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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing East Baldwin is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, East Baldwin was a Seller's Market.

Key Takeaway

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

Housing Prices in East Baldwin, GA

How much do homes in East Baldwin, GA cost?

Median Sold Price

$245,000

$148/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$155,000(-38.8%)

Key Takeaway

Homes in East Baldwin have sold for 38.7% less than they did a year ago.

Summary: The median home sold price in East Baldwin was $245,000 in October 2024, down 38.8% from last year, and the median price per square foot was $148.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $299K$192K
-35.8%
3 $334.9K$209.9K
-37.3%
4 $640.5K$399.9K
-37.6%
5+ $347K$373.7K
+7.7%

Summary: East Baldwin housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 35.8%, 3 bedroom homes decreased by 37.3%, 4 bedroom homes decreased by 37.6%, and 5+ bedroom homes increased by 7.7%.

Median Sold Price Compared To Nearby Cities

Devereux
-7.6%
Milledgeville
-8.6%
East Baldwin
-38.8%

Housing Supply in East Baldwin, GA

How many homes are available in East Baldwin, GA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2123+9.5%

Summary: The East Baldwin real estate market had 23 homes for sale in October 2024, a 9.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 22
0.0%
3 88
0.0%
4 912
+33.3%
5+ 21
-50.0%

Summary: The East Baldwin housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
43-25.0%

Asking Price vs. Sold Price

3 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 East Baldwin, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in East Baldwin in October 2024, down by 25.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% 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

Oct 2023Oct 2024CHANGE
129 Days29 Days-77.1%

Summary: Homes in East Baldwin had an average of 29 days on market in Oct 2024, down by 77.1% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 3 homes were sold in East Baldwin; 67% of homes were sold within 30 days, 33% 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 2 Days Ago

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