Baldwin Township Housing Market Report May 2025•Iosco County, Michigan

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Housing Prices in Baldwin Township, MI

How much do homes in Baldwin Township, MI cost?

Housing Market Conditions

Is Baldwin Township, MI 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

Baldwin Township is a Seller's Market

Difference Since May 2024

Since last year, Baldwin Township has remained a Seller's Market.

Insight

Baldwin Township 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.
$187,900$155/SqFt
+$36,400
+24.0%

Based on all homes sold in the last 12 months

Insight

Homes in Baldwin Township have sold for 24% more than they did a year ago.

Summary: The median home sold price in Baldwin Township was $187,900 in May 2025, up 24% from last year, and the median price per square foot was $155.

Median Sold Price By Cities

Median Sold Price By Cities
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
East Tawas
+29.1%
Baldwin Township
+24.0%
Oscoda
+4.0%

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.
BedsMay 2024May 2025Change YoY
1$73K$85K
+16.4%
2$132.2K$176K
+33.1%
3$189.4K$230K
+21.4%
4$269.9K$284.9K
+5.6%
5$281.7K$345K
+22.4%

Summary: Baldwin Township housing price by bedroom type for May 2025, compared to the previous year. The home price for 1 bedroom homes increased by +16.4%. The home price for 2 bedroom homes increased by +33.1%. The home price for 3 bedroom homes increased by +21.4%. The home price for 4 bedroom homes increased by +5.6%. The home price for 5 bedroom homes increased by +22.4%.

How does Baldwin Township, MI compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Baldwin Township, MI

Housing supply in Baldwin Township, MI

How many homes are available in Baldwin Township, MI?

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
70Last MonthMay 2025
562 months agoApr 2025
+25.0 %
Change MoMApr – May

Summary: The Baldwin Township real estate market had 70 homes for sale in May 2025, a 25.0 % increase compared to Apr 2025.

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
15Last MonthMay 2025
162 months agoApr 2025
-6.3 %
Change MoMApr – May

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.
BedsApr 2025May 2025Change MoM
187
-12.5%
22029
+45.0%
31921
+10.5%
4912
+33.3%
501
+100.0%

Summary: Baldwin Township housing inventory by bedroom type for May 2025, compared to the previous month. The inventory for 1 bedroom homes decreased by -12.5%. The inventory for 2 bedroom homes increased by +45.0%. The inventory for 3 bedroom homes increased by +10.5%. The inventory for 4 bedroom homes increased by +33.3%. The inventory for 5 bedroom homes increased by +100.0%.

Asking Price vs. Sold Price

How much do homes in Baldwin Township, MI 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 Price3 Homes

At Asking Price5 Homes

Under Asking Price7 Homes

Insight

If you're buying a home in Baldwin Township, you may be able to get a good deal. 46.7% of homes here sold below asking price last month.

Summary: A total of 15 homes were sold or pending in Baldwin Township in May 2025, down by 6.3% month-over-month. Of the 15 sold homes, 47% were sold under asking, 33% were sold at asking, and and 20% were sold over asking.

Days on Market for Baldwin Township, MI

How long does it take to sell a home in Baldwin Township, MI?

Breakdown of Home Sale Times

Under 30 Days10 Homes

30 – 90 Days3 Homes

Over 90 Days2 Homes

Insight

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

Summary: During May 2025, 15 homes were sold in Baldwin Township; 67% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 13% 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
31 DaysThis YearMay 2025
37 Days1 year agoMay 2024
-15.5 %
Change YoYMay 2024 – May 2025

Summary: Homes in Baldwin Township had an average listing age of 31 days in May 2025, down by 15.5% compared to the previous year.

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Newest Listings in Baldwin Township, MI

What homes are available in Baldwin Township, MI?

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MLS Disclaimers and Copyright

Based on information from RealComp II Ltd., Michigan Regional Information Center LLC, and Northern Great Lakes Realtors MLS for the period 06/01/2023 - 06/01/2025

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/8/2025, 5:45:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/8/2025, 5:40:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Copyright © 2025 Northern Great Lakes REALTORS® MLS™ All Rights Reserved. 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. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/8/2025, 5:45:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.