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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Baldwin is a buyer's market

Buyer's
Market

Difference Since March 2023

At the same time last year, Baldwin was a Neutral Market.

Key Takeaway

Baldwin is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Baldwin, GA

How much do homes in Baldwin, GA cost?

Median Sold Price

$248,500

$158/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$101,500(-29.0%)

Key Takeaway

Homes in Baldwin have sold for 29% less than they did a year ago.

Summary: The median home sold price in Baldwin was $248,500 in March 2024, down 29% from last year, and the median price per square foot was $158.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $450K$193K
-57.1%
2 $201K$222.4K
+10.7%
3 $315K$248.5K
-21.1%
4 $487.5K$265K
-45.6%
5+ $421.5K$345K
-18.1%

Summary: Baldwin housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 57.1%, 2 bedroom homes increased by 10.7%, 3 bedroom homes decreased by 21.1%, 4 bedroom homes decreased by 45.6%, and 5+ bedroom homes decreased by 18.1%.

Median Sold Price Compared To Nearby Cities

Martin-Avalon
+12.8%
Baldwin
-29.0%

Housing Supply in Baldwin, GA

How many homes are available in Baldwin, GA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
2122+4.8%

Summary: The Baldwin real estate market had 22 homes for sale in March 2024, a 4.8% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 77
0.0%
3 1312
-7.7%
4 12
+100.0%
5+ 01
+100.0%

Summary: The Baldwin 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 decreased by 7.7%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

2 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 2 homes were sold or pending in Baldwin in March 2024, up by 100.0% month-over-month. Of the 2 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

Mar 2023Mar 2024CHANGE
130 Days8 Days-93.5%

Summary: Homes in Baldwin had an average of 8 days on market in Mar 2024, down by 93.5% compared to last year.

Breakdown of Home Sale Times

2 Homes Were 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 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 2 homes were sold in Baldwin; 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 22 Days Ago

Newest Listings in Baldwin, GA

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