Is Baldwin Township, NC 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 Township has remained a Seller's Market.
Key Takeaway
Baldwin Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Baldwin Township, NC
How much do homes in Baldwin Township, NC cost?
Median Sold Price
$625,000
$260/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Baldwin Township have sold for 4.2% more than they did a year ago.
Summary: The median home sold price in Baldwin Township was $625,000 in April 2024, up 4.2% from last year, and the median price per square foot was $260.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $396.2K | $475K | +19.9% |
| 3 Bedrooms | $500K | $522.5K | +4.5% |
| 4 Bedrooms | $727.2K | $761.5K | +4.7% |
| 5+ Bedrooms | $810K | $908.8K | +12.2% |
Summary: Baldwin Township 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 increased by 19.9%, 3 bedroom homes increased by 4.5%, 4 bedroom homes increased by 4.7%, and 5+ bedroom homes increased by 12.2%.
Median Sold Price Compared To Nearby Cities
| Bingham Township | $420K | $527.5K | +25.6% |
| Williams Township | $707.1K | $787.6K | +11.4% |
| New Hope Township | $1.0M | $1.0M | +8.1% |
| Hadley Township | $775K | $835K | +7.7% |
| Baldwin Township | $600K | $625K | +4.2% |
Housing Supply in Baldwin Township, NC
How many homes are available in Baldwin Township, NC?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 83 | 87 | +4.8% |
Summary: The Baldwin Township real estate market had 87 homes for sale in April 2024, a 4.8% 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 | 7 | 8 | +14.3% |
| 3 Bedrooms | 39 | 40 | +2.6% |
| 4 Bedrooms | 32 | 34 | +6.3% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Baldwin Township 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 increased by 14.3%, 3 bedroom homes increased by 2.6%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 14 | 25 | +78.6% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Baldwin Township, expect to pay close to the asking price. 40% of homes here sold near the asking price last month.
Summary: A total of 25 homes were sold or pending in Baldwin Township in April 2024, up by 78.6% month-over-month. Of the 25 sold homes, 28% were sold under asking, 40% were sold at asking, and 32% were sold over asking.
Days on Market for Baldwin Township, NC
How long does it take to sell a home in Baldwin Township, NC?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 91 Days | 18 Days | -79.7% |
Summary: Homes in Baldwin Township had an average of 18 days on market in Apr 2024, down by 79.7% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Baldwin Township are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 25 homes were sold in Baldwin Township; 76% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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