Baldwin City, KS

Baldwin City is a small town in the eastern part of Kansas. It was founded in 1872 and has a population of just over 10,000 people. The economy of Baldwin City is based largely on agriculture, with some manufacturing and service industries. Real estate is an important part of the economy here, with homes and commercial properties accounting for a significant portion of the local GDP.

The Baldwin City real estate market is very active. There are always new homes being built and sold, as well as commercial properties being leased or sold. The median home price in Baldwin City was $128,500 in 2017, which is higher than the statewide median home price of $107,500 but lower than the national median home price of $217,500. The average list price for a residential property in Baldwin City was $174,000 in 2017.

The main drivers of the Baldwin City real estate market are population growth and demand from local businesses and consumers. Population growth has been strong over recent years due to increasing births rates and migration from other parts of Kansas and across the country. Local businesses have also been expanding their operations here, which has led to increased demand for commercial property space. Consumers have been increasingly looking for affordable housing options close to their jobs or schools.