Is East Baldwin, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing East Baldwin is a neutral's market

Buyer's
Market

Difference Since April 2023

At the same time last year, East Baldwin was a Seller's Market.

Key Takeaway

East Baldwin 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 East Baldwin, GA

How much do homes in East Baldwin, GA cost?

Median Sold Price

$316,975

$163/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$6,975(+2.3%)

Key Takeaway

Homes in East Baldwin have sold for 2.3% more than they did a year ago.

Summary: The median home sold price in East Baldwin was $316,975 in April 2024, up 2.3% from last year, and the median price per square foot was $163.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 -$337K
N/A
3 $228.4K$385K
+68.5%
4 $570K$310K
-45.6%
5+ $321.6K$265K
-17.6%

Summary: East Baldwin housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 68.5%, 4 bedroom homes decreased by 45.6%, and 5+ bedroom homes decreased by 17.6%.

Median Sold Price Compared To Nearby Cities

Milledgeville
+14.7%
East Baldwin
+2.3%
Devereux
-11.8%

Housing Supply in East Baldwin, GA

How many homes are available in East Baldwin, GA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2018-10.0%

Summary: The East Baldwin real estate market had 18 homes for sale in April 2024, a 10.0% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 01
+100.0%
2 00
0.0%
3 1211
-8.3%
4 44
0.0%
5+ 42
-50.0%

Summary: The East Baldwin housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 8.3%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
53-40.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in East Baldwin, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in East Baldwin in April 2024, down by 40.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for East Baldwin, GA

How long does it take to sell a home in East Baldwin, GA?

Average Sale Time

Apr 2023Apr 2024CHANGE
105 Days25 Days-76.0%

Summary: Homes in East Baldwin had an average of 25 days on market in Apr 2024, down by 76% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 3 homes were sold in East Baldwin; 67% of homes were sold within 30 days, 33% 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 27 Days Ago

Newest Listings in East Baldwin, GA

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