Is Baldwin, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 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
$306,930
$188/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Baldwin have sold for 4% more than they did a year ago.
Summary: The median home sold price in Baldwin was $306,930 in March 2024, up 4% from last year, and the median price per square foot was $188.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $174.9K | $640K | +265.9% |
| 2 Bedrooms | $229.9K | $275.5K | +19.8% |
| 3 Bedrooms | $292.4K | $320K | +9.4% |
| 4 Bedrooms | $335K | $303.7K | -9.3% |
| 5+ Bedrooms | $295K | $180K | -39.0% |
Summary: Baldwin housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 265.9%, 2 bedroom homes increased by 19.8%, 3 bedroom homes increased by 9.4%, 4 bedroom homes decreased by 9.3%, 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
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 43 | 50 | +16.3% |
Summary: The Baldwin real estate market had 50 homes for sale in March 2024, a 16.3% 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 | 16 | 17 | +6.3% |
| 3 Bedrooms | 9 | 11 | +22.2% |
| 4 Bedrooms | 15 | 19 | +26.7% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Baldwin 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 6.3%, 3 bedroom homes increased by 22.2%, 4 bedroom homes increased by 26.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 6 | 13 | +116.7% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Baldwin, you may be able to get a good deal. 38.5% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in Baldwin in March 2024, up by 116.7% month-over-month. Of the 13 sold homes, 38% were sold under asking, 31% were sold at asking, and 31% 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
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 143 Days | 41 Days | -71.0% |
Summary: Homes in Baldwin had an average of 41 days on market in Mar 2024, down by 71% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Baldwin has remained consistent over time.
Summary: During March 2024, 13 homes were sold in Baldwin; 23% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
