Is Baxter Springs, KS 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, Baxter Springs has remained a Seller's Market.
Housing Prices in Baxter Springs, KS
How much do homes in Baxter Springs, KS cost?
Median Sold Price
$115,450
$82/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Baxter Springs was $115,450 in May 2024, up 28.3% from last year, and the median price per square foot was $82.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $16K | $15K | -6.3% |
2 Bedrooms | $73.3K | $44K | -40.0% |
3 Bedrooms | $102.5K | $124K | +21.0% |
4 Bedrooms | $160K | $220K | +37.5% |
5+ Bedrooms | $279K | $210K | -24.7% |
Summary: Baxter Springs housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.3%, 2 bedroom homes decreased by 40%, 3 bedroom homes increased by 21%, 4 bedroom homes increased by 37.5%, and 5+ bedroom homes decreased by 24.7%.
Median Sold Price Compared To Nearby Cities
Garden Township | $130K | $195K | +50.0% |
Baxter Springs | $89.9K | $115.4K | +28.3% |
Housing Supply in Baxter Springs, KS
How many homes are available in Baxter Springs, KS?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
36 | 42 | +16.7% |
Summary: The Baxter Springs real estate market had 42 homes for sale in May 2024, a 16.7% increase 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 | 10 | 12 | +20.0% |
3 Bedrooms | 17 | 19 | +11.8% |
4 Bedrooms | 9 | 11 | +22.2% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Baxter Springs 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 increased by 20%, 3 bedroom homes increased by 11.8%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
7 | 10 | +42.9% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in Baxter Springs in May 2024, up by 42.9% month-over-month. Of the 9 sold homes, 56% were sold under asking, 11% were sold at asking, and 33% were sold over asking.
Days on Market for Baxter Springs, KS
How long does it take to sell a home in Baxter Springs, KS?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
69 Days | 76 Days | +10.4% |
Summary: Homes in Baxter Springs had an average of 76 days on market in May 2024, up by 10.4% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 10 homes were sold in Baxter Springs; 0% of homes were sold within 30 days, 70% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.