$6,234 Closing Credit*
$525,000
2,464 SqFt
4 Beds
•2 Full Baths, 1 Partial
Chris Collins, Listing Office: ERA American Real Estate
Is Baker, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Baker was a Seller's Market.
Key Takeaway
Baker is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Baker, FL
How much do homes in Baker, FL cost?
Median Sold Price
$327,000
$195/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$2,000(+0.6%)
Key Takeaway
Homes in Baker have sold for 0.6% more than they did a year ago.
Summary: The median home sold price in Baker was $327,000 in October 2024, up 0.6% from last year, and the median price per square foot was $195.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $29K | N/A |
| 2 Bedrooms | $199.9K | $210K | +5.1% |
| 3 Bedrooms | $280K | $298.9K | +6.8% |
| 4 Bedrooms | $408.7K | $394.2K | -3.6% |
| 5+ Bedrooms | $587K | $561.5K | -4.3% |
Summary: Baker housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5.1%, 3 bedroom homes increased by 6.8%, 4 bedroom homes decreased by 3.6%, and 5+ bedroom homes decreased by 4.3%.
Housing Supply in Baker, FL
How many homes are available in Baker, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 48 | 48 | 0.0% |
Summary: The Baker real estate market had 48 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 3 | 5 | +66.7% |
| 3 Bedrooms | 22 | 20 | -9.1% |
| 4 Bedrooms | 19 | 19 | 0.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Baker housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 66.7%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 3 | -50.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Baker, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Baker in October 2024, down by 50.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Baker, FL
How long does it take to sell a home in Baker, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 57 Days | 92 Days | +61.9% |
Summary: Homes in Baker had an average of 92 days on market in Oct 2024, up by 61.9% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Baker are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 3 homes were sold in Baker; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange program of Central Panhandle Association of REALTORS®. 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. Information deemed reliable but not guaranteed. Properties subject to prior sale, change, withdrawal or rental. Copyright© 2024 Central Panhandle Association of REALTORS.© All Rights Reserved.