Baldwin Real Estate
Baldwin is one of the best places to live on Long Island’s South Shore. There are plenty of employment opportunities in the area and things to do on nights, weekends, and holidays that make Baldwin a great place to be regardless of the season.
Those thinking about moving to Baldwin may be curious about the real estate market and whether or not now is a good time to buy a home in Baldwin. While we are still in a seller’s market in many parts of Long Island, buying a home in Baldwin may be attractive for real estate investors who want to flip homes or take on a fixer-upper project to rent out to tenants.
History of Baldwin
Native Americans were the first people to settle in the Baldwin area. They lived on Milburn Creek until 1643 when English colonists started to take over the land and use it for fishing, breeding animals, and raising longwood.
The first church in Baldwin was built in 1810, and the South Side Rail Road started operating in 1867. The railroad made trading much more accessible and attracted many people to the Baldwin area soon after it was built.
Baldwin is also known for its aviation breakthroughs. In 1910, the first American monoplane was flown by Arthur Heinrich which catapulted Baldwin as a leader in innovation and aviation.
Baldwin real estate
Much like the real estate in Hewlett, Balwin’s real estate market is a sellers market with record-high home prices persisting as of November 2022. The median listing price of homes in Baldwin is $610,000 while the median sold price is $652,000.
Real estate investors will find that there is an opportunity to purchase distressed properties in Baldwin to fix up and rent or flip. Since home prices are so high, young professionals migrating to the area may decide to join the rental market for short or long-term leases.
Things to do in Baldwin
Baldwin is a town that thrives in the summer months when the weather is warm. Residents tend to visit Baldwin Park, which is considered to be the best park in Baldwin. There are activities like pickleball, basketball, tennis, and soccer that you can participate in regardless of your age. Locals also enjoy bowling at the Baldwin Bowling Center and brewing some beer at Homebrews & Handgrenades brewery.
Final Thoughts
Baldwin is a fun town with plenty of things to do regardless of the season. The summer months bring tourists into Baldwin who wants to experience the area’s nearby beaches and fun dining options.
Those looking to buy a home in Baldwin may find that the price of real estate is too much right now, making renting an attractive option and creating opportunities for real estate investors.
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by Mottek Group