Is Baldwin, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Baldwin is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Baldwin has remained a Seller's Market.

Key Takeaway

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

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

-$61,300(-20.0%)

Key Takeaway

Homes in Baldwin have sold for 20% less than they did a year ago.

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

# BEDSMay 2023May 2024CHANGE
1 -$193K
N/A
2 $181K$225K
+24.3%
3 $306.3K$239.9K
-21.7%
4 $487.5K$370K
-24.1%
5+ $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
+11.2%
Baldwin
-1.6%
Alto
-4.7%
Baldwin
-20.0%

Housing Supply in Baldwin, GA

How many homes are available in Baldwin, GA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
1916-15.8%

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

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 44
0.0%
3 84
-50.0%
4 45
+25.0%
5+ 33
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 2024May 2024CHANGE
550.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Baldwin, you may be able to get a good deal. 100% of homes here sold below asking price last month.

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 2023May 2024CHANGE
58 Days34 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

Breakdown of Home Sale Times

Key Takeaway

Many homes in Baldwin are selling fast, if you're buying plan to act quickly.

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.

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

Report Updated 1 Day Ago

Newest Listings in Baldwin, GA

Nearby Markets to Baldwin, GA

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