Is Bent Mountain, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bent Mountain is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Bent Mountain has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Bent Mountain, VA

How much do homes in Bent Mountain, VA cost?

Median Sold Price

$524,500

$232/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$294,250(-35.9%)

Key Takeaway

Homes in Bent Mountain have sold for 35.9% less than they did a month ago.

Summary: The median home sold price in Bent Mountain was $524,500 in November 2024, down 35.9% from last month, and the median price per square foot was $232.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 -$270K
N/A
3 $565K$779K
+37.9%
4 $1.0M-
N/A
5+ --
N/A

Summary: Bent Mountain housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 37.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Copper Hill
+62.3%
Bent Mountain
-35.9%

Housing Supply in Bent Mountain, VA

How many homes are available in Bent Mountain, VA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
75-28.6%

Summary: The Bent Mountain real estate market had 5 homes for sale in November 2024, a 28.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 54
-20.0%
4 10
-100.0%
5+ 00
0.0%

Summary: The Bent 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 remained the same, 3 bedroom homes decreased by 20%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
220.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bent Mountain, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Bent Mountain in November 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Bent Mountain, VA

We’re sorry, we don't have information for this market at the moment

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 Bent Mountain, VA

Nearby Markets to Bent Mountain, VA

What housing markets are near Bent Mountain, VA?