Is Baden, PA 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, Baden was a Buyer's Market.
Key Takeaway
Baden is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Baden, PA
How much do homes in Baden, PA cost?
Median Sold Price
$215,000
$159/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Baden have sold for 2.3% less than they did a year ago.
Summary: The median home sold price in Baden was $215,000 in May 2024, down 2.3% from last year, and the median price per square foot was $159.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $69K | $50K | -27.5% |
| 2 Bedrooms | $137.5K | $155K | +12.7% |
| 3 Bedrooms | $220K | $181K | -17.7% |
| 4 Bedrooms | $384.9K | $412.5K | +7.2% |
| 5+ Bedrooms | $1.3M | $1.6M | +15.4% |
Summary: Baden housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 27.5%, 2 bedroom homes increased by 12.7%, 3 bedroom homes decreased by 17.7%, 4 bedroom homes increased by 7.2%, and 5+ bedroom homes increased by 15.4%.
Median Sold Price Compared To Nearby Cities
| Harmony Township | $275K | $294.3K | +7.0% |
| Economy | $275.8K | $278K | +0.8% |
| Baden | $220K | $215K | -2.3% |
Housing Supply in Baden, PA
How many homes are available in Baden, PA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 44 | 45 | +2.3% |
Summary: The Baden real estate market had 45 homes for sale in May 2024, a 2.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 24 | 28 | +16.7% |
| 4 Bedrooms | 11 | 8 | -27.3% |
| 5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The Baden housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 16.7%, 4 bedroom homes decreased by 27.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 9 | 10 | +11.1% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Baden, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 10 homes were sold or pending in Baden in May 2024, up by 11.1% month-over-month. Of the 10 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for Baden, PA
How long does it take to sell a home in Baden, PA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 56 Days | 23 Days | -57.5% |
Summary: Homes in Baden had an average of 23 days on market in May 2024, down by 57.5% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Baden are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 10 homes were sold in Baden; 80% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
