Is Baldwin Township, NC 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 Township has remained a Seller's Market.
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 May 2023
Summary: The median home sold price in Baldwin Township was $625,000 in May 2024, up 4% from last year, and the median price per square foot was $260.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $392.5K | $440K | +12.1% |
3 Bedrooms | $500.5K | $525K | +4.9% |
4 Bedrooms | $727.2K | $755K | +3.8% |
5+ Bedrooms | $815K | $1.0M | +26.5% |
Summary: Baldwin Township 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 12.1%, 3 bedroom homes increased by 4.9%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes increased by 26.5%.
Median Sold Price Compared To Nearby Cities
Bingham Township | $437.5K | $540K | +23.4% |
New Hope Township | $940K | $1.1M | +19.0% |
Williams Township | $700.6K | $788.2K | +12.5% |
Hadley Township | $784.8K | $836.9K | +6.6% |
Baldwin Township | $600.8K | $625K | +4.0% |
Housing Supply in Baldwin Township, NC
How many homes are available in Baldwin Township, NC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
94 | 90 | -4.3% |
Summary: The Baldwin Township real estate market had 90 homes for sale in May 2024, a 4.3% 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 | 9 | 7 | -22.2% |
3 Bedrooms | 39 | 35 | -10.3% |
4 Bedrooms | 37 | 37 | 0.0% |
5+ Bedrooms | 9 | 11 | +22.2% |
Summary: The Baldwin Township 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 22.2%, 3 bedroom homes decreased by 10.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 22.2%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
25 | 33 | +32.0% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Summary: A total of 33 homes were sold or pending in Baldwin Township in May 2024, up by 32.0% month-over-month. Of the 33 sold homes, 39% were sold under asking, 15% were sold at asking, and 45% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
118 Days | 16 Days | -86.2% |
Summary: Homes in Baldwin Township had an average of 16 days on market in May 2024, down by 86.2% compared to last year.
Breakdown of Home Sale Times
25 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 33 homes were sold in Baldwin Township; 76% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.