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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing North Benton is a neutral's market

Buyer's
Market

Difference Since Last Month

Since last month, North Benton has remained a Neutral Market.

Key Takeaway

North Benton is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in North Benton, OH

How much do homes in North Benton, OH cost?

Median Sold Price

$405,000

$255/sqft

Based on all homes sold in February 2024.

Difference Since Last Month

+$20,000(+5.2%)

Key Takeaway

Homes in North Benton have sold for 5.2% more than they did a month ago.

Summary: The median home sold price in North Benton was $405,000 in February 2024, up 5.2% from last month, and the median price per square foot was $255.

Median Sold Price By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 --
N/A
2 --
N/A
3 $385K$405K
+5.2%
4 --
N/A
5+ --
N/A

Summary: North Benton 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 increased by 5.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Deerfield Township
+15.0%
North Benton
+5.2%
Berlin Township
-86.6%

Housing Supply in North Benton, OH

How many homes are available in North Benton, OH?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
660.0%

Summary: The North Benton real estate market had 6 homes for sale in February 2024, the same as January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 00
0.0%
3 33
0.0%
4 33
0.0%
5+ 00
0.0%

Summary: The North Benton 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 2024Feb 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in North Benton, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in North Benton in February 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for North Benton, OH

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

Average Sale Time

Jan 2024Feb 2024CHANGE
44 Days7 Days-84.1%

Summary: Homes in North Benton had an average of 7 days on market in Feb 2024, down by 84.1% compared to last month.

Breakdown of Home Sale Times

1 Home Was 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 are selling fast, if you're buying plan to act quickly.

Summary: During February 2024, 1 homes were sold in North Benton; 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 18 Days Ago

Newest Listings in North Benton, OH

Nearby Markets to North Benton, OH