Is Baldwin Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Baldwin Township was a Seller's Market.
Key Takeaway
Baldwin Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Baldwin Township, NC
How much do homes in Baldwin Township, NC cost?
Median Sold Price
$615,000
$258/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Baldwin Township have sold for 2.5% more than they did a year ago.
Summary: The median home sold price in Baldwin Township was $615,000 in March 2024, up 2.5% from last year, and the median price per square foot was $258.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $406.2K | $415K | +2.2% |
| 3 Bedrooms | $501K | $518.9K | +3.6% |
| 4 Bedrooms | $744.9K | $755K | +1.3% |
| 5+ Bedrooms | $795K | $908.8K | +14.3% |
Summary: Baldwin Township 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 2.2%, 3 bedroom homes increased by 3.6%, 4 bedroom homes increased by 1.3%, and 5+ bedroom homes increased by 14.3%.
Median Sold Price Compared To Nearby Cities
| Hadley Township | $749.9K | $825K | +10.0% |
| Williams Township | $709.2K | $774.3K | +9.2% |
| Baldwin Township | $600K | $615K | +2.5% |
| New Hope Township | $1.0M | $1.0M | -1.8% |
Housing Supply in Baldwin Township, NC
How many homes are available in Baldwin Township, NC?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 75 | 89 | +18.7% |
Summary: The Baldwin Township real estate market had 89 homes for sale in March 2024, a 18.7% 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 | 2 | 7 | +250.0% |
| 3 Bedrooms | 37 | 39 | +5.4% |
| 4 Bedrooms | 33 | 37 | +12.1% |
| 5+ Bedrooms | 3 | 6 | +100.0% |
Summary: The Baldwin Township 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 increased by 250%, 3 bedroom homes increased by 5.4%, 4 bedroom homes increased by 12.1%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 18 | 14 | -22.2% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Baldwin Township, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in Baldwin Township in March 2024, down by 22.2% month-over-month. Of the 14 sold homes, 57% were sold under asking, 29% were sold at asking, and 14% were sold over asking.
Days on Market for Baldwin Township, NC
How long does it take to sell a home in Baldwin Township, NC?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 136 Days | 85 Days | -37.1% |
Summary: Homes in Baldwin Township had an average of 85 days on market in Mar 2024, down by 37.1% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Baldwin Township has remained consistent over time.
Summary: During March 2024, 14 homes were sold in Baldwin Township; 0% of homes were sold within 30 days, 71% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.
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