Is Baldwin Township, PA 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.
Key Takeaway
Baldwin Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Baldwin Township, PA
How much do homes in Baldwin Township, PA cost?
Median Sold Price
$190,250
$182/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Baldwin Township have sold for 1.2% more than they did a year ago.
Summary: The median home sold price in Baldwin Township was $190,250 in May 2024, up 1.2% from last year, and the median price per square foot was $182.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $169.7K | $169.9K | 0.1% |
| 3 Bedrooms | $205K | $194.9K | -4.9% |
| 4 Bedrooms | $228K | $339.9K | +49.1% |
| 5+ Bedrooms | - | - | N/A |
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 0.1%, 3 bedroom homes decreased by 4.9%, 4 bedroom homes increased by 49.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Castle Shannon | $185K | $195K | +5.4% |
| Mount Lebanon Township | $365K | $383.3K | +5.0% |
| Pittsburgh | $230.7K | $241.5K | +4.7% |
| Baldwin Township | $188K | $190.2K | +1.2% |
Housing Supply in Baldwin Township, PA
How many homes are available in Baldwin Township, PA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 7 | 5 | -28.6% |
Summary: The Baldwin Township real estate market had 5 homes for sale in May 2024, a 28.6% 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 5 | 3 | -40.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
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 remained the same, 3 bedroom homes decreased by 40%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Baldwin Township, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Baldwin Township in May 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Baldwin Township, PA
How long does it take to sell a home in Baldwin Township, PA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 3 Days | 29 Days | +888.9% |
Summary: Homes in Baldwin Township had an average of 29 days on market in May 2024, up by 888.9% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Baldwin Township has remained consistent over time.
Summary: During May 2024, 3 homes were sold in Baldwin Township; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
