Is Benton, PA 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 has remained a Seller's Market.
Key Takeaway
Benton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Benton, PA
How much do homes in Benton, PA cost?
Median Sold Price
$220,850
$162/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
The sold price of homes in Benton has remained the same since last year.
Summary: The median home sold price in Benton was $220,850 in April 2024, up 0.4% from last year, and the median price per square foot was $162.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $390K | N/A |
| 2 Bedrooms | $220K | $197K | -10.4% |
| 3 Bedrooms | $212K | $210.8K | -0.5% |
| 4 Bedrooms | $232K | $378K | +62.9% |
| 5+ Bedrooms | $175K | $494.5K | +182.6% |
Summary: Benton 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 10.4%, 3 bedroom homes decreased by 0.5%, 4 bedroom homes increased by 62.9%, and 5+ bedroom homes increased by 182.6%.
Median Sold Price Compared To Nearby Cities
| Benton | $220K | $220.8K | 0.4% |
| Benton Township | $220K | $220.8K | 0.4% |
Housing Supply in Benton, PA
How many homes are available in Benton, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 14 | 12 | -14.3% |
Summary: The Benton real estate market had 12 homes for sale in April 2024, a 14.3% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 5 | 5 | 0.0% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Benton 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 50%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Benton, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Benton in April 2024, the same as the previous month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Benton, PA
We’re sorry, we don't have information for this market at the moment
