Is Baldwin Park, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Baldwin Park has remained a Seller's Market.
Housing Prices in Baldwin Park, CA
How much do homes in Baldwin Park, CA cost?
Median Sold Price
$653,500
$519/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Baldwin Park was $653,500 in April 2024, up 0.5% from last year, and the median price per square foot was $519.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $427.5K | $389.4K | -8.9% |
2 Bedrooms | $490.4K | $556K | +13.4% |
3 Bedrooms | $659.4K | $660K | 0.1% |
4 Bedrooms | $715K | $737K | +3.1% |
5+ Bedrooms | $780K | $996.9K | +27.8% |
Summary: Baldwin Park housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.9%, 2 bedroom homes increased by 13.4%, 3 bedroom homes increased by 0.1%, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes increased by 27.8%.
Median Sold Price Compared To Nearby Cities
Upper San Gabriel Valley | $938.1K | $990.9K | +5.6% |
West Covina | $762.7K | $799.1K | +4.8% |
Baldwin Park | $650K | $653.5K | 0.5% |
Housing Supply in Baldwin Park, CA
How many homes are available in Baldwin Park, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
49 | 47 | -4.1% |
Summary: The Baldwin Park real estate market had 47 homes for sale in April 2024, a 4.1% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 14 | 11 | -21.4% |
3 Bedrooms | 22 | 23 | +4.5% |
4 Bedrooms | 8 | 8 | 0.0% |
5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Baldwin Park housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 21.4%, 3 bedroom homes increased by 4.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
17 | 12 | -29.4% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in Baldwin Park in April 2024, down by 29.4% month-over-month. Of the 12 sold homes, 25% were sold under asking, 17% were sold at asking, and 58% were sold over asking.
Days on Market for Baldwin Park, CA
How long does it take to sell a home in Baldwin Park, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
50 Days | 19 Days | -60.7% |
Summary: Homes in Baldwin Park had an average of 19 days on market in Apr 2024, down by 60.7% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 12 homes were sold in Baldwin Park; 83% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.