$10,000 Closing Credit*
$920,000
1,861 SqFt
4 Beds
•1 Full Bath, 3 Partial
Michelle Glass, Listing Office: Keller Williams Realty Urban Elite
Is Baker, CO 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, Baker was a Neutral Market.
Key Takeaway
Baker is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Baker, CO
How much do homes in Baker, CO cost?
Median Sold Price
$546,500
$489/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$71,000(-11.5%)
Key Takeaway
Homes in Baker have sold for 11.5% less than they did a year ago.
Summary: The median home sold price in Baker was $546,500 in November 2024, down 11.5% from last year, and the median price per square foot was $489.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $420K | $380K | -9.5% |
| 2 Bedrooms | $605K | $521.5K | -13.8% |
| 3 Bedrooms | $732.7K | $767.5K | +4.7% |
| 4 Bedrooms | $753K | $875K | +16.2% |
| 5+ Bedrooms | $917.5K | $1.1M | +24.2% |
Summary: Baker housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 9.5%, 2 bedroom homes decreased by 13.8%, 3 bedroom homes increased by 4.7%, 4 bedroom homes increased by 16.2%, and 5+ bedroom homes increased by 24.2%.
Housing Supply in Baker, CO
How many homes are available in Baker, CO?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 31 | 34 | +9.7% |
Summary: The Baker real estate market had 34 homes for sale in November 2024, a 9.7% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 3 | -57.1% |
| 2 Bedrooms | 9 | 14 | +55.6% |
| 3 Bedrooms | 7 | 8 | +14.3% |
| 4 Bedrooms | 6 | 7 | +16.7% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Baker housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 57.1%, 2 bedroom homes increased by 55.6%, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 8 | +60.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Baker, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 8 homes were sold or pending in Baker in November 2024, up by 60.0% month-over-month. Of the 8 sold homes, 38% were sold under asking, 50% were sold at asking, and 13% were sold over asking.
Days on Market for Baker, CO
How long does it take to sell a home in Baker, CO?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 89 Days | 14 Days | -84.3% |
Summary: Homes in Baker had an average of 14 days on market in Nov 2024, down by 84.3% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Baker are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 8 homes were sold in Baker; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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