Is North Benton Township, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing North Benton Township is a buyer's market

Buyer's
Market

Difference Since May 2023

At the same time last year, North Benton Township was a Neutral Market.

Key Takeaway

North Benton Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in North Benton Township, MO

How much do homes in North Benton Township, MO cost?

Median Sold Price

$145,000

-

Based on all homes sold in the last 12 months.

Difference Since May 2023

-$7,000(-4.6%)

Key Takeaway

Homes in North Benton Township have sold for 4.6% less than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $40K-
N/A
2 $110K$125K
+13.6%
3 $185K$159.9K
-13.5%
4 $125K$360K
+188.0%
5+ $400K$285K
-28.7%

Summary: North Benton Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 13.6%, 3 bedroom homes decreased by 13.5%, 4 bedroom homes increased by 188%, and 5+ bedroom homes decreased by 28.7%.

Median Sold Price Compared To Nearby Cities

Buffalo
-3.6%
North Benton Township
-4.6%

Housing Supply in North Benton Township, MO

How many homes are available in North Benton Township, MO?

Number of Homes For Sale

Apr 2024May 2024CHANGE
2022+10.0%

Summary: The North Benton Township real estate market had 22 homes for sale in May 2024, a 10.0% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 01
+100.0%
2 66
0.0%
3 1313
0.0%
4 01
+100.0%
5+ 11
0.0%

Summary: The North Benton Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
42-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in North Benton Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in North Benton Township in May 2024, down by 50.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for North Benton Township, MO

How long does it take to sell a home in North Benton Township, MO?

Average Sale Time

May 2023May 2024CHANGE
31 Days6 Days-80.9%

Summary: Homes in North Benton Township had an average of 6 days on market in May 2024, down by 80.9% 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

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 2 homes were sold in North Benton 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.

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

Report Updated 20 Days Ago

Newest Listings in North Benton Township, MO

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