Is Baldwin Township, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Baldwin Township is a seller's market

Buyer's
Market

Difference Since August 2023

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

Key Takeaway

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

Housing Prices in Baldwin Township, PA

How much do homes in Baldwin Township, PA cost?

Median Sold Price

$193,950

$181/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2023

+$13,950(+7.8%)

Key Takeaway

Homes in Baldwin Township have sold for 7.8% more than they did a year ago.

Summary: The median home sold price in Baldwin Township was $193,950 in August 2024, up 7.8% from last year, and the median price per square foot was $181.

Median Sold Price By Bedroom Count

# BEDSAug 2023Aug 2024CHANGE
1 --
N/A
2 $162.7K$146.9K
-9.7%
3 $221K$193.9K
-12.2%
4 $228K$339.9K
+49.1%
5+ --
N/A

Summary: Baldwin Township housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 9.7%, 3 bedroom homes decreased by 12.2%, 4 bedroom homes increased by 49.1%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Castle Shannon
+9.5%
Baldwin Township
+7.8%
Pittsburgh
+4.7%
Mount Lebanon Township
+2.6%

Housing Supply in Baldwin Township, PA

How many homes are available in Baldwin Township, PA?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
550.0%

Summary: The Baldwin Township real estate market had 5 homes for sale in August 2024, the same as July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 00
0.0%
2 00
0.0%
3 44
0.0%
4 11
0.0%
5+ 00
0.0%

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

Number of Homes Sold

Jul 2024Aug 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Baldwin Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Baldwin Township in August 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Baldwin Township, PA

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

Average Sale Time

Aug 2023Aug 2024CHANGE
17 Days4 Days-76.5%

Summary: Homes in Baldwin Township had an average of 4 days on market in Aug 2024, down by 76.5% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 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 Township are selling fast, if you're buying plan to act quickly.

Summary: During August 2024, 1 homes were sold in Baldwin Township; 100% of homes were sold within 30 days, 0% 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 20 Days Ago

Newest Listings in Baldwin Township, PA

Nearby Markets to Baldwin Township, PA

What housing markets are near Baldwin Township, PA?