$2,672 Closing Credit*
$225,000
889 SqFt
3 Beds
•2 Full Baths
Listing Office: RE/MAX Legacy Realty
Is Bluemont Lakes, ND a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
At the same time last year, Bluemont Lakes was a Seller's Market.
Key Takeaway
Bluemont Lakes is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Bluemont Lakes, ND
How much do homes in Bluemont Lakes, ND cost?
Median Sold Price
$360,000
$143/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$104,000(+40.6%)
Key Takeaway
Homes in Bluemont Lakes have sold for 40.6% more than they did a year ago.
Summary: The median home sold price in Bluemont Lakes was $360,000 in December 2024, up 40.6% from last year, and the median price per square foot was $143.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $217.5K | - | N/A |
| 2 Bedrooms | $139.9K | $361.4K | +158.4% |
| 3 Bedrooms | $247.2K | $250K | +1.1% |
| 4 Bedrooms | $337.9K | $410K | +21.3% |
| 5+ Bedrooms | $455K | $425K | -6.6% |
Summary: Bluemont Lakes housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 158.4%, 3 bedroom homes increased by 1.1%, 4 bedroom homes increased by 21.3%, and 5+ bedroom homes decreased by 6.6%.
Median Sold Price Compared To Nearby Neighborhoods
| Bluemont Lakes | $256K | $360K | +40.6% |
| Prairiewood | $249.5K | $315K | +26.3% |
| Southpointe | $328.5K | $345K | +5.0% |
| South High | $237K | $194.7K | -17.8% |
Housing Supply in Bluemont Lakes, ND
How many homes are available in Bluemont Lakes, ND?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 31 | 24 | -22.6% |
Summary: The Bluemont Lakes real estate market had 24 homes for sale in December 2024, a 22.6% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 3 | -50.0% |
| 3 Bedrooms | 10 | 10 | 0.0% |
| 4 Bedrooms | 10 | 6 | -40.0% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Bluemont Lakes housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 40%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 10 | 2 | -80.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bluemont Lakes, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Bluemont Lakes in December 2024, down by 80.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Bluemont Lakes, ND
How long does it take to sell a home in Bluemont Lakes, ND?
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Bluemont Lakes has remained consistent over time.
Summary: During December 2024, 2 homes were sold in Bluemont Lakes; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
