Is Bluemont, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Bluemont was a Seller's Market.
Housing Prices in Bluemont, VA
How much do homes in Bluemont, VA cost?
Median Sold Price
$629,000
$255/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Bluemont was $629,000 in May 2024, up 31.7% from last year, and the median price per square foot was $255.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $235K | $175K | -25.5% |
2 Bedrooms | $370K | $375K | +1.4% |
3 Bedrooms | $440K | $585K | +33.0% |
4 Bedrooms | $599.9K | $658.1K | +9.7% |
5+ Bedrooms | $857.5K | $1.0M | +19.5% |
Summary: Bluemont housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 25.5%, 2 bedroom homes increased by 1.4%, 3 bedroom homes increased by 33%, 4 bedroom homes increased by 9.7%, and 5+ bedroom homes increased by 19.5%.
Median Sold Price Compared To Nearby Cities
Millwood | $370K | $549.9K | +48.6% |
Bluemont | $477.5K | $629K | +31.7% |
Blue Ridge | $738.5K | $786.2K | +6.5% |
Housing Supply in Bluemont, VA
How many homes are available in Bluemont, VA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
11 | 14 | +27.3% |
Summary: The Bluemont real estate market had 14 homes for sale in May 2024, a 27.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 2 | 1 | -50.0% |
3 Bedrooms | 2 | 4 | +100.0% |
4 Bedrooms | 4 | 5 | +25.0% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Bluemont housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
1 | 1 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Bluemont in May 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Bluemont, VA
How long does it take to sell a home in Bluemont, VA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
7 Days | 7 Days | -4.5% |
Summary: Homes in Bluemont had an average of 7 days on market in May 2024, down by 4.5% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 1 homes were sold in Bluemont; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.