Is Baldwin, GA 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, Baldwin has remained a Seller's Market.
Housing Prices in Baldwin, GA
How much do homes in Baldwin, GA cost?
Median Sold Price
$245,000
$169/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Baldwin was $245,000 in May 2024, down 20% from last year, and the median price per square foot was $169.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $193K | N/A |
2 Bedrooms | $181K | $225K | +24.3% |
3 Bedrooms | $306.3K | $239.9K | -21.7% |
4 Bedrooms | $487.5K | $370K | -24.1% |
5+ Bedrooms | $420K | $495.5K | +18.0% |
Summary: Baldwin 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 24.3%, 3 bedroom homes decreased by 21.7%, 4 bedroom homes decreased by 24.1%, and 5+ bedroom homes increased by 18%.
Median Sold Price Compared To Nearby Cities
Martin-Avalon | $245K | $272.4K | +11.2% |
Baldwin | $299.9K | $295K | -1.6% |
Alto | $278K | $265K | -4.7% |
Baldwin | $306.3K | $245K | -20.0% |
Housing Supply in Baldwin, GA
How many homes are available in Baldwin, GA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
19 | 16 | -15.8% |
Summary: The Baldwin real estate market had 16 homes for sale in May 2024, a 15.8% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 4 | 4 | 0.0% |
3 Bedrooms | 8 | 4 | -50.0% |
4 Bedrooms | 4 | 5 | +25.0% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Baldwin 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 remained the same, 3 bedroom homes decreased by 50%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
5 | 5 | 0.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Baldwin in May 2024, the same as the previous month. Of the 5 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Baldwin, GA
How long does it take to sell a home in Baldwin, GA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
58 Days | 34 Days | -41.2% |
Summary: Homes in Baldwin had an average of 34 days on market in May 2024, down by 41.2% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 5 homes were sold in Baldwin; 60% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.