Is Baker County, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Baker County was a Seller's Market.
Key Takeaway
Baker County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Baker County, FL
How much do homes in Baker County, FL cost?
Median Sold Price
$285,000
$173/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Baker County have sold for 5% less than they did a year ago.
Summary: The median home sold price in Baker County was $285,000 in March 2024, down 5% from last year, and the median price per square foot was $173.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $189.2K | $200.5K | +5.9% |
| 3 Bedrooms | $290K | $268K | -7.6% |
| 4 Bedrooms | $320K | $294.9K | -7.8% |
| 5+ Bedrooms | $317.4K | $299.4K | -5.7% |
Summary: Baker County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5.9%, 3 bedroom homes decreased by 7.6%, 4 bedroom homes decreased by 7.8%, and 5+ bedroom homes decreased by 5.7%.
Median Sold Price Compared To Nearby Counties
| Nassau County | $406.3K | $423.9K | +4.3% |
| Duval County | $306.3K | $309.9K | +1.2% |
| Baker County | $299.9K | $285K | -5.0% |
| Charlton County | $230K | $215K | -6.5% |
| Columbia County | $299K | $275K | -8.0% |
Housing Supply in Baker County, FL
How many homes are available in Baker County, FL?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 61 | 67 | +9.8% |
Summary: The Baker County real estate market had 67 homes for sale in March 2024, a 9.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 37 | 39 | +5.4% |
| 4 Bedrooms | 19 | 21 | +10.5% |
| 5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The Baker County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 5.4%, 4 bedroom homes increased by 10.5%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 9 | 11 | +22.2% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Baker County, you may be able to get a good deal. 72.7% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in Baker County in March 2024, up by 22.2% month-over-month. Of the 11 sold homes, 73% were sold under asking, 9% were sold at asking, and 18% were sold over asking.
Days on Market for Baker County, FL
How long does it take to sell a home in Baker County, FL?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 102 Days | 45 Days | -55.4% |
Summary: Homes in Baker County had an average of 45 days on market in Mar 2024, down by 55.4% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Baker County are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 11 homes were sold in Baker County; 45% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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