Is Bluemont, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Bluemont was a Seller's Market.
Housing Prices in Bluemont, VA
How much do homes in Bluemont, VA cost?
Median Sold Price
$612,000
$283/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Bluemont was $612,000 in March 2024, up 23.6% from last year, and the median price per square foot was $283.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $235K | $175K | -25.5% |
2 Bedrooms | $271K | $400K | +47.6% |
3 Bedrooms | $477.5K | $512.5K | +7.3% |
4 Bedrooms | $599.9K | $689K | +14.8% |
5+ Bedrooms | $857.5K | $1.0M | +19.5% |
Summary: Bluemont housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 25.5%, 2 bedroom homes increased by 47.6%, 3 bedroom homes increased by 7.3%, 4 bedroom homes increased by 14.8%, and 5+ bedroom homes increased by 19.5%.
Median Sold Price Compared To Nearby Cities
Bluemont | $495K | $612K | +23.6% |
Blue Ridge | $731.2K | $777.2K | +6.3% |
Buckmarsh | $505K | $470K | -6.9% |
Housing Supply in Bluemont, VA
How many homes are available in Bluemont, VA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
21 | 22 | +4.8% |
Summary: The Bluemont real estate market had 22 homes for sale in March 2024, a 4.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 1 | 2 | +100.0% |
3 Bedrooms | 6 | 6 | 0.0% |
4 Bedrooms | 4 | 5 | +25.0% |
5+ Bedrooms | 9 | 8 | -11.1% |
Summary: The Bluemont housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes increased by 25%, and 5+ bedroom homes decreased by 11.1%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
1 | 1 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Bluemont in March 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Bluemont, VA
How long does it take to sell a home in Bluemont, VA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
5 Days | 6 Days | +5.9% |
Summary: Homes in Bluemont had an average of 6 days on market in Mar 2024, up by 5.9% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 1 homes were sold in Bluemont; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.