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BALDWIN, MI 49304

Real Estate Market Report  ·  Lake County
Balanced Market
April 2026  ·  Source: Realtor.com

Market Analysis

Data as of April 2026. Source: Realtor.com.

The BALDWIN, MI real estate market (49304) currently shows 40 active listings, with 13 pending sales. Homes are averaging 92 days on the market before going under contract.

Inventory has tightened compared to last year, with 11 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 92 days on market compared to 67 days last year.

The median listing price has risen 34.5% year-over-year, from $172,400 to $231,925.

Whether you are buying or selling in BALDWIN, MI, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 4,614  ·  Density: 15.6/mi²  ·  Median household income: $35,882

Typical home value: $104,010  ·  Homeownership: 76.1%

Market Overview

Active Listings
40
⇩ 21.6% vs 51 last year
Pending
13
33% pending ratio
Median Price
$231,925
⇧ 34.5% vs $172,400 last year
Average Price
$503,028
⇧ 2.5% vs $490,753 last year
Days on Market
92
⇧ 37.3% vs 67 days last year

Price Per Square Foot

Median $/sqft
$186
⇧ 8.8% vs $171/sqft last year
Median Home Size
1,131 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 40 this year vs 51 last year
  • Days on market: 92 now vs 67 last year

Median & Average Pricing

Year over Year
  • Median: $231,925 (+34.5% YoY)
  • Average: $503,028 (+2.5% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 26.4 miles — 203 listings ($73,458,236 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
49304Baldwin, MI 493040.0 mi37$16,622,805$221,175$449,265
49402Branch, MI 494028.2 mi5$2,744,875$611,750$548,975
49309Bitely, MI 4930910.4 mi9$2,906,757$340,000$322,973
49644Irons, MI 4964413.8 mi22$7,658,838$239,900$348,129
49312Brohman, MI 4931215.7 mi3$673,449$231,150$224,483
49677Reed City, MI 4967716.5 mi12$2,761,068$208,650$230,089
49338Paris, MI 4933816.8 mi2$374,900$187,450$187,450
49689Wellston, MI 4968920.9 mi8$1,210,904$139,900$151,363
49411Free Soil, MI 4941123.4 mi7$3,273,900$269,000$467,700
49349White Cloud, MI 4934923.6 mi20$5,931,120$257,450$296,556
49420Hart, MI 4942024.2 mi20$5,770,560$234,750$288,528
49688Tustin, MI 4968825.9 mi11$3,595,185$347,675$326,835
49431Ludington, MI 4943126.4 mi47$19,933,875$363,000$424,125

Frequently Asked Questions

How many homes are for sale in BALDWIN, MI 49304?

As of April 2026, there are 40 active listings in BALDWIN, MI (zip code 49304), compared to 51 the prior year.

What is the median home price in BALDWIN, MI 49304?

The median listing price in BALDWIN, MI 49304 is $231,925 as of April 2026, a 34.5% increase from $172,400 the prior year.

How long do homes stay on the market in BALDWIN, MI?

Homes in BALDWIN, MI 49304 spend an average of 92 days on the market before going under contract, compared to 67 days the prior year.

Is it a seller's or buyer's market in BALDWIN, MI 49304?

Based on current inventory and days-on-market data as of April 2026, BALDWIN, MI 49304 is currently a Balanced Market. Inventory has tightened compared to last year, with 11 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 92 days on market compared to 67 days last year.

How much can I save on real estate commission in BALDWIN, MI?

With SELL123.com's maximum 3% commission, sellers in BALDWIN, MI 49304 save an estimated $4,639 compared to a typical 5% commission on the median listing price of $231,925. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.