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Town comparisons › Bailey vs Jefferson

Bailey vs Jefferson

Bailey and Jefferson are both in Park County. There are 93 homes for sale in Bailey and 48 in Jefferson as this page loaded. Bailey is the more expensive of the two: a median asking price of $580,000 against $552,950 in Jefferson, about 5% higher. Homes are moving faster in Bailey — a median of 72 days on market against 108 in Jefferson. Bailey is a balanced market right now and Jefferson is a buyer's market.

Side by side

MeasureBaileyJefferson
Homes for sale9348
New in last 30 days236
Median asking price$580,000$552,950
Median price per sq ft$340$341
Median size (sq ft)1,9161,529
Median bedrooms32
Median days on market72108
Months of supply4.916.0
Sold, last 12 months22736
Median sold price$572,000$494,450
Median days to sell8590
Sold vs asking price99.0%97.0%

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.
Jefferson 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

Jefferson

48
Homes for sale
$552,950
Median asking price
$341
Median per sq ft
108
Median days on market

Look at either town on its own

Questions people ask

Is Bailey or Jefferson more expensive?

Bailey is more expensive. The median asking price is $580,000 in Bailey against $552,950 in Jefferson. By price per square foot, Bailey runs $340 and Jefferson $341.

Which moves faster, Bailey or Jefferson?

Homes for sale in Bailey have been on the market a median of 72 days, against 108 days in Jefferson. Of the homes that actually closed in the last twelve months, Bailey took a median of 85 days and Jefferson 90.

Is Bailey or Jefferson the better market for a buyer?

Bailey is a balanced market and Jefferson is a buyer's market, measured on months of supply — 4.9 months in Bailey and 16.0 in Jefferson. More months of supply means more choice and more room to negotiate, so on that measure Jefferson 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 Jefferson?

There are 93 homes for sale in Bailey and 48 in Jefferson as this page loaded, 23 and 6 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.