$10,000 Closing Credit*
$949,500
2,274 SqFt
4 Beds
•3 Full Baths
Maricela Quintanilla, Listing Office: Century 21 Masters
Is Baldwin Park, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, Baldwin Park has remained a Seller's Market.
Key Takeaway
Baldwin Park is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Baldwin Park, CA
How much do homes in Baldwin Park, CA cost?
Median Sold Price
$690,000
$539/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$40,000(+6.2%)
Key Takeaway
Homes in Baldwin Park have sold for 6.2% more than they did a year ago.
Summary: The median home sold price in Baldwin Park was $690,000 in December 2024, up 6.2% from last year, and the median price per square foot was $539.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $348.9K | $414.5K | +18.8% |
| 2 Bedrooms | $558K | $510K | -8.6% |
| 3 Bedrooms | $657K | $718.2K | +9.3% |
| 4 Bedrooms | $731K | $828K | +13.3% |
| 5+ Bedrooms | $907.5K | $1.1M | +23.1% |
Summary: Baldwin Park housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 18.8%, 2 bedroom homes decreased by 8.6%, 3 bedroom homes increased by 9.3%, 4 bedroom homes increased by 13.3%, and 5+ bedroom homes increased by 23.1%.
Median Sold Price Compared To Nearby Cities
| West Covina | $769.6K | $837.8K | +8.9% |
| Upper San Gabriel Valley | $955.3K | $1.0M | +7.8% |
| Baldwin Park | $650K | $690K | +6.2% |
Housing Supply in Baldwin Park, CA
How many homes are available in Baldwin Park, CA?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 73 | 67 | -8.2% |
Summary: The Baldwin Park real estate market had 67 homes for sale in December 2024, a 8.2% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 15 | 17 | +13.3% |
| 3 Bedrooms | 37 | 33 | -10.8% |
| 4 Bedrooms | 16 | 13 | -18.8% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Baldwin Park housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 13.3%, 3 bedroom homes decreased by 10.8%, 4 bedroom homes decreased by 18.8%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 16 | 23 | +43.8% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Baldwin Park, you could pay more than the asking price. 60.9% of homes here sold above asking price last month.
Summary: A total of 23 homes were sold or pending in Baldwin Park in December 2024, up by 43.8% month-over-month. Of the 23 sold homes, 26% were sold under asking, 13% were sold at asking, and 61% were sold over asking.
Days on Market for Baldwin Park, CA
How long does it take to sell a home in Baldwin Park, CA?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 26 Days | 27 Days | +3.0% |
Summary: Homes in Baldwin Park had an average of 27 days on market in Dec 2024, up by 3% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Baldwin Park are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 23 homes were sold in Baldwin Park; 65% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.