Baldwin, Pennsylvania Housing Market Prices
Baldwin Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 7% above the Pennsylvania median$163,496
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Median rent 12% below the Pennsylvania median$1,065
Housing Market Overview
| Metric | Baldwin | Pennsylvania Avg | US Average |
|---|---|---|---|
| Median Home Price | $163,496 | $152,469 | $248,835 |
| Price Trend (Annual %) | 16.4% | 3.7% | 7.5% |
| Median Gross Rent | $1,065 | $1,208 | $1,407 |
| Rent Trend (Annual %) | 4.8% | 4.4% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Baldwin is about 7% higher than in Pennsylvania. Rent is about 12% lower than the Pennsylvania average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Baldwin, up about 16.4% and 4.8% a year respectively. Home prices are changing faster.
Median rent in Baldwin rose about 45.3% between 2015 and 2024, from $733 to $1,065. Over the same span, rent in Pennsylvania rose about 43.9%.
Affordability
On average, housing unit costs 2.0 yearly household incomes in Baldwin.
Buying the median-priced home in Baldwin costs roughly 12.8 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Baldwin. The price-to-rent ratio in Pennsylvania is about 10.5.
| Metric | Baldwin | Pennsylvania Avg | US Average |
|---|---|---|---|
| Median Home Price | $163,496 | $152,469 | $248,835 |
| Median Household Income | $81,388 | $78,249 | $80,455 |
| Price-to-Income Ratio | 2.0 | 1.9 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Baldwin rose about 85.3%, while median household income rose about 52.6% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Baldwin | Pennsylvania Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 72.0% | 63.0% | 58.5% |
| Rental Rate | 20.5% | 27.9% | 31.2% |
| Vacancy Rate | 7.5% | 9.1% | 10.2% |
| Median Tenure (years) | 16.0 | 17.0 | 15.0 |
| Median Year Moved In | 2010 | 2009 | 2011 |
Baldwin has a homeownership rate of 72.0%, higher than the Pennsylvania average of 63.0%. Its housing vacancy rate is 7.5%, compared with 9.1% in Pennsylvania.
Housing Stock
| Metric | Baldwin | Pennsylvania Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.35 people | 2.39 people | 2.53 people |
| Median Structure Built Year | 1961 | 1966 | 1978 |
| Median Number of Rooms | 5.9 | 6.0 | 5.5 |
The typical housing unit in Baldwin was built around 1961. On average, 2.4 people live in a home with about 5.9 rooms, staying for about 16.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Baldwin, Pennsylvania.
What is the median home price in Baldwin, Pennsylvania?
The median home price in Baldwin, Pennsylvania is $163,496, higher than the Pennsylvania average of $152,469.
What is the average home price in Baldwin, Pennsylvania?
The typical home price in Baldwin, Pennsylvania, reported as the median sale price, is $163,496. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Baldwin, Pennsylvania?
The median gross rent in Baldwin, Pennsylvania is $1,065 per month, lower than the Pennsylvania average of $1,208.
What was the median gross rent in Baldwin in 2020?
In 2020, the median gross rent in Baldwin, Pennsylvania was $806 per month.
What is the price-to-rent ratio in Baldwin, Pennsylvania?
The price-to-rent ratio in Baldwin, Pennsylvania is about 12.8, meaning it would take roughly 12.8 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Baldwin.
Are home prices or rent rising faster in Baldwin, Pennsylvania?
Both home prices and rent are rising in Baldwin, up about 16.4% and 4.8% a year respectively. Home prices are changing faster.
What is the homeownership rate in Baldwin, Pennsylvania?
72.0% of households in Baldwin, Pennsylvania own their home, higher than the Pennsylvania average of 63.0%.
What is the vacancy rate in Baldwin, Pennsylvania?
The housing vacancy rate in Baldwin, Pennsylvania is 7.5%, lower than the Pennsylvania average of 9.1%.
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