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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Baldwin County is a neutral's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Baldwin County was a Seller's Market.

Key Takeaway

Baldwin County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Baldwin County, GA

How much do homes in Baldwin County, GA cost?

Median Sold Price

$250,000

$136/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$5,525(+2.3%)

Key Takeaway

Homes in Baldwin County have sold for 2.3% more than they did a year ago.

Summary: The median home sold price in Baldwin County was $250,000 in April 2024, up 2.3% from last year, and the median price per square foot was $136.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $124.5K$57.5K
-53.8%
2 $119.5K$150K
+25.5%
3 $229.9K$225K
-2.1%
4 $335K$350K
+4.5%
5+ $397.5K$319K
-19.7%

Summary: Baldwin County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 53.8%, 2 bedroom homes increased by 25.5%, 3 bedroom homes decreased by 2.1%, 4 bedroom homes increased by 4.5%, and 5+ bedroom homes decreased by 19.7%.

Median Sold Price Compared To Nearby Counties

Baldwin County
+2.3%
Hancock County
+1.8%
Putnam County
+1.7%
Washington County
-6.7%
Wilkinson County
-21.4%

Housing Supply in Baldwin County, GA

How many homes are available in Baldwin County, GA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
140146+4.3%

Summary: The Baldwin County real estate market had 146 homes for sale in April 2024, a 4.3% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 13
+200.0%
2 811
+37.5%
3 6670
+6.1%
4 5248
-7.7%
5+ 1314
+7.7%

Summary: The Baldwin County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes increased by 37.5%, 3 bedroom homes increased by 6.1%, 4 bedroom homes decreased by 7.7%, and 5+ bedroom homes increased by 7.7%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
3623-36.1%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Baldwin County, you may be able to get a good deal. 59.1% of homes here sold below asking price last month.

Summary: A total of 23 homes were sold or pending in Baldwin County in April 2024, down by 36.1% month-over-month. Of the 22 sold homes, 59% were sold under asking, 32% were sold at asking, and 9% were sold over asking.

Days on Market for Baldwin County, GA

How long does it take to sell a home in Baldwin County, GA?

Average Sale Time

Apr 2023Apr 2024CHANGE
50 Days65 Days+30.2%

Summary: Homes in Baldwin County had an average of 65 days on market in Apr 2024, up by 30.2% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 23 homes were sold in Baldwin County; 39% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 26% 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 12 Days Ago

Newest Listings in Baldwin County, GA

Nearby Markets to Baldwin County, GA

What housing markets are near Baldwin County, GA?