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 seller's market

Buyer's
Market

Difference Since June 2023

Since last year, North Benton Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in North Benton Township, MO

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

Median Sold Price

$143,000

-

Based on all homes sold in the last 12 months.

Difference Since June 2023

-$9,000(-5.9%)

Key Takeaway

Homes in North Benton Township have sold for 5.9% less than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSJun 2023Jun 2024CHANGE
1 $40K-
N/A
2 $108.2K$125K
+15.5%
3 $209K$151K
-27.8%
4 $128.5K$150K
+16.7%
5+ $400K$285K
-28.7%

Summary: North Benton Township housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 15.5%, 3 bedroom homes decreased by 27.8%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes decreased by 28.7%.

Median Sold Price Compared To Nearby Cities

South Benton Township
+20.5%
Buffalo
-4.2%
North Benton Township
-5.9%

Housing Supply in North Benton Township, MO

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

Number of Homes For Sale

May 2024Jun 2024CHANGE
2325+8.7%

Summary: The North Benton Township real estate market had 25 homes for sale in June 2024, a 8.7% increase compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 11
0.0%
2 67
+16.7%
3 1413
-7.1%
4 12
+100.0%
5+ 12
+100.0%

Summary: The North Benton Township housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 16.7%, 3 bedroom homes decreased by 7.1%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

May 2024Jun 2024CHANGE
37+133.3%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

0 Homes Were 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. 100% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in North Benton Township in June 2024, up by 133.3% month-over-month. Of the 7 sold homes, 100% were sold under asking, 0% 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

Jun 2023Jun 2024CHANGE
29 Days31 Days+7.9%

Summary: Homes in North Benton Township had an average of 31 days on market in Jun 2024, up by 7.9% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was 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 June 2024, 7 homes were sold in North Benton Township; 71% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 14% 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 26 Days Ago

Newest Listings in North Benton Township, MO

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