$1,188 Closing Credit*
$100,000
1,160 SqFt
3 Beds
•1 Full Bath
Angela Evans, Listing Office: HOME SWEET HOME REAL ESTATE
Is Benton Township, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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, IL
How much do homes in Benton Township, IL cost?
Median Sold Price
$90,000
$69/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$11,250(-11.1%)
Key Takeaway
Homes in Benton Township have sold for 11.1% less than they did a year ago.
Summary: The median home sold price in Benton Township was $90,000 in October 2024, down 11.1% from last year, and the median price per square foot was $69.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $34.2K | $17.7K | -48.3% |
| 2 Bedrooms | $67.4K | $69.5K | +3.0% |
| 3 Bedrooms | $112.4K | $118K | +4.9% |
| 4 Bedrooms | $152.2K | $184K | +20.9% |
| 5+ Bedrooms | $210K | $452.5K | +115.5% |
Summary: Benton Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 48.3%, 2 bedroom homes increased by 3%, 3 bedroom homes increased by 4.9%, 4 bedroom homes increased by 20.9%, and 5+ bedroom homes increased by 115.5%.
Median Sold Price Compared To Nearby Cities
| Frankfort Township | $362.5K | $410K | +13.1% |
| Benton | $98.8K | $90K | -8.9% |
| Benton Township | $101.2K | $90K | -11.1% |
Housing Supply in Benton Township, IL
How many homes are available in Benton Township, IL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 52 | 58 | +11.5% |
Summary: The Benton Township real estate market had 58 homes for sale in October 2024, a 11.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 25 | 27 | +8.0% |
| 3 Bedrooms | 15 | 20 | +33.3% |
| 4 Bedrooms | 10 | 9 | -10.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Benton Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 8%, 3 bedroom homes increased by 33.3%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 17 | +88.9% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Benton Township, you may be able to get a good deal. 58.8% of homes here sold below asking price last month.
Summary: A total of 17 homes were sold or pending in Benton Township in October 2024, up by 88.9% month-over-month. Of the 17 sold homes, 59% were sold under asking, 18% were sold at asking, and 24% were sold over asking.
Days on Market for Benton Township, IL
How long does it take to sell a home in Benton Township, IL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 38 Days | 38 Days | -0.5% |
Summary: Homes in Benton Township had an average of 38 days on market in Oct 2024, down by 0.5% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Benton Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 17 homes were sold in Benton Township; 71% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.
Listings courtesy of RMLS Alliance as distributed by MLS GRID.