$3,680 Closing Credit*
$309,900
2,100 SqFt
4 Beds
•2 Full Baths
Morgan Meredith, Listing Office: Keller Williams Realty Lansing-East
Is Benton Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Benton Township was a Neutral Market.
Key Takeaway
Benton Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Benton Township, MI
How much do homes in Benton Township, MI cost?
Median Sold Price
$267,500
$166/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$17,250(+6.9%)
Key Takeaway
Homes in Benton Township have sold for 6.9% more than they did a year ago.
Summary: The median home sold price in Benton Township was $267,500 in October 2024, up 6.9% from last year, and the median price per square foot was $166.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $127.7K | $305K | +138.8% |
| 2 Bedrooms | $118.3K | $191.5K | +61.8% |
| 3 Bedrooms | $253K | $234.4K | -7.3% |
| 4 Bedrooms | $277.7K | $308.7K | +11.1% |
| 5+ Bedrooms | $630K | $392.5K | -37.7% |
Summary: Benton Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 138.8%, 2 bedroom homes increased by 61.8%, 3 bedroom homes decreased by 7.3%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes decreased by 37.7%.
Median Sold Price Compared To Nearby Cities
| Oneida Charter Township | $264.9K | $350K | +32.1% |
| Potterville | $230K | $280K | +21.7% |
| Windsor Charter Township | $260.7K | $292.5K | +12.2% |
| Benton Township | $250.2K | $267.5K | +6.9% |
Housing Supply in Benton Township, MI
How many homes are available in Benton Township, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 7 | -22.2% |
Summary: The Benton Township real estate market had 7 homes for sale in October 2024, a 22.2% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 5 | 3 | -40.0% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Benton 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 remained the same, 3 bedroom homes decreased by 40%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 4 | +33.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
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 4 homes were sold or pending in Benton Township in October 2024, up by 33.3% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Benton Township, MI
How long does it take to sell a home in Benton Township, MI?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 85 Days | 49 Days | -42.1% |
Summary: Homes in Benton Township had an average of 49 days on market in Oct 2024, down by 42.1% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Benton Township has remained consistent over time.
Summary: During October 2024, 4 homes were sold in Benton Township; 25% of homes were sold within 30 days, 75% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listing information is provided in part by the IDX Program of the MLS of the Greater Lansing Association of REALTORS®. IDX information is provided exclusively for Consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.