Is Baxter Springs, KS a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Baxter Springs is a seller's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Baxter Springs was a Neutral Market.

Key Takeaway

Baxter Springs is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Baxter Springs, KS

How much do homes in Baxter Springs, KS cost?

Median Sold Price

$113,150

$81/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$20,650(+22.3%)

Key Takeaway

Homes in Baxter Springs have sold for 22.3% more than they did a year ago.

Summary: The median home sold price in Baxter Springs was $113,150 in April 2024, up 22.3% from last year, and the median price per square foot was $81.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $28.7K$16K
-44.3%
2 $76.6K$40K
-47.8%
3 $100K$132.8K
+32.8%
4 $124.7K$235K
+88.4%
5+ $279K$210K
-24.7%

Summary: Baxter Springs housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 44.3%, 2 bedroom homes decreased by 47.8%, 3 bedroom homes increased by 32.8%, 4 bedroom homes increased by 88.4%, and 5+ bedroom homes decreased by 24.7%.

Housing Supply in Baxter Springs, KS

How many homes are available in Baxter Springs, KS?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2339+69.6%

Summary: The Baxter Springs real estate market had 39 homes for sale in April 2024, a 69.6% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 10
-100.0%
2 610
+66.7%
3 919
+111.1%
4 710
+42.9%
5+ 00
0.0%

Summary: The Baxter Springs housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 66.7%, 3 bedroom homes increased by 111.1%, 4 bedroom homes increased by 42.9%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
47+75.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Baxter Springs, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Baxter Springs in April 2024, up by 75.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.

Days on Market for Baxter Springs, KS

How long does it take to sell a home in Baxter Springs, KS?

Average Sale Time

Apr 2023Apr 2024CHANGE
92 Days43 Days-52.9%

Summary: Homes in Baxter Springs had an average of 43 days on market in Apr 2024, down by 52.9% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Baxter Springs has remained consistent over time.

Summary: During April 2024, 7 homes were sold in Baxter Springs; 14% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

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