$3,561 Closing Credit*
$299,900
1,630 SqFt
3 Beds
•2 Full Baths
Listing Office: KW Inspire Realty Keller Williams
Is Bluemont Lakes, ND a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Bluemont Lakes has remained a Buyer'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
$350,245
$142/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$65,245(+22.9%)
Key Takeaway
Homes in Bluemont Lakes have sold for 22.9% more than they did a year ago.
Summary: The median home sold price in Bluemont Lakes was $350,245 in October 2024, up 22.9% from last year, and the median price per square foot was $142.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $217.5K | - | N/A |
| 2 Bedrooms | $139.9K | $346.9K | +148.0% |
| 3 Bedrooms | $248.2K | $250K | +0.7% |
| 4 Bedrooms | $319.9K | $415K | +29.7% |
| 5+ Bedrooms | $472.5K | $425K | -10.1% |
Summary: Bluemont Lakes housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 148%, 3 bedroom homes increased by 0.7%, 4 bedroom homes increased by 29.7%, and 5+ bedroom homes decreased by 10.1%.
Median Sold Price Compared To Nearby Neighborhoods
| Prairiewood | $247.5K | $322.5K | +30.3% |
| Bluemont Lakes | $285K | $350.2K | +22.9% |
| Southpointe | $320.7K | $345K | +7.6% |
| Brunsdale | $226K | $235K | +4.0% |
Housing Supply in Bluemont Lakes, ND
How many homes are available in Bluemont Lakes, ND?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 45 | 51 | +13.3% |
Summary: The Bluemont Lakes real estate market had 51 homes for sale in October 2024, a 13.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 7 | 7 | 0.0% |
| 3 Bedrooms | 11 | 15 | +36.4% |
| 4 Bedrooms | 18 | 20 | +11.1% |
| 5+ Bedrooms | 9 | 9 | 0.0% |
Summary: The Bluemont Lakes housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 36.4%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 7 | +16.7% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Bluemont Lakes, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Bluemont Lakes in October 2024, up by 16.7% month-over-month. Of the 7 sold homes, 57% were sold under asking, 29% were sold at asking, and 14% 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
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Bluemont Lakes are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 7 homes were sold in Bluemont Lakes; 14% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.
