Is Baker, WV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Baker has remained a Seller's Market.
Key Takeaway
Baker is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Baker, WV
How much do homes in Baker, WV cost?
Median Sold Price
$540,000
$250/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Key Takeaway
Homes in Baker have sold for 4.4% less than they did a month ago.
Summary: The median home sold price in Baker was $540,000 in April 2024, down 4.4% from last month, and the median price per square foot was $250.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $565K | $410K | -27.4% |
| 4 Bedrooms | $647K | $670K | +3.6% |
| 5+ Bedrooms | - | - | N/A |
Summary: Baker housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 27.4%, 4 bedroom homes increased by 3.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Baker | $565K | $540K | -4.4% |
| Lost River | $550K | $449.9K | -18.2% |
| Lost City | $662.5K | $449.9K | -32.1% |
Housing Supply in Baker, WV
How many homes are available in Baker, WV?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 7 | 4 | -42.9% |
Summary: The Baker real estate market had 4 homes for sale in April 2024, a 42.9% 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 3 | 2 | -33.3% |
| 4 Bedrooms | 3 | 1 | -66.7% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Baker 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 remained the same, 3 bedroom homes decreased by 33.3%, 4 bedroom homes decreased by 66.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Baker, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Baker in April 2024, down by 33.3% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Baker, WV
How long does it take to sell a home in Baker, WV?
Average Sale Time
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 223 Days | 20 Days | -91.1% |
Summary: Homes in Baker had an average of 20 days on market in Apr 2024, down by 91.1% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Baker are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 2 homes were sold in Baker; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
