ROBERTSDALE, Ala. – Baldwin REALTORS® Multiple Listing Service (MLS) has released its year-over-year residential real estate report, comparing the 2024 Baldwin County market to that of 2023. The key market trends reflect an ever-so-slight cooling from the previous year’s activity. But while sales volume and overall transactions decreased, the market remains robust with consistent property values and strong listing activity.
A total of 6,396 properties sold in Baldwin County last year, which was just over a 500-unit decrease from the year prior’s 6,907 properties sold. With a lack of transactions, the total revenue for Baldwin County’s residential real estate industry decreased by approximately $240-million. Average Days On Market (DOM) also saw a slight uptick due to the slower pace, but this trend allows for more strategic decision-making by both buyers and sellers.
Though sales slowed, the total amount of residential new listings with effective dates in 2024 was 10,266 properties, compared to only 9,725 in 2023. This 5.6% increase signals ongoing interest from sellers, providing buyers with a wider range of options. Additionally, Baldwin County’s Average Sales Price made a very steady increase of 0.2% to $493,753, providing homeowners and property investors with confidence in their growing equity.
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Residential MLS Stats by Area:
Central Baldwin
Residential Properties sold in 2024: 1,996
Average Sales Price: $335,850
Average Days on Market: 62
Average Sales Price Change from 2023: Increased 0.8%
Coastal Condos
Residential Properties sold in 2024: 993
Average Sales Price: $665,122
Average Days on Market: 92
Average Sales Price Change from 2023: Increased 3.8%
Coastal Homes
Residential Properties sold in 2024: 995
Average Sales Price: $763,248
Average Days on Market: 91
Average Sales Price Change from 2023: Increased 6.9%
Eastern Shore
Residential Properties sold in 2024: 2,272
Average Sales Price: $472,319
Average Days on Market: 57
Average Sales Price Change from 2023: Increased 1.7%
North Baldwin
Residential Properties sold in 2024: 240
Average Sales Price: $292,879
Average Days on Market: 55
Average Sales Price Change from 2023: Increased 3.8%
About Baldwin REALTORS®
Baldwin REALTORS® is the source for real estate in Southern Alabama. We provide resources, education and tools to over 3,000 professionals across the region. We work to protect the interests of property owners, and our members serve buyers and sellers as REAL Advocates, Advisors, and Experts. Realtors agree to abide by a strict code of ethics and are held to a high ethical standard by their peers through their association membership. The term Realtor is a federally-registered trademark owned by the National Association of REALTORS® and denotes membership in the Nonprofit Association.