Is Benton County, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2022
At the same time last year, Benton County was a Seller's Market.
Key Takeaway
Benton County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
How much do homes in Benton County, IA cost?
Median Sold Price
$170,000
$102/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2022
Key Takeaway
Homes in Benton County have sold for 13% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | Feb 2022 | Feb 2023 | % |
|---|---|---|---|
| 1 Bedroom | $50K | $94.4K | +88.9% |
| 2 Bedrooms | $82.4K | $102.5K | +24.3% |
| 3 Bedrooms | $150K | $170K | +13.3% |
| 4 Bedrooms | $207.5K | $191.8K | -7.6% |
| 5+ Bedrooms | $314K | $291K | -7.3% |
Median Sold Price Compared To Nearby Counties
| Iowa County | $160K | $195K | +21.9% |
| Benton County | $150.4K | $170K | +13.0% |
| Linn County | $184.9K | $193.8K | +4.8% |
How many homes are available in Benton County, IA?
Number of Homes For Sale
| Jan 2023 | Feb 2023 | % |
|---|---|---|
| 56 | 55 | -1.8% |
Homes For Sale By Bedroom Count
| # BEDS | Jan 2023 | Feb 2023 | % |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 8 | 13 | +62.5% |
| 3 Bedrooms | 32 | 28 | -12.5% |
| 4 Bedrooms | 12 | 9 | -25.0% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Number of Homes Sold
| Jan 2023 | Feb 2023 | % |
|---|---|---|
| 12 | 8 | -33.3% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Benton County, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Average Sale Time
| Feb 2022 | Feb 2023 | % |
|---|---|---|
| 63 Days | 58 Days | -7.2% |
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Benton County has remained consistent over time.
Provided Courtesy Of Cedar Rapids Area Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Is Believed To Be Accurate But Not Guaranteed.