Is Black Mountain Village, NV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Black Mountain Village is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Black Mountain Village has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Black Mountain Village, NV

How much do homes in Black Mountain Village, NV cost?

Median Sold Price

$582,900

$285/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$37,900(+7.0%)

Key Takeaway

Homes in Black Mountain Village have sold for 7% more than they did a year ago.

Summary: The median home sold price in Black Mountain Village was $582,900 in October 2024, up 7% from last year, and the median price per square foot was $285.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $530K$555.9K
+4.9%
3 $565K$645K
+14.2%
4 $712.5K$699K
-1.9%
5+ --
N/A

Summary: Black Mountain Village 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 4.9%, 3 bedroom homes increased by 14.2%, 4 bedroom homes decreased by 1.9%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Arroyo Vista Village
+13.5%
Solera at Anthem
+7.5%
Black Mountain Village
+7.0%

Housing Supply in Black Mountain Village, NV

How many homes are available in Black Mountain Village, NV?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3635-2.8%

Summary: The Black Mountain Village real estate market had 35 homes for sale in October 2024, a 2.8% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 2323
0.0%
3 1312
-7.7%
4 00
0.0%
5+ 00
0.0%

Summary: The Black Mountain Village 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 decreased by 7.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
990.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Black Mountain Village, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in Black Mountain Village in October 2024, the same as the previous month. Of the 9 sold homes, 67% were sold under asking, 22% were sold at asking, and 11% were sold over asking.

Days on Market for Black Mountain Village, NV

How long does it take to sell a home in Black Mountain Village, NV?

Average Sale Time

Oct 2023Oct 2024CHANGE
130 Days47 Days-63.9%

Summary: Homes in Black Mountain Village had an average of 47 days on market in Oct 2024, down by 63.9% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Black Mountain Village are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 9 homes were sold in Black Mountain Village; 44% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.

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

Report Updated 20 Days Ago

Newest Listings in Black Mountain Village, NV

Nearby Markets to Black Mountain Village, NV