Is Baldwin County, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Baldwin County is a buyer's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

Baldwin County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Baldwin County, GA

How much do homes in Baldwin County, GA cost?

Median Sold Price

$252,550

$142/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$16,200(-6.0%)

Key Takeaway

Homes in Baldwin County have sold for 6% less than they did a year ago.

Summary: The median home sold price in Baldwin County was $252,550 in November 2024, down 6% from last year, and the median price per square foot was $142.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $87.2K$553.9K
+534.9%
2 $145K$129K
-11.0%
3 $231.4K$228K
-1.5%
4 $367.5K$331K
-9.9%
5+ $409.5K$478.7K
+16.9%

Summary: Baldwin County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 534.9%, 2 bedroom homes decreased by 11%, 3 bedroom homes decreased by 1.5%, 4 bedroom homes decreased by 9.9%, and 5+ bedroom homes increased by 16.9%.

Median Sold Price Compared To Nearby Counties

Putnam County
+11.9%
Washington County
+11.0%
Wilkinson County
+10.9%
Hancock County
-0.6%
Baldwin County
-6.0%

Housing Supply in Baldwin County, GA

How many homes are available in Baldwin County, GA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
159147-7.5%

Summary: The Baldwin County real estate market had 147 homes for sale in November 2024, a 7.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 1412
-14.3%
3 7269
-4.2%
4 5548
-12.7%
5+ 1717
0.0%

Summary: The Baldwin County 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 14.3%, 3 bedroom homes decreased by 4.2%, 4 bedroom homes decreased by 12.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3121-32.3%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

7 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 County, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.

Summary: A total of 21 homes were sold or pending in Baldwin County in November 2024, down by 32.3% month-over-month. Of the 18 sold homes, 56% were sold under asking, 39% were sold at asking, and 6% were sold over asking.

Days on Market for Baldwin County, GA

How long does it take to sell a home in Baldwin County, GA?

Average Sale Time

Nov 2023Nov 2024CHANGE
39 Days74 Days+90.5%

Summary: Homes in Baldwin County had an average of 74 days on market in Nov 2024, up by 90.5% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Baldwin County has remained consistent over time.

Summary: During November 2024, 21 homes were sold in Baldwin County; 29% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 29% 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 20 Days Ago

Newest Listings in Baldwin County, GA

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