Is Baldwin, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Baldwin has remained a Seller's Market.
Key Takeaway
Baldwin is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Baldwin, WI
How much do homes in Baldwin, WI cost?
Median Sold Price
$310,225
$187/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Baldwin have sold for 4.8% more than they did a year ago.
Summary: The median home sold price in Baldwin was $310,225 in April 2024, up 4.8% from last year, and the median price per square foot was $187.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $174.9K | $640K | +265.9% |
| 2 Bedrooms | $234.9K | $285K | +21.3% |
| 3 Bedrooms | $296K | $325K | +9.8% |
| 4 Bedrooms | $335K | $310K | -7.5% |
| 5+ Bedrooms | $295K | $180K | -39.0% |
Summary: Baldwin housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 265.9%, 2 bedroom homes increased by 21.3%, 3 bedroom homes increased by 9.8%, 4 bedroom homes decreased by 7.5%, and 5+ bedroom homes decreased by 39%.
Housing Supply in Baldwin, WI
How many homes are available in Baldwin, WI?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 53 | 47 | -11.3% |
Summary: The Baldwin real estate market had 47 homes for sale in April 2024, a 11.3% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 17 | 11 | -35.3% |
| 3 Bedrooms | 12 | 11 | -8.3% |
| 4 Bedrooms | 20 | 19 | -5.0% |
| 5+ Bedrooms | 4 | 6 | +50.0% |
Summary: The Baldwin housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 35.3%, 3 bedroom homes decreased by 8.3%, 4 bedroom homes decreased by 5%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 15 | 10 | -33.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Baldwin, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 10 homes were sold or pending in Baldwin in April 2024, down by 33.3% month-over-month. Of the 10 sold homes, 30% were sold under asking, 20% were sold at asking, and 50% were sold over asking.
Days on Market for Baldwin, WI
How long does it take to sell a home in Baldwin, WI?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 147 Days | 88 Days | -40.2% |
Summary: Homes in Baldwin had an average of 88 days on market in Apr 2024, down by 40.2% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Baldwin are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 10 homes were sold in Baldwin; 20% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
