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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing West Benton Township is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in West Benton Township, MO

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

Median Sold Price

$212,500

$143/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$11,500(+5.7%)

Key Takeaway

Homes in West Benton Township have sold for 5.7% more than they did a year ago.

Summary: The median home sold price in West Benton Township was $212,500 in April 2024, up 5.7% from last year, and the median price per square foot was $143.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $310K-
N/A
2 $170K$161.2K
-5.1%
3 $183.5K$224.9K
+22.6%
4 $192.1K$565K
+194.0%
5+ $313K$115K
-63.3%

Summary: West 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 decreased by 5.1%, 3 bedroom homes increased by 22.6%, 4 bedroom homes increased by 194%, and 5+ bedroom homes decreased by 63.3%.

Median Sold Price Compared To Nearby Cities

Erie Goodman Township
+25.4%
Neosho
+18.1%
West Benton Township
+5.7%
Buffalo Township
-3.0%

Housing Supply in West Benton Township, MO

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

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
18180.0%

Summary: The West Benton Township real estate market had 18 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 10
-100.0%
2 34
+33.3%
3 34
+33.3%
4 75
-28.6%
5+ 45
+25.0%

Summary: The West Benton Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 33.3%, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
37+133.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in West Benton Township, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in West Benton Township in April 2024, up by 133.3% month-over-month. Of the 5 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% were sold over asking.

Days on Market for West Benton Township, MO

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

Average Sale Time

Apr 2023Apr 2024CHANGE
57 Days57 Days+1.0%

Summary: Homes in West Benton Township had an average of 57 days on market in Apr 2024, up by 1% 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 West Benton Township are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 7 homes were sold in West 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 16 Days Ago

Newest Listings in West Benton Township, MO

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