Which moves faster, Bailey or Guffey?

Homes for sale in Bailey have been on the market a median of 72 days, against 118 days in Guffey. Of the homes that actually closed in the last twelve months, Bailey took a median of 85 days and Guffey 152.

Is Bailey or Guffey the better market for a buyer?

Bailey is a balanced market and Guffey is a buyer's market, measured on months of supply — 4.9 months in Bailey and 13.2 in Guffey. More months of supply means more choice and more room to negotiate, so on that measure Guffey is the easier of the two to buy in today. That is the arithmetic, not advice — the right town is the one you want to live in.

How many homes are for sale in Bailey and Guffey?

There are 93 homes for sale in Bailey and 22 in Guffey as this page loaded, 23 and 2 of them new in the last 30 days.

How current are these figures?

They are not published on a schedule and they are not a monthly snapshot. Both towns are read from the live MLS feed at the same instant, when you open this page, so the two sides are always measured against each other rather than against different weeks.

Both sides of this comparison are recalculated from the live MLS feed at the moment the page loads - neither is a monthly snapshot, and the two are read at the same instant so they are always comparable. Figures cover residential homes for sale; rentals, land and commercial are excluded, as are fractional co-ownership shares, which are priced per share and would distort the medians. Sold figures cover the last twelve complete calendar months. Market data is deemed reliable but not guaranteed - talk to us before making a decision on it.