Similar to nearby areas, it's substantially less expensive compared to the entire country. Compared to the city of Knoxville however, it is a bit less expensive.
Home prices
The median home in Baileyton costs $126,000. It is roughly $4,040 (3%) lower compared to the surrounding areas.Compared to the United States as a whole it is approximately $91,500 (42%) lower, and in comparison to the city of Knoxville is about $10,300 (7%) lower.
Rents
In Baileyton the median rent is $508 per month. Compared to other places in this area it is approximately $122 (19%) lower.It is about $554 (52%) lower in comparison to the entire nation, and compared to the city of Knoxville it is about $337 (39%) lower.
Nearby places
Rogersville
Rogersville is roughly 10 miles northwest of Baileyton. The housing prices there are somewhat more expensive. The value of the median home in Rogersville is $140,500, which is $14,500 (10%) higher than Baileyton. Its rents are somewhat more expensive. The median rent in Rogersville is $595 a month, which works out to $87 (14%) higher than Baileyton.
Surgoinsville
Surgoinsville is roughly 10 miles north of Baileyton. The real estate prices there are pretty similar. The price of the median home in Surgoinsville is $127,000, which is very similar to Baileyton. The rent there is a lot more expensive. The median monthly rent in Surgoinsville is $750, which is $242 (32%) higher than Baileyton.
Greeneville
Greeneville is approximately 11 miles south from Baileyton. The real estate prices there are fairly similar. The median home in Greeneville costs $129,000, which works out to $3,000 (2%) higher than Baileyton. Its rents are somewhat more expensive. Greeneville's median monthly rent is $587, which works out to $79 (13%) higher than Baileyton.
Fall Branch
Fall Branch is about 11 miles northeast of Baileyton. Real estate prices there are a bit more expensive. Fall Branch's median home price is $146,500, which comes out to $20,500 (13%) higher than Baileyton. The rent there is a bit more expensive. The median monthly rent in Fall Branch is $556, which comes out to $48 (8%) higher than Baileyton.
Mosheim
Mosheim is about 11 miles southwest from Baileyton. Its housing prices are somewhat less expensive. The median home in Mosheim costs $107,200, which works out to $18,800 (17%) lower than Baileyton. Rents there are a little more expensive. In Mosheim the median rent is $663 per month, which is $155 (23%) higher than Baileyton.
