Is East Baldwin, 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, East Baldwin has remained a Seller's Market.
Key Takeaway
East Baldwin is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in East Baldwin, GA
How much do homes in East Baldwin, GA cost?
Median Sold Price
$317,475
$164/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in East Baldwin have sold for 1.6% less than they did a year ago.
Summary: The median home sold price in East Baldwin was $317,475 in March 2024, down 1.6% from last year, and the median price per square foot was $164.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $160K | $337K | +110.6% |
| 3 Bedrooms | $226K | $385K | +70.4% |
| 4 Bedrooms | $610K | $300K | -50.8% |
| 5+ Bedrooms | $420K | $269.5K | -35.8% |
Summary: East Baldwin 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 110.6%, 3 bedroom homes increased by 70.4%, 4 bedroom homes decreased by 50.8%, and 5+ bedroom homes decreased by 35.8%.
Median Sold Price Compared To Nearby Cities
| Milledgeville | $198.7K | $250K | +25.8% |
| East Baldwin | $322.5K | $317.4K | -1.6% |
| Devereux | $485K | $428K | -11.8% |
Housing Supply in East Baldwin, GA
How many homes are available in East Baldwin, GA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 17 | 20 | +17.6% |
Summary: The East Baldwin real estate market had 20 homes for sale in March 2024, a 17.6% 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 9 | 11 | +22.2% |
| 4 Bedrooms | 2 | 5 | +150.0% |
| 5+ Bedrooms | 6 | 4 | -33.3% |
Summary: The East 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 increased by 22.2%, 4 bedroom homes increased by 150%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 2 | 5 | +150.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in East Baldwin, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in East Baldwin in March 2024, up by 150.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.
Days on Market for East Baldwin, GA
How long does it take to sell a home in East Baldwin, GA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 3 Days | 84 Days | +2726.7% |
Summary: Homes in East Baldwin had an average of 84 days on market in Mar 2024, up by 2726.7% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in East Baldwin are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 5 homes were sold in East Baldwin; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
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