Is Baker, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Baker is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Baker has remained a Seller's Market.

Key Takeaway

Baker is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Baker, FL

How much do homes in Baker, FL cost?

Median Sold Price

$350,500

$197/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$42,500(+13.8%)

Key Takeaway

Homes in Baker have sold for 13.8% more than they did a year ago.

Summary: The median home sold price in Baker was $350,500 in November 2024, up 13.8% from last year, and the median price per square foot was $197.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$29K
N/A
2 $199.9K$272.9K
+36.5%
3 $279.9K$298.9K
+6.8%
4 $399.9K$383.2K
-4.2%
5+ -$561.5K
N/A

Summary: Baker housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 36.5%, 3 bedroom homes increased by 6.8%, 4 bedroom homes decreased by 4.2%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Holt
+44.9%
Baker
+13.8%

Housing Supply in Baker, FL

How many homes are available in Baker, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5350-5.7%

Summary: The Baker real estate market had 50 homes for sale in November 2024, a 5.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 87
-12.5%
3 2120
-4.8%
4 2020
0.0%
5+ 32
-33.3%

Summary: The Baker housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 12.5%, 3 bedroom homes decreased by 4.8%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
39+200.0%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Baker, you may be able to get a good deal. 77.8% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in Baker in November 2024, up by 200.0% month-over-month. Of the 9 sold homes, 78% were sold under asking, 22% 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

Nov 2023Nov 2024CHANGE
114 Days124 Days+8.7%

Summary: Homes in Baker had an average of 124 days on market in Nov 2024, up by 8.7% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Baker has remained consistent over time.

Summary: During November 2024, 9 homes were sold in Baker; 0% of homes were sold within 30 days, 56% of homes were sold within 30 to 90 days, and 44% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in Baker, FL

Nearby Markets to Baker, FL