$7,564 Closing Credit*
$637,000
2,499 SqFt
3 Beds
•2 Full Baths, 1 Partial
Justin Masterson, Listing Office: Coldwell Banker Realty
Is Baldwin, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Baldwin has remained a Seller's Market.
Key Takeaway
Baldwin is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Baldwin, MD
How much do homes in Baldwin, MD cost?
Median Sold Price
$649,950
$242/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$20,050(-3.0%)
Key Takeaway
Homes in Baldwin have sold for 3% less than they did a year ago.
Summary: The median home sold price in Baldwin was $649,950 in October 2024, down 3% from last year, and the median price per square foot was $242.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $155K | $225K | +45.2% |
| 3 Bedrooms | $490K | $475K | -3.1% |
| 4 Bedrooms | $676K | $731.2K | +8.2% |
| 5+ Bedrooms | $892.5K | $898.7K | +0.7% |
Summary: Baldwin 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 45.2%, 3 bedroom homes decreased by 3.1%, 4 bedroom homes increased by 8.2%, and 5+ bedroom homes increased by 0.7%.
Median Sold Price Compared To Nearby Cities
| Phoenix | $680K | $750K | +10.3% |
| Kingsville | $582.5K | $612.5K | +5.2% |
| Baldwin | $670K | $649.9K | -3.0% |
| Fallston | $564.9K | $530K | -6.2% |
Housing Supply in Baldwin, MD
How many homes are available in Baldwin, MD?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 19 | 16 | -15.8% |
Summary: The Baldwin real estate market had 16 homes for sale in October 2024, a 15.8% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 3 | 3 | 0.0% |
| 4 Bedrooms | 12 | 10 | -16.7% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Baldwin 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 4 | -20.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Baldwin, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 4 homes were sold or pending in Baldwin in October 2024, down by 20.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% were sold over asking.
Days on Market for Baldwin, MD
How long does it take to sell a home in Baldwin, MD?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 4 Days | 17 Days | +309.6% |
Summary: Homes in Baldwin had an average of 17 days on market in Oct 2024, up by 309.6% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Baldwin are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 4 homes were sold in Baldwin; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
