$1,900 Closing Credit*
$160,000
960 SqFt
3 Beds
•1 Full Bath, 1 Partial
Brian Brant, Listing Office: Sunrise Real Estate, Inc.
Is Benton Charter Township, MI 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 Charter Township has remained a Seller's Market.
Key Takeaway
Benton Charter Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Benton Charter Township, MI
How much do homes in Benton Charter Township, MI cost?
Median Sold Price
$165,000
$120/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$20,500(+14.2%)
Key Takeaway
Homes in Benton Charter Township have sold for 14.2% more than they did a year ago.
Summary: The median home sold price in Benton Charter Township was $165,000 in November 2024, up 14.2% from last year, and the median price per square foot was $120.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $57K | - | N/A |
| 2 Bedrooms | $89.9K | $103.5K | +15.1% |
| 3 Bedrooms | $170K | $169.2K | -0.4% |
| 4 Bedrooms | $327.4K | $266.4K | -18.6% |
| 5+ Bedrooms | $306K | - | N/A |
Summary: Benton Charter Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 15.1%, 3 bedroom homes decreased by 0.4%, 4 bedroom homes decreased by 18.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Benton Harbor | $155K | $180K | +16.1% |
| Benton Charter Township | $144.5K | $165K | +14.2% |
| Hagar Township | $239K | $259K | +8.4% |
| Royalton Township | $410K | $420K | +2.4% |
Housing Supply in Benton Charter Township, MI
How many homes are available in Benton Charter Township, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 45 | 44 | -2.2% |
Summary: The Benton Charter Township real estate market had 44 homes for sale in November 2024, a 2.2% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 2 | +100.0% |
| 2 Bedrooms | 13 | 11 | -15.4% |
| 3 Bedrooms | 19 | 15 | -21.1% |
| 4 Bedrooms | 11 | 14 | +27.3% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Benton Charter Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 15.4%, 3 bedroom homes decreased by 21.1%, 4 bedroom homes increased by 27.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 15 | 9 | -40.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Benton Charter Township, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Benton Charter Township in November 2024, down by 40.0% month-over-month. Of the 9 sold homes, 44% were sold under asking, 33% were sold at asking, and 22% were sold over asking.
Days on Market for Benton Charter Township, MI
How long does it take to sell a home in Benton Charter Township, MI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 36 Days | 34 Days | -6.5% |
Summary: Homes in Benton Charter Township had an average of 34 days on market in Nov 2024, down by 6.5% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Benton Charter Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 9 homes were sold in Benton Charter Township; 67% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
