$10,000 Closing Credit*
$875,000
3,721 SqFt
5 Beds
•2 Full Baths, 1 Partial
Lori A. Fowler-Smith, Listing Office: Coldwell Banker Premier
Is Black Mountain, NV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Black Mountain was a Neutral Market.
Key Takeaway
Black Mountain is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Black Mountain, NV
How much do homes in Black Mountain, NV cost?
Median Sold Price
$398,242
$258/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$32,742(+9.0%)
Key Takeaway
Homes in Black Mountain have sold for 9% more than they did a year ago.
Summary: The median home sold price in Black Mountain was $398,242 in November 2024, up 9% from last year, and the median price per square foot was $258.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $186.4K | - | N/A |
| 2 Bedrooms | $219K | $228.5K | +4.3% |
| 3 Bedrooms | $365K | $395K | +8.2% |
| 4 Bedrooms | $599.9K | $650K | +8.3% |
| 5+ Bedrooms | $848.4K | $760K | -10.4% |
Summary: Black Mountain housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4.3%, 3 bedroom homes increased by 8.2%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes decreased by 10.4%.
Housing Supply in Black Mountain, NV
How many homes are available in Black Mountain, NV?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 45 | 43 | -4.4% |
Summary: The Black Mountain real estate market had 43 homes for sale in November 2024, a 4.4% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 7 | 8 | +14.3% |
| 3 Bedrooms | 24 | 21 | -12.5% |
| 4 Bedrooms | 11 | 11 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Black Mountain 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 14.3%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 8 | 0.0% |
Asking Price vs. Sold Price
5 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 Black Mountain, 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 Black Mountain in November 2024, the same as the previous month. Of the 8 sold homes, 63% were sold under asking, 25% were sold at asking, and 13% were sold over asking.
Days on Market for Black Mountain, NV
How long does it take to sell a home in Black Mountain, NV?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 37 Days | 24 Days | -36.5% |
Summary: Homes in Black Mountain had an average of 24 days on market in Nov 2024, down by 36.5% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Black Mountain are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 8 homes were sold in Black Mountain; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Disclaimer: The data relating to real estate for sale on this web site comes in part from the INTERNET DATA EXCHANGE Program of the Greater Las Vegas Association of REALTORS® MLS. Real estate listings held by brokerage firms other than this site owner are marked with the IDX logo. GLVAR MLS deems information reliable but not guaranteed.