Is Baxter Springs, KS a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Baxter Springs is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Baxter Springs was a Seller's Market.

Key Takeaway

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

Housing Prices in Baxter Springs, KS

How much do homes in Baxter Springs, KS cost?

Median Sold Price

$115,900

$93/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$25,900(+28.8%)

Key Takeaway

Homes in Baxter Springs have sold for 28.8% more than they did a year ago.

Summary: The median home sold price in Baxter Springs was $115,900 in November 2024, up 28.8% from last year, and the median price per square foot was $93.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $15.5K$26K
+67.7%
2 $53K$73.9K
+39.4%
3 $118K$129K
+9.4%
4 $139.5K$240K
+72.0%
5+ $210K-
N/A

Summary: Baxter Springs housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 67.7%, 2 bedroom homes increased by 39.4%, 3 bedroom homes increased by 9.4%, 4 bedroom homes increased by 72%, and 5+ bedroom homes did not change.

Housing Supply in Baxter Springs, KS

How many homes are available in Baxter Springs, KS?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4139-4.9%

Summary: The Baxter Springs real estate market had 39 homes for sale in November 2024, a 4.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 54
-20.0%
2 76
-14.3%
3 2019
-5.0%
4 77
0.0%
5+ 23
+50.0%

Summary: The Baxter Springs housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes decreased by 14.3%, 3 bedroom homes decreased by 5%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
73-57.1%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Baxter Springs, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 3 homes were sold or pending in Baxter Springs in November 2024, down by 57.1% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Baxter Springs, KS

How long does it take to sell a home in Baxter Springs, KS?

Average Sale Time

Nov 2023Nov 2024CHANGE
63 Days152 Days+141.3%

Summary: Homes in Baxter Springs had an average of 152 days on market in Nov 2024, up by 141.3% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 3 homes were sold in Baxter Springs; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% 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

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