Is Baldwin, MD 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.
Housing Prices in Baldwin, MD
How much do homes in Baldwin, MD cost?
Median Sold Price
$649,000
$206/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Baldwin was $649,000 in April 2024, up 8.3% from last year, and the median price per square foot was $206.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $389K | $212.5K | -45.4% |
3 Bedrooms | $520K | $471.1K | -9.4% |
4 Bedrooms | $630K | $654.2K | +3.8% |
5+ Bedrooms | $803.5K | $933.7K | +16.2% |
Summary: Baldwin housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 45.4%, 3 bedroom homes decreased by 9.4%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes increased by 16.2%.
Median Sold Price Compared To Nearby Cities
Phoenix | $682.5K | $754.7K | +10.6% |
Baldwin | $599.5K | $649K | +8.3% |
Fallston | $540K | $530K | -1.9% |
Kingsville | $615K | $537.5K | -12.6% |
Housing Supply in Baldwin, MD
How many homes are available in Baldwin, MD?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
7 | 16 | +128.6% |
Summary: The Baldwin real estate market had 16 homes for sale in April 2024, a 128.6% increase 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 | 0 | -100.0% |
3 Bedrooms | 0 | 2 | +100.0% |
4 Bedrooms | 6 | 12 | +100.0% |
5+ Bedrooms | 0 | 2 | +100.0% |
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 100%, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 3 | +50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Baldwin in April 2024, up by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Baldwin, MD
How long does it take to sell a home in Baldwin, MD?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
45 Days | 6 Days | -86.7% |
Summary: Homes in Baldwin had an average of 6 days on market in Apr 2024, down by 86.7% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 3 homes were sold in Baldwin; 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.