The housing market in Baldwin, LA is flourishing. The median value of homes in Baldwin is currently $122,800, which is considerably lower than the US median house value of $338,100. Despite this disparity, home values in Baldwin have experienced an impressive one-year appreciation rate of 9.19%, compared to the US average of 8.27%. It is clear that residents in Baldwin are definitely reaping the rewards from investing in real estate.
The median home cost in Baldwin is $122,800. Home appreciation the last 10 years has been 40.3%. Home Appreciation in Baldwin is up 12.5%.
Average Age of Homes
- The median age of Baldwin real estate is 43 years old
The Rental Market in Baldwin
- Renters make up 14.4% of the Baldwin population
- 2.8% of houses and apartments in Baldwin, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.