Is Benzonia Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Benzonia Township was a Seller's Market.
Housing Prices in Benzonia Township, MI
How much do homes in Benzonia Township, MI cost?
Median Sold Price
$249,000
$199/sqft
Based on all homes sold in February 2024.
Difference Since Last Month
Summary: The median home sold price in Benzonia Township was $249,000 in February 2024, up 10.7% from last month, and the median price per square foot was $199.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | $249K | N/A |
3 Bedrooms | $298K | - | N/A |
4 Bedrooms | $72.5K | - | N/A |
5+ Bedrooms | - | - | N/A |
Summary: Benzonia Township housing prices by bedroom type for February 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Benzonia | $148.7K | $249K | +67.4% |
Benzonia Township | $225K | $249K | +10.7% |
Housing Supply in Benzonia Township, MI
How many homes are available in Benzonia Township, MI?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
9 | 8 | -11.1% |
Summary: The Benzonia Township real estate market had 8 homes for sale in February 2024, a 11.1% decrease compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 4 | 4 | 0.0% |
3 Bedrooms | 3 | 2 | -33.3% |
4 Bedrooms | 1 | 0 | -100.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Benzonia Township housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 33.3%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
3 | 1 | -66.7% |
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 Benzonia Township in February 2024, down by 66.7% month-over-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 Benzonia Township, MI
How long does it take to sell a home in Benzonia Township, MI?
Average Sale Time
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
57 Days | 47 Days | -17.5% |
Summary: Homes in Benzonia Township had an average of 47 days on market in Feb 2024, down by 17.5% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During February 2024, 1 homes were sold in Benzonia Township; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.