Is Baker, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Baker has remained a Seller's Market.
Housing Prices in Baker, FL
How much do homes in Baker, FL cost?
Median Sold Price
$309,000
$191/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Baker was $309,000 in May 2024, down 12.9% from last year, and the median price per square foot was $191.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $29K | N/A |
2 Bedrooms | $190K | $199.9K | +5.2% |
3 Bedrooms | $325K | $275K | -15.4% |
4 Bedrooms | $380K | $399.9K | +5.2% |
5+ Bedrooms | $550K | $610K | +10.9% |
Summary: Baker housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5.2%, 3 bedroom homes decreased by 15.4%, 4 bedroom homes increased by 5.2%, and 5+ bedroom homes increased by 10.9%.
Housing Supply in Baker, FL
How many homes are available in Baker, FL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
43 | 41 | -4.7% |
Summary: The Baker real estate market had 41 homes for sale in May 2024, a 4.7% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 5 | 4 | -20.0% |
3 Bedrooms | 15 | 16 | +6.7% |
4 Bedrooms | 19 | 17 | -10.5% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Baker housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 20%, 3 bedroom homes increased by 6.7%, 4 bedroom homes decreased by 10.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
6 | 10 | +66.7% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in Baker in May 2024, up by 66.7% month-over-month. Of the 10 sold homes, 30% were sold under asking, 50% were sold at asking, and 20% were sold over asking.
Days on Market for Baker, FL
How long does it take to sell a home in Baker, FL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
73 Days | 61 Days | -15.9% |
Summary: Homes in Baker had an average of 61 days on market in May 2024, down by 15.9% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 10 homes were sold in Baker; 50% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.