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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Baldwin is a seller's market

Buyer's
Market

Difference Since November 2021

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

Key Takeaway

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

How much do homes in Baldwin, MD cost?

Median Sold Price

$595,000

$203/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$64,000(+12.1%)

Key Takeaway

Homes in Baldwin have sold for 12.1% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 --
N/A
2 $442.5K$389K
-12.1%
3 $410K$455K
+11.0%
4 $565K$600K
+6.2%
5+ $653.7K$626.2K
-4.2%

Median Sold Price Compared To Nearby Cities

Baldwin
+12.1%
Phoenix
+7.7%
Fallston
+5.8%
Kingsville
-6.0%

How many homes are available in Baldwin, MD?

Number of Homes For Sale

Oct 2022Nov 2022%
18180.0%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 00
0.0%
2 00
0.0%
3 45
+25.0%
4 99
0.0%
5+ 54
-20.0%

Number of Homes Sold

Oct 2022Nov 2022%
34+33.3%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Baldwin, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Average Sale Time

Nov 2021Nov 2022%
5 Days46 Days+740.9%

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was 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.

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

About Baldwin, MD

There are 18 homes are for sale in Baldwin, MD real estate market. The median list price of listings available in November 2022 was $595,000, while the average time on the real estate market was 46 days. This housing market listing prices have changed between October 2022 and November 2022: prices of 1 bedroom properties went up by 0%, 2 bedrooms properties became 12.1% more cheaper, prices of 3 bedrooms properties increased by 11%, the cost of 4 bedrooms properties went up by 6.2%, 5 bedrooms properties prices decreased by 4.2%. Housing inventory have changed in this real estate market: volume of 1 bedroom homes stayed the same, volume of 2 bedrooms homes stayed the same, 3 bedrooms homes became 25% more available, number of 4 bedrooms homes remained the same, 5 bedrooms homes inventory decreased by 20%. In November 2022 more than 2 listings in Baldwin, MD were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 0 were sold below.

Related Housing Market Reports