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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Benton Township is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Benton Township, MO

How much do homes in Benton Township, MO cost?

Median Sold Price

$260,450

-

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$9,950(+4.0%)

Key Takeaway

Homes in Benton Township have sold for 4% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $145K$189K
+30.3%
3 $227.5K$235K
+3.3%
4 $287.5K$378K
+31.5%
5+ $440K$635K
+44.3%

Summary: Benton Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 30.3%, 3 bedroom homes increased by 3.3%, 4 bedroom homes increased by 31.5%, and 5+ bedroom homes increased by 44.3%.

Median Sold Price Compared To Nearby Cities

Rogersville
+8.0%
Benton Township
+4.0%
Washington Township
-0.5%

Housing Supply in Benton Township, MO

How many homes are available in Benton Township, MO?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
4643-6.5%

Summary: The Benton Township real estate market had 43 homes for sale in April 2024, a 6.5% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 87
-12.5%
3 2429
+20.8%
4 136
-53.8%
5+ 11
0.0%

Summary: The Benton Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 12.5%, 3 bedroom homes increased by 20.8%, 4 bedroom homes decreased by 53.8%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
810+25.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Benton Township, expect to pay close to the asking price. 44.4% of homes here sold near the asking price last month.

Summary: A total of 10 homes were sold or pending in Benton Township in April 2024, up by 25.0% month-over-month. Of the 9 sold homes, 33% were sold under asking, 44% were sold at asking, and 22% were sold over asking.

Days on Market for Benton Township, MO

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

Average Sale Time

Apr 2023Apr 2024CHANGE
70 Days36 Days-48.2%

Summary: Homes in Benton Township had an average of 36 days on market in Apr 2024, down by 48.2% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 10 homes were sold in Benton Township; 50% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 10% 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 17 Days Ago

Newest Listings in Benton Township, MO

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