$10,000 Closing Credit*
$945,000
3,970 SqFt
3 Beds
•2 Full Baths
Jon M Zickert, Listing Office: Real Estate One Beulah
Is Benzonia Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Benzonia Township was a Buyer's Market.
Key Takeaway
Benzonia Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Benzonia Township, MI
How much do homes in Benzonia Township, MI cost?
Median Sold Price
$354,450
$299/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$673,050(-65.5%)
Key Takeaway
Homes in Benzonia Township have sold for 65.5% less than they did a month ago.
Summary: The median home sold price in Benzonia Township was $354,450 in October 2024, down 65.5% from last month, and the median price per square foot was $299.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $415K | N/A |
| 3 Bedrooms | - | $317.7K | N/A |
| 4 Bedrooms | $255K | - | N/A |
| 5+ Bedrooms | $1.8M | - | N/A |
Summary: Benzonia Township housing prices by bedroom type for October 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Benzonia | $255K | $354.4K | +39.0% |
| Benzonia Township | $1.0M | $354.4K | -65.5% |
Housing Supply in Benzonia Township, MI
How many homes are available in Benzonia Township, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 26 | 26 | 0.0% |
Summary: The Benzonia Township real estate market had 26 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 8 | +33.3% |
| 3 Bedrooms | 11 | 12 | +9.1% |
| 4 Bedrooms | 5 | 3 | -40.0% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Benzonia 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 33.3%, 3 bedroom homes increased by 9.1%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 5 | +66.7% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Benzonia Township, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Benzonia Township in October 2024, up by 66.7% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.
Days on Market for Benzonia Township, MI
How long does it take to sell a home in Benzonia Township, MI?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 43 Days | 73 Days | +68.1% |
Summary: Homes in Benzonia Township had an average of 73 days on market in Oct 2024, up by 68.1% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Benzonia Township has remained consistent over time.
Summary: During October 2024, 5 homes were sold in Benzonia Township; 0% of homes were sold within 30 days, 80% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
