Is Benona Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, Benona Township has remained a Seller's Market.
Housing Prices in Benona Township, MI
How much do homes in Benona Township, MI cost?
Median Sold Price
$330,000
$221/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Benona Township was $330,000 in February 2024, down 10.8% from last year, and the median price per square foot was $221.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $180K | $125K | -30.6% |
2 Bedrooms | $260K | $275K | +5.8% |
3 Bedrooms | $220K | $330K | +50.0% |
4 Bedrooms | $370K | $517.5K | +39.9% |
5+ Bedrooms | $450K | - | N/A |
Summary: Benona Township housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 30.6%, 2 bedroom homes increased by 5.8%, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 39.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Mears | $310K | $384.9K | +24.2% |
Golden Township | $310K | $380K | +22.6% |
Shelby Township | $189K | $220K | +16.4% |
Benona Township | $370K | $330K | -10.8% |
Housing Supply in Benona Township, MI
How many homes are available in Benona Township, MI?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
7 | 7 | 0.0% |
Summary: The Benona Township real estate market had 7 homes for sale in February 2024, the same as January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 2 | 2 | 0.0% |
3 Bedrooms | 1 | 1 | 0.0% |
4 Bedrooms | 3 | 3 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Benona Township housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
0 | 2 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Benona Township in February 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Benona Township, MI
How long does it take to sell a home in Benona Township, MI?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
97 Days | 5 Days | -94.8% |
Summary: Homes in Benona Township had an average of 5 days on market in Feb 2024, down by 94.8% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During February 2024, 2 homes were sold in Benona Township; 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.