Is Baldwin County, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Baldwin County has remained a Seller's Market.
Housing Prices in Baldwin County, GA
How much do homes in Baldwin County, GA cost?
Median Sold Price
$250,000
$136/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Baldwin County was $250,000 in March 2024, up 2.3% from last year, and the median price per square foot was $136.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $124.5K | $57.5K | -53.8% |
2 Bedrooms | $120.2K | $150K | +24.7% |
3 Bedrooms | $227.4K | $227K | -0.2% |
4 Bedrooms | $330K | $329.9K | 0% |
5+ Bedrooms | $408.7K | $375K | -8.3% |
Summary: Baldwin County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 53.8%, 2 bedroom homes increased by 24.7%, 3 bedroom homes decreased by 0.2%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 8.3%.
Median Sold Price Compared To Nearby Counties
Hancock County | $399.7K | $420K | +5.1% |
Baldwin County | $244.3K | $250K | +2.3% |
Putnam County | $400K | $405K | +1.3% |
Wilkinson County | $132.5K | $115K | -13.2% |
Housing Supply in Baldwin County, GA
How many homes are available in Baldwin County, GA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
128 | 149 | +16.4% |
Summary: The Baldwin County real estate market had 149 homes for sale in March 2024, a 16.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 9 | 9 | 0.0% |
3 Bedrooms | 58 | 68 | +17.2% |
4 Bedrooms | 45 | 55 | +22.2% |
5+ Bedrooms | 15 | 16 | +6.7% |
Summary: The Baldwin 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 17.2%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes increased by 6.7%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
19 | 37 | +94.7% |
Asking Price vs. Sold Price
21 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 37 homes were sold or pending in Baldwin County in March 2024, up by 94.7% month-over-month. Of the 34 sold homes, 62% were sold under asking, 29% were sold at asking, and 9% were sold over asking.
Days on Market for Baldwin County, GA
How long does it take to sell a home in Baldwin County, GA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
62 Days | 57 Days | -8.4% |
Summary: Homes in Baldwin County had an average of 57 days on market in Mar 2024, down by 8.4% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During March 2024, 37 homes were sold in Baldwin County; 46% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.