Is Baldwin Township, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Baldwin Township is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Baldwin Township, NC

How much do homes in Baldwin Township, NC cost?

Median Sold Price

$644,975

$267/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$40,475(+6.7%)

Key Takeaway

Homes in Baldwin Township have sold for 6.7% more than they did a year ago.

Summary: The median home sold price in Baldwin Township was $644,975 in October 2024, up 6.7% from last year, and the median price per square foot was $267.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $410.7K$433K
+5.4%
3 $519.4K$550K
+5.9%
4 $728.7K$765K
+5.0%
5+ $1.0M$953.5K
-6.2%

Summary: Baldwin Township 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 5.4%, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 5%, and 5+ bedroom homes decreased by 6.2%.

Median Sold Price Compared To Nearby Cities

New Hope Township
+18.6%
Baldwin Township
+6.7%
Bingham Township
+4.8%
Williams Township
+3.2%
Hadley Township
+1.6%

Housing Supply in Baldwin Township, NC

How many homes are available in Baldwin Township, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
6872+5.9%

Summary: The Baldwin Township real estate market had 72 homes for sale in October 2024, a 5.9% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 3131
0.0%
4 2633
+26.9%
5+ 86
-25.0%

Summary: The Baldwin Township 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 decreased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 26.9%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1314+7.7%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Baldwin Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 14 homes were sold or pending in Baldwin Township in October 2024, up by 7.7% month-over-month. Of the 14 sold homes, 50% were sold under asking, 21% were sold at asking, and 29% were sold over asking.

Days on Market for Baldwin Township, NC

How long does it take to sell a home in Baldwin Township, NC?

Average Sale Time

Oct 2023Oct 2024CHANGE
71 Days37 Days-47.0%

Summary: Homes in Baldwin Township had an average of 37 days on market in Oct 2024, down by 47% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 14 homes were sold in Baldwin Township; 43% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 7% 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 Baldwin Township, NC

Nearby Markets to Baldwin Township, NC

What housing markets are near Baldwin Township, NC?