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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Baldwin County is a seller's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

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

+$5,700(+2.3%)

Key Takeaway

Homes in Baldwin County have sold for 2.3% more than they did a year ago.

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

# BEDSMar 2023Mar 2024CHANGE
1 $124.5K$57.5K
-53.8%
2 $120.2K$150K
+24.7%
3 $227.4K$227K
-0.2%
4 $330K$329.9K
0%
5+ $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
+5.1%
Baldwin County
+2.3%
Putnam County
+1.3%
Wilkinson County
-13.2%

Housing Supply in Baldwin County, GA

How many homes are available in Baldwin County, GA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
128149+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

# BEDSFeb 2024Mar 2024CHANGE
1 11
0.0%
2 99
0.0%
3 5868
+17.2%
4 4555
+22.2%
5+ 1516
+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 2024Mar 2024CHANGE
1937+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

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Baldwin County, you may be able to get a good deal. 61.8% of homes here sold below asking price last month.

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 2023Mar 2024CHANGE
62 Days57 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

Breakdown of Home Sale Times

Key Takeaway

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

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.

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

Report Updated 18 Days Ago

Newest Listings in Baldwin County, GA

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