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 buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Black Mountain Village was a Seller's Market.

Key Takeaway

Black Mountain Village is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Black Mountain Village, NV

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

Median Sold Price

$595,000

$286/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$56,000(+10.4%)

Key Takeaway

Homes in Black Mountain Village have sold for 10.4% more than they did a year ago.

Summary: The median home sold price in Black Mountain Village was $595,000 in November 2024, up 10.4% from last year, and the median price per square foot was $286.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $515K$560.4K
+8.8%
3 $565K$647K
+14.5%
4 $712.5K$699K
-1.9%
5+ --
N/A

Summary: Black Mountain Village 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 8.8%, 3 bedroom homes increased by 14.5%, 4 bedroom homes decreased by 1.9%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Black Mountain Village
+10.4%
Solera at Anthem
+8.6%

Housing Supply in Black Mountain Village, NV

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

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3137+19.4%

Summary: The Black Mountain Village real estate market had 37 homes for sale in November 2024, a 19.4% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 2022
+10.0%
3 1115
+36.4%
4 00
0.0%
5+ 00
0.0%

Summary: The Black Mountain Village 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 10%, 3 bedroom homes increased by 36.4%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
94-55.6%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was 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. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Black Mountain Village in November 2024, down by 55.6% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% 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

Nov 2023Nov 2024CHANGE
15 Days48 Days+225.0%

Summary: Homes in Black Mountain Village had an average of 48 days on market in Nov 2024, up by 225% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Black Mountain Village has remained consistent over time.

Summary: During November 2024, 4 homes were sold in Black Mountain Village; 25% of homes were sold within 30 days, 75% of homes were sold within 30 to 90 days, and 0% 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 21 Days Ago

Newest Listings in Black Mountain Village, NV

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