$175,000
0.56 Acres
Land
Teri Mohler, Listing Office: eXp Realty Southern Branch
Is Baldwin County, AL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Baldwin County was a Seller's Market.
Key Takeaway
Baldwin County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Baldwin County, AL
How much do homes in Baldwin County, AL cost?
Median Sold Price
$388,299
$195/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$8,335(+2.2%)
Key Takeaway
Homes in Baldwin County have sold for 2.2% more than they did a year ago.
Summary: The median home sold price in Baldwin County was $388,299 in November 2024, up 2.2% from last year, and the median price per square foot was $195.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $362.5K | $369K | +1.8% |
| 2 Bedrooms | $395K | $379.7K | -3.9% |
| 3 Bedrooms | $339.5K | $341K | 0.4% |
| 4 Bedrooms | $394.6K | $409.9K | +3.9% |
| 5+ Bedrooms | $645.4K | $645.7K | 0.0% |
Summary: Baldwin County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.8%, 2 bedroom homes decreased by 3.9%, 3 bedroom homes increased by 0.4%, 4 bedroom homes increased by 3.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Counties
| Escambia County | $178K | $189K | +6.2% |
| Baldwin County | $379.9K | $388.2K | +2.2% |
| Mobile County | $239.9K | $244.7K | +2.0% |
| Escambia County | $295.1K | $294.5K | -0.2% |
Housing Supply in Baldwin County, AL
How many homes are available in Baldwin County, AL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3,685 | 3,809 | +3.4% |
Summary: The Baldwin County real estate market had 3,809 homes for sale in November 2024, a 3.4% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 166 | 171 | +3.0% |
| 2 Bedrooms | 653 | 687 | +5.2% |
| 3 Bedrooms | 1,503 | 1,577 | +4.9% |
| 4 Bedrooms | 1,066 | 1,072 | +0.6% |
| 5+ Bedrooms | 297 | 302 | +1.7% |
Summary: The Baldwin County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 3%, 2 bedroom homes increased by 5.2%, 3 bedroom homes increased by 4.9%, 4 bedroom homes increased by 0.6%, and 5+ bedroom homes increased by 1.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 455 | 384 | -15.6% |
Asking Price vs. Sold Price
240 Homes Were Sold
Under Asking
86 Homes Were Sold
At Asking
25 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Baldwin County, you may be able to get a good deal. 68.4% of homes here sold below asking price last month.
Summary: A total of 384 homes were sold or pending in Baldwin County in November 2024, down by 15.6% month-over-month. Of the 351 sold homes, 68% were sold under asking, 25% were sold at asking, and 7% were sold over asking.
Days on Market for Baldwin County, AL
How long does it take to sell a home in Baldwin County, AL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 44 Days | 61 Days | +37.1% |
Summary: Homes in Baldwin County had an average of 61 days on market in Nov 2024, up by 37.1% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Baldwin County are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 384 homes were sold in Baldwin County; 1% of homes were sold within 30 days, 1% of homes were sold within 30 to 90 days, and 1% of homes were sold over 90 days.
Listing information Copyright © 2024 Baldwin County Association of REALTORS®, Inc. All rights reserved. MLS IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
The data relating to real estate for sale on this site comes in part from the Broker Reciprocity/IDX program of the Greater Alabama Multiple Listing Service, Inc. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the content is not guaranteed accurate by the MLS. There is no express or implied warranty by MLS of the accuracy of information which should be independently verified. The Greater Alabama Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Copyright© 2024 Greater Alabama Multiple Listing Service, Inc. All Rights Reserved.