Is Benson, AZ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Benson is a seller's market

Buyer's
Market

Difference Since November 2021

At the same time last year, Benson was a Buyer's Market.

Key Takeaway

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

How much do homes in Benson, AZ cost?

Median Sold Price

$249,990

$158/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$60,990(+32.3%)

Key Takeaway

Homes in Benson have sold for 32.3% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 $21K-
N/A
2 $65K$190K
+192.3%
3 $192K$248.9K
+29.6%
4 $255K$321.6K
+26.2%
5+ --
N/A

How many homes are available in Benson, AZ?

Number of Homes For Sale

Oct 2022Nov 2022%
2423-4.2%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 22
0.0%
2 22
0.0%
3 1314
+7.7%
4 64
-33.3%
5+ 11
0.0%

Number of Homes Sold

Oct 2022Nov 2022%
46+50.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Benson, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Average Sale Time

Nov 2021Nov 2022%
37 Days46 Days+25.2%

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

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

About Benson, AZ

Homes for sale in Benson, AZ have reached 23. The inventory of homes for sale in Benson, AZ between October 2022 and November 2022 decreased by 4.2%. Listings spent 46 days on the market in November 2022, and had a median list price of $249,990 during the same period. Between October 2022 and November 2022, listing prices of homes in this real estate market have seen the following changes: prices of 1 bedroom properties increased by 0%, 2 bedrooms properties became 192.3% more expensive, 3 bedrooms properties prices increased by 29.6%, the cost of 4 bedrooms properties went up by 26.2%, prices of 5 bedrooms properties increased by 0%. Housing inventory have changed in this real estate market: 1 bedroom homes did not move, the quantity of 2 bedrooms homes have not changed, volume of 3 bedrooms homes went up by 7.7%, 4 bedrooms homes became 33.3% less available, the quantity of 5 bedrooms homes have not changed. In November 2022, from all listings sold in Benson, AZ there were more than 3 sold above asking price, over 2 sold below and more than 1 were sold right at the asked price.

Related Housing Market Reports