Is Baldwin, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Baldwin is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Baldwin has remained a Seller's Market.

Key Takeaway

Baldwin is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Baldwin, GA

How much do homes in Baldwin, GA cost?

Median Sold Price

$295,000

$181/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

-$4,900(-1.6%)

Key Takeaway

Homes in Baldwin have sold for 1.6% less than they did a year ago.

Summary: The median home sold price in Baldwin was $295,000 in May 2024, down 1.6% from last year, and the median price per square foot was $181.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 $195K$225K
+15.4%
3 $292K$286.8K
-1.8%
4 $305K$418.5K
+37.2%
5+ $568K$495.5K
-12.8%

Summary: Baldwin housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 15.4%, 3 bedroom homes decreased by 1.8%, 4 bedroom homes increased by 37.2%, and 5+ bedroom homes decreased by 12.8%.

Median Sold Price Compared To Nearby Cities

Cornelia
+15.8%
Baldwin
-1.6%
Baldwin
-20.0%

Housing Supply in Baldwin, GA

How many homes are available in Baldwin, GA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
1514-6.7%

Summary: The Baldwin real estate market had 14 homes for sale in May 2024, a 6.7% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 44
0.0%
3 43
-25.0%
4 44
0.0%
5+ 33
0.0%

Summary: The Baldwin housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
14+300.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Baldwin, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Baldwin in May 2024, up by 300.0% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Baldwin, GA

How long does it take to sell a home in Baldwin, GA?

Average Sale Time

May 2023May 2024CHANGE
11 Days42 Days+286.4%

Summary: Homes in Baldwin had an average of 42 days on market in May 2024, up by 286.4% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Baldwin are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 4 homes were sold in Baldwin; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

Newest Listings in Baldwin, GA

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