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

$190,000

$106/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$15,000(+8.6%)

Key Takeaway

Homes in Benton County have sold for 8.6% more than they did a month ago.

Summary: The median home sold price in Benton County was $190,000 in November 2024, up 8.6% from last month, and the median price per square foot was $106.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $118K$159.4K
+35.1%
3 $177K$227.7K
+28.7%
4 $165K$184K
+11.5%
5+ -$85K
N/A

Summary: Benton County housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 35.1%, 3 bedroom homes increased by 28.7%, 4 bedroom homes increased by 11.5%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Counties

Benton County
+8.6%
Tippecanoe County
-0.2%
Warren County
-24.0%
White County
-29.0%

Housing Supply in Benton County, IN

How many homes are available in Benton County, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4748+2.1%

Summary: The Benton County real estate market had 48 homes for sale in November 2024, a 2.1% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 55
0.0%
3 2824
-14.3%
4 1014
+40.0%
5+ 45
+25.0%

Summary: The Benton County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 14.3%, 4 bedroom homes increased by 40%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1013+30.0%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 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. 69.2% of homes here sold below asking price last month.

Summary: A total of 13 homes were sold or pending in Benton County in November 2024, up by 30.0% month-over-month. Of the 13 sold homes, 69% were sold under asking, 8% were sold at asking, and 23% were sold over asking.

Days on Market for Benton County, IN

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

Newest Listings in Benton County, IN

Nearby Markets to Benton County, IN

What housing markets are near Benton County, IN?