Is Benton Township, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Benton Township has remained a Seller's Market.
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
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $145K | $189K | +30.3% |
3 Bedrooms | $227.5K | $235K | +3.3% |
4 Bedrooms | $287.5K | $378K | +31.5% |
5+ Bedrooms | $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 | $280K | $302.5K | +8.0% |
Benton Township | $250.5K | $260.4K | +4.0% |
Washington Township | $300K | $298.5K | -0.5% |
Housing Supply in Benton Township, MO
How many homes are available in Benton Township, MO?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
46 | 43 | -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
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 8 | 7 | -12.5% |
3 Bedrooms | 24 | 29 | +20.8% |
4 Bedrooms | 13 | 6 | -53.8% |
5+ Bedrooms | 1 | 1 | 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 2024 | Apr 2024 | CHANGE |
---|---|---|
8 | 10 | +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
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 2023 | Apr 2024 | CHANGE |
---|---|---|
70 Days | 36 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
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.