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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Benton Township is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Benton Township was a Seller's Market.

Key Takeaway

Benton Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Benton Township, IN

How much do homes in Benton Township, IN cost?

Median Sold Price

$370,000

$186/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$421,750(-53.3%)

Key Takeaway

Homes in Benton Township have sold for 53.3% less than they did a month ago.

Summary: The median home sold price in Benton Township was $370,000 in November 2024, down 53.3% from last month, and the median price per square foot was $186.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $733.5K$415K
-43.4%
4 $850K$350K
-58.8%
5+ --
N/A

Summary: Benton Township 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 did not change, 3 bedroom homes decreased by 43.4%, 4 bedroom homes decreased by 58.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Washington Township
+17.5%
Benton Township
-53.3%

Housing Supply in Benton Township, IN

How many homes are available in Benton Township, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2220-9.1%

Summary: The Benton Township real estate market had 20 homes for sale in November 2024, a 9.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 24
+100.0%
3 128
-33.3%
4 77
0.0%
5+ 11
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 remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
43-25.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Benton Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Benton Township in November 2024, down by 25.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Benton Township, 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 17 Days Ago

Newest Listings in Benton Township, IN

Nearby Markets to Benton Township, IN

What housing markets are near Benton Township, IN?