Is Baldwinsville, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Baldwinsville is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Baldwinsville, NY

How much do homes in Baldwinsville, NY cost?

Median Sold Price

$285,000

$176/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$24,620(+9.5%)

Key Takeaway

Homes in Baldwinsville have sold for 9.5% more than they did a year ago.

Summary: The median home sold price in Baldwinsville was $285,000 in October 2024, up 9.5% from last year, and the median price per square foot was $176.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $142.5K$121.7K
-14.6%
2 $180K$215K
+19.4%
3 $257K$275.5K
+7.2%
4 $350K$366.2K
+4.6%
5+ $432.5K$480K
+11.0%

Summary: Baldwinsville housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 14.6%, 2 bedroom homes increased by 19.4%, 3 bedroom homes increased by 7.2%, 4 bedroom homes increased by 4.6%, and 5+ bedroom homes increased by 11%.

Median Sold Price Compared To Nearby Cities

Van Buren
+20.5%
Baldwinsville
+9.5%
Lysander
+8.0%

Housing Supply in Baldwinsville, NY

How many homes are available in Baldwinsville, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
151127-15.9%

Summary: The Baldwinsville real estate market had 127 homes for sale in October 2024, a 15.9% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 31
-66.7%
2 3024
-20.0%
3 7867
-14.1%
4 3129
-6.5%
5+ 96
-33.3%

Summary: The Baldwinsville housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 66.7%, 2 bedroom homes decreased by 20%, 3 bedroom homes decreased by 14.1%, 4 bedroom homes decreased by 6.5%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
3828-26.3%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

21 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Baldwinsville, you could pay more than the asking price. 75% of homes here sold above asking price last month.

Summary: A total of 28 homes were sold or pending in Baldwinsville in October 2024, down by 26.3% month-over-month. Of the 28 sold homes, 14% were sold under asking, 11% were sold at asking, and 75% were sold over asking.

Days on Market for Baldwinsville, NY

How long does it take to sell a home in Baldwinsville, NY?

Average Sale Time

Oct 2023Oct 2024CHANGE
12 Days10 Days-16.6%

Summary: Homes in Baldwinsville had an average of 10 days on market in Oct 2024, down by 16.6% compared to last year.

Breakdown of Home Sale Times

25 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Baldwinsville are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 28 homes were sold in Baldwinsville; 89% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 0% 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

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