$1,271 Closing Credit*
$107,000
1,056 SqFt
3 Beds
•2 Full Baths
Kimberly Desett, Listing Office: Heavenly Homes 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 November 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
$90,500
$72/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$7,500(-7.7%)
Key Takeaway
Homes in Benton Township have sold for 7.7% less than they did a year ago.
Summary: The median home sold price in Benton Township was $90,500 in November 2024, down 7.7% from last year, and the median price per square foot was $72.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $33.1K | $25.4K | -23.3% |
| 2 Bedrooms | $63.9K | $70.8K | +10.8% |
| 3 Bedrooms | $112.4K | $120K | +6.7% |
| 4 Bedrooms | $152.2K | $161.5K | +6.1% |
| 5+ Bedrooms | $210K | $452.5K | +115.5% |
Summary: Benton Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 23.3%, 2 bedroom homes increased by 10.8%, 3 bedroom homes increased by 6.7%, 4 bedroom homes increased by 6.1%, and 5+ bedroom homes increased by 115.5%.
Median Sold Price Compared To Nearby Cities
| Frankfort Township | $365.5K | $425K | +16.3% |
| Benton | $95.8K | $90K | -6.1% |
| Benton Township | $98K | $90.5K | -7.7% |
Housing Supply in Benton Township, IL
How many homes are available in Benton Township, IL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 57 | 50 | -12.3% |
Summary: The Benton Township real estate market had 50 homes for sale in November 2024, a 12.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 25 | 14 | -44.0% |
| 3 Bedrooms | 21 | 26 | +23.8% |
| 4 Bedrooms | 9 | 9 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Benton Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 44%, 3 bedroom homes increased by 23.8%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 17 | 12 | -29.4% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Benton Township, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in Benton Township in November 2024, down by 29.4% month-over-month. Of the 12 sold homes, 67% were sold under asking, 25% were sold at asking, and 8% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 61 Days | 33 Days | -46.4% |
Summary: Homes in Benton Township had an average of 33 days on market in Nov 2024, down by 46.4% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Benton Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 12 homes were sold in Benton Township; 67% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
Listings courtesy of RMLS Alliance as distributed by MLS GRID.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.