Is Baldwin Park, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Baldwin Park is a neutral's market

Buyer's
Market

Difference Since August 2023

At the same time last year, Baldwin Park was a Seller's Market.

Key Takeaway

Baldwin Park is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Baldwin Park, FL

How much do homes in Baldwin Park, FL cost?

Median Sold Price

$739,500

$374/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2023

+$57,500(+8.4%)

Key Takeaway

Homes in Baldwin Park have sold for 8.4% more than they did a year ago.

Summary: The median home sold price in Baldwin Park was $739,500 in August 2024, up 8.4% from last year, and the median price per square foot was $374.

Median Sold Price By Bedroom Count

# BEDSAug 2023Aug 2024CHANGE
1 --
N/A
2 $550K$530K
-3.6%
3 $665K$690.5K
+3.8%
4 $1.1M$1.1M
+0.9%
5+ $1.8M$1.8M
-1.9%

Summary: Baldwin Park housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 3.6%, 3 bedroom homes increased by 3.8%, 4 bedroom homes increased by 0.9%, and 5+ bedroom homes decreased by 1.9%.

Median Sold Price Compared To Nearby Neighborhoods

Baldwin Park
+8.4%
Audubon Park
-3.2%

Housing Supply in Baldwin Park, FL

How many homes are available in Baldwin Park, FL?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
50500.0%

Summary: The Baldwin Park real estate market had 50 homes for sale in August 2024, the same as July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 00
0.0%
2 33
0.0%
3 3031
+3.3%
4 1010
0.0%
5+ 76
-14.3%

Summary: The Baldwin Park housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 3.3%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 14.3%.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
118-27.3%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Baldwin Park, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Baldwin Park in August 2024, down by 27.3% month-over-month. Of the 8 sold homes, 63% were sold under asking, 25% were sold at asking, and 13% were sold over asking.

Days on Market for Baldwin Park, FL

How long does it take to sell a home in Baldwin Park, FL?

Average Sale Time

Aug 2023Aug 2024CHANGE
22 Days99 Days+341.3%

Summary: Homes in Baldwin Park had an average of 99 days on market in Aug 2024, up by 341.3% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Baldwin Park are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During August 2024, 8 homes were sold in Baldwin Park; 38% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 50% 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 27 Days Ago

Newest Listings in Baldwin Park, FL

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