Is Baldwinsville, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Baldwinsville was a Seller's Market.
Key Takeaway
Baldwinsville is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Baldwinsville, NY
How much do homes in Baldwinsville, NY cost?
Median Sold Price
$278,025
$163/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Baldwinsville have sold for 13% more than they did a year ago.
Summary: The median home sold price in Baldwinsville was $278,025 in May 2024, up 13% from last year, and the median price per square foot was $163.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $97.4K | $127.4K | +30.8% |
| 2 Bedrooms | $166.7K | $193K | +15.8% |
| 3 Bedrooms | $230K | $275K | +19.6% |
| 4 Bedrooms | $329.5K | $362.5K | +10.0% |
| 5+ Bedrooms | $505K | $360K | -28.7% |
Summary: Baldwinsville housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 30.8%, 2 bedroom homes increased by 15.8%, 3 bedroom homes increased by 19.6%, 4 bedroom homes increased by 10%, and 5+ bedroom homes decreased by 28.7%.
Housing Supply in Baldwinsville, NY
How many homes are available in Baldwinsville, NY?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 117 | 131 | +12.0% |
Summary: The Baldwinsville real estate market had 131 homes for sale in May 2024, a 12.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 25 | 28 | +12.0% |
| 3 Bedrooms | 55 | 61 | +10.9% |
| 4 Bedrooms | 32 | 33 | +3.1% |
| 5+ Bedrooms | 3 | 6 | +100.0% |
Summary: The Baldwinsville housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 12%, 3 bedroom homes increased by 10.9%, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 19 | 21 | +10.5% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Baldwinsville, you could pay more than the asking price. 61.9% of homes here sold above asking price last month.
Summary: A total of 21 homes were sold or pending in Baldwinsville in May 2024, up by 10.5% month-over-month. Of the 21 sold homes, 19% were sold under asking, 19% were sold at asking, and 62% 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
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 12 Days | 25 Days | +99.0% |
Summary: Homes in Baldwinsville had an average of 25 days on market in May 2024, up by 99% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Baldwinsville are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 21 homes were sold in Baldwinsville; 76% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
