$3,739 Closing Credit*
$314,900
1,120 SqFt
3 Beds
•2 Full Baths, 1 Partial
Gretta V and Jamie Lee Group, Listing Office: @properties Christie's International R.E.
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 October 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
$156,800
$145/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$16,975(+12.1%)
Key Takeaway
Homes in Benton Charter Township have sold for 12.1% more than they did a year ago.
Summary: The median home sold price in Benton Charter Township was $156,800 in October 2024, up 12.1% from last year, and the median price per square foot was $145.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $57K | - | N/A |
| 2 Bedrooms | $85.4K | $112.5K | +31.7% |
| 3 Bedrooms | $150K | $167.7K | +11.8% |
| 4 Bedrooms | $308.1K | $273.2K | -11.3% |
| 5+ Bedrooms | $306K | - | N/A |
Summary: Benton Charter Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 31.7%, 3 bedroom homes increased by 11.8%, 4 bedroom homes decreased by 11.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Bainbridge Township | $250K | $365K | +46.0% |
| Benton Charter Township | $139.8K | $156.8K | +12.1% |
| Benton Harbor | $152K | $170K | +11.8% |
| Hagar Township | $238K | $259K | +8.8% |
| Royalton Township | $400K | $420K | +5.0% |
Housing Supply in Benton Charter Township, MI
How many homes are available in Benton Charter Township, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 53 | 49 | -7.5% |
Summary: The Benton Charter Township real estate market had 49 homes for sale in October 2024, a 7.5% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 11 | 12 | +9.1% |
| 3 Bedrooms | 22 | 20 | -9.1% |
| 4 Bedrooms | 17 | 13 | -23.5% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Benton Charter Township 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 increased by 9.1%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes decreased by 23.5%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 14 | +75.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
4 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. 35.7% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in Benton Charter Township in October 2024, up by 75.0% month-over-month. Of the 14 sold homes, 36% were sold under asking, 36% were sold at asking, and 29% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 103 Days | 68 Days | -33.5% |
Summary: Homes in Benton Charter Township had an average of 68 days on market in Oct 2024, down by 33.5% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Benton Charter Township has remained consistent over time.
Summary: During October 2024, 14 homes were sold in Benton Charter Township; 36% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.
