Is Benson, AZ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
At the same time last year, Benson was a Seller's Market.
Housing Prices in Benson, AZ
How much do homes in Benson, AZ cost?
Median Sold Price
$279,950
$174/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Benson was $279,950 in June 2024, up 6.5% from last year, and the median price per square foot was $174.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $127.5K | $215K | +68.6% |
2 Bedrooms | $295K | $204.2K | -30.8% |
3 Bedrooms | $251.9K | $259.9K | +3.2% |
4 Bedrooms | $280K | $313.1K | +11.9% |
5+ Bedrooms | $415K | $285K | -31.3% |
Summary: Benson housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 68.6%, 2 bedroom homes decreased by 30.8%, 3 bedroom homes increased by 3.2%, 4 bedroom homes increased by 11.9%, and 5+ bedroom homes decreased by 31.3%.
Housing Supply in Benson, AZ
How many homes are available in Benson, AZ?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
52 | 49 | -5.8% |
Summary: The Benson real estate market had 49 homes for sale in June 2024, a 5.8% decrease compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 2 | 2 | 0.0% |
3 Bedrooms | 36 | 35 | -2.8% |
4 Bedrooms | 11 | 9 | -18.2% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Benson housing inventory by bedroom type for June 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 2.8%, 4 bedroom homes decreased by 18.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
6 | 4 | -33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Benson in June 2024, down by 33.3% month-over-month. Of the 4 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% were sold over asking.
Days on Market for Benson, AZ
How long does it take to sell a home in Benson, AZ?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
69 Days | 46 Days | -32.6% |
Summary: Homes in Benson had an average of 46 days on market in Jun 2024, down by 32.6% 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
Summary: During June 2024, 4 homes were sold in Benson; 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.