Baker Housing Market Report December 2024•Okaloosa County, Florida

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Housing Prices in Baker, FL

How much do homes in Baker, FL cost?

Housing Market Conditions

Is Baker, FL a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Baker is a Seller's Market

Difference Since December 2023

At the same time last year, Baker was a Buyer's Market.

Insight

Baker is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$355,000$197/SqFt
+$42,000
+13.4%

Based on all homes sold in the last 12 months

Insight

Homes in Baker have sold for 13.4% more than they did a year ago.

Summary: The median home sold price in Baker was $355,000 in December 2024, up 13.4% from last year, and the median price per square foot was $197.

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsDec 2023Dec 2024Change YoY
1-$29K
N/A
2$199.9K$176.5K
-11.7%
3$279.9K$299.5K
+7.0%
4$399.9K$394.2K
-1.4%
5-$561.5K
N/A

Summary: Baker housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -11.7%. The home price for 3 bedroom homes increased by +7.0%. The home price for 4 bedroom homes decreased by -1.4%. The home price for 5 bedroom homes did not change.

Housing supply in Baker, FL

How many homes are available in Baker, FL?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
39Last MonthDec 2024
482 months agoNov 2024
-18.8 %
Change MoMNov – Dec

Summary: The Baker real estate market had 39 homes for sale in Dec 2024, a 18.8 % decrease compared to Nov 2024.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
8Last MonthDec 2024
92 months agoNov 2024
-11.1 %
Change MoMNov – Dec

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsNov 2024Dec 2024Change MoM
111
0.0%
275
-28.6%
31915
-21.1%
41916
-15.8%
522
0.0%

Summary: Baker housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -28.6%. The inventory for 3 bedroom homes decreased by -21.1%. The inventory for 4 bedroom homes decreased by -15.8%. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in Baker, FL cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price2 Homes

At Asking Price4 Homes

Under Asking Price2 Homes

Insight

If you're buying a home in Baker, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 8 homes were sold or pending in Baker in December 2024, down by 11.1% month-over-month. Of the 8 sold homes, 25% were sold under asking, 50% were sold at asking, and and 25% were sold over asking.

Days on Market for Baker, FL

How long does it take to sell a home in Baker, FL?

Breakdown of Home Sale Times

Under 30 Days4 Homes

30 – 90 Days2 Homes

Over 90 Days2 Homes

Insight

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

Summary: During December 2024, 8 homes were sold in Baker; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
100 DaysThis YearDec 2024
129 Days1 year agoDec 2023
-21.9 %
Change YoYDec 2023 – Dec 2024

Summary: Homes in Baker had an average listing age of 100 days in Dec 2024, down by 21.9% compared to the previous year.

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Newest Listings in Baker, FL

What homes are available in Baker, FL?

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Based on information from Emerald Coast MLS, Pensacola MLS, Central Panhandle Association of REALTORS® MLS, and Capital Area Technology & REALTOR Services Inc. for the period 01/01/2023 - 01/01/2025

IDX Information Deemed Reliable but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright 2025. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/29/2025, 3:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Copyright © 2025 by the Multiple Listing Service of the Pensacola Association of REALTORS® This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the Pensacola Association of REALTORS®. Florida recognizes single and transaction agency relationships. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/29/2025, 3:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange program of Central Panhandle Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Properties subject to prior sale, change, withdrawal or rental. Copyright© 2025 Central Panhandle Association of REALTORS.© All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/29/2025, 3:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
© 2025 Tallahassee Board of REALTORS®, Inc. All rights reserved.

The data relating to real estate on this web site comes in part from the IDX Program of the Tallahassee Board of REALTORS®, Inc. Information herein is believed to be accurate and timely, but no warranty as such is expressed or implied. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. The broker providing this data believes it to be correct, but advises interested parties to confirm information before relying on it for a purchase decision.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/29/2025, 3:15:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.