Is Blue Mountain Township, AR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Blue Mountain Township is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Blue Mountain Township was a Buyer's Market.

Key Takeaway

Blue Mountain Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Blue Mountain Township, AR

How much do homes in Blue Mountain Township, AR cost?

Median Sold Price

$196,500

$105/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$111,500(-36.2%)

Key Takeaway

Homes in Blue Mountain Township have sold for 36.2% less than they did a month ago.

Summary: The median home sold price in Blue Mountain Township was $196,500 in November 2024, down 36.2% from last month, and the median price per square foot was $105.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 -$194K
N/A
2 -$178.5K
N/A
3 $308K$179.5K
-41.7%
4 --
N/A
5+ -$249K
N/A

Summary: Blue Mountain Township housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 41.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Mountain View
-35.4%
Blue Mountain Township
-36.2%

Housing Supply in Blue Mountain Township, AR

How many homes are available in Blue Mountain Township, AR?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
28280.0%

Summary: The Blue Mountain Township real estate market had 28 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 22
0.0%
2 89
+12.5%
3 1512
-20.0%
4 24
+100.0%
5+ 11
0.0%

Summary: The Blue Mountain Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 12.5%, 3 bedroom homes decreased by 20%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
48+100.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Blue Mountain Township, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Blue Mountain Township in November 2024, up by 100.0% month-over-month. Of the 8 sold homes, 63% were sold under asking, 38% were sold at asking, and 0% were sold over asking.

Days on Market for Blue Mountain Township, AR

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 19 Days Ago

Newest Listings in Blue Mountain Township, AR

Nearby Markets to Blue Mountain Township, AR

What housing markets are near Blue Mountain Township, AR?