$4,150 Closing Credit*
$349,500
1,255 SqFt
3 Beds
•2 Full Baths
Joseph Andron, Listing Office: Simply Vegas
Is Black Mountain, NV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Black Mountain was a Seller's Market.
Key Takeaway
Black Mountain is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Black Mountain, NV
How much do homes in Black Mountain, NV cost?
Median Sold Price
$399,995
$257/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$34,995(+9.6%)
Key Takeaway
Homes in Black Mountain have sold for 9.6% more than they did a year ago.
Summary: The median home sold price in Black Mountain was $399,995 in October 2024, up 9.6% from last year, and the median price per square foot was $257.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $183K | - | N/A |
| 2 Bedrooms | $215K | $226.5K | +5.3% |
| 3 Bedrooms | $365K | $399K | +9.3% |
| 4 Bedrooms | $587.4K | $650K | +10.6% |
| 5+ Bedrooms | $848.4K | $760K | -10.4% |
Summary: Black Mountain 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 5.3%, 3 bedroom homes increased by 9.3%, 4 bedroom homes increased by 10.6%, 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
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 44 | 48 | +9.1% |
Summary: The Black Mountain real estate market had 48 homes for sale in October 2024, a 9.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 6 | 8 | +33.3% |
| 3 Bedrooms | 22 | 23 | +4.5% |
| 4 Bedrooms | 11 | 13 | +18.2% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Black Mountain 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 increased by 33.3%, 3 bedroom homes increased by 4.5%, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 8 | -27.3% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Black Mountain, you may be able to get a good deal. 87.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Black Mountain in October 2024, down by 27.3% month-over-month. Of the 8 sold homes, 88% were sold under asking, 13% were sold at asking, and 0% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 31 Days | 27 Days | -11.7% |
Summary: Homes in Black Mountain had an average of 27 days on market in Oct 2024, down by 11.7% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Black Mountain are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 8 homes were sold in Black Mountain; 75% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 13% 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.