Is Baldwinsville, NY 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, Baldwinsville was a Neutral Market.
Key Takeaway
Baldwinsville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Baldwinsville, NY
How much do homes in Baldwinsville, NY cost?
Median Sold Price
$270,000
$161/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Baldwinsville have sold for 10.2% more than they did a year ago.
Summary: The median home sold price in Baldwinsville was $270,000 in March 2024, up 10.2% from last year, and the median price per square foot was $161.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $96.1K | $124.9K | +29.9% |
| 2 Bedrooms | $159.5K | $181.5K | +13.8% |
| 3 Bedrooms | $230K | $265K | +15.2% |
| 4 Bedrooms | $329.5K | $362.5K | +10.0% |
| 5+ Bedrooms | $477.5K | $435K | -8.9% |
Summary: Baldwinsville housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 29.9%, 2 bedroom homes increased by 13.8%, 3 bedroom homes increased by 15.2%, 4 bedroom homes increased by 10%, and 5+ bedroom homes decreased by 8.9%.
Housing Supply in Baldwinsville, NY
How many homes are available in Baldwinsville, NY?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 110 | 114 | +3.6% |
Summary: The Baldwinsville real estate market had 114 homes for sale in March 2024, a 3.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 27 | 32 | +18.5% |
| 3 Bedrooms | 43 | 45 | +4.7% |
| 4 Bedrooms | 32 | 29 | -9.4% |
| 5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The Baldwinsville 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 18.5%, 3 bedroom homes increased by 4.7%, 4 bedroom homes decreased by 9.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 16 | 23 | +43.8% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
12 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Baldwinsville, you could pay more than the asking price. 52.2% of homes here sold above asking price last month.
Summary: A total of 23 homes were sold or pending in Baldwinsville in March 2024, up by 43.8% month-over-month. Of the 23 sold homes, 43% were sold under asking, 4% were sold at asking, and 52% were sold over asking.
Days on Market for Baldwinsville, NY
How long does it take to sell a home in Baldwinsville, NY?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 33 Days | 23 Days | -29.1% |
Summary: Homes in Baldwinsville had an average of 23 days on market in Mar 2024, down by 29.1% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Baldwinsville are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 23 homes were sold in Baldwinsville; 74% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
