Is Benton County, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Benton County is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Benton County has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Benton County, IN

How much do homes in Benton County, IN cost?

Median Sold Price

$175,000

$120/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$17,000(-8.9%)

Key Takeaway

Homes in Benton County have sold for 8.9% less than they did a month ago.

Summary: The median home sold price in Benton County was $175,000 in October 2024, down 8.9% from last month, and the median price per square foot was $120.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $166.7K$118K
-29.2%
3 $207K$177K
-14.5%
4 $230K$165K
-28.3%
5+ --
N/A

Summary: Benton County housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 29.2%, 3 bedroom homes decreased by 14.5%, 4 bedroom homes decreased by 28.3%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Counties

Warren County
+38.6%
White County
+8.3%
Tippecanoe County
+1.3%
Benton County
-8.9%

Housing Supply in Benton County, IN

How many homes are available in Benton County, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4749+4.3%

Summary: The Benton County real estate market had 49 homes for sale in October 2024, a 4.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 76
-14.3%
3 2626
0.0%
4 1012
+20.0%
5+ 45
+25.0%

Summary: The Benton County 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 decreased by 14.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1410-28.6%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Benton County, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in Benton County in October 2024, down by 28.6% month-over-month. Of the 10 sold homes, 50% were sold under asking, 30% were sold at asking, and 20% were sold over asking.

Days on Market for Benton County, IN

How long does it take to sell a home in Benton County, IN?

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Benton County are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 10 homes were sold in Benton County; 10% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 4 Days Ago

Newest Listings in Benton County, IN

Nearby Markets to Benton County, IN

What housing markets are near Benton County, IN?