$9,263 Closing Credit*
$780,000
1,763 SqFt
3 Beds
•3 Full Baths
Jon Zickert, Listing Office: REO-TCBeulah-Frankfort-233027
Is Benzonia Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Benzonia Township was a Seller's Market.
Key Takeaway
Benzonia Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Benzonia Township, MI
How much do homes in Benzonia Township, MI cost?
Median Sold Price
$385,000
$230/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$45,100(+13.3%)
Key Takeaway
Homes in Benzonia Township have sold for 13.3% more than they did a year ago.
Summary: The median home sold price in Benzonia Township was $385,000 in November 2024, up 13.3% from last year, and the median price per square foot was $230.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $162.5K | - | N/A |
| 2 Bedrooms | $307.5K | $350K | +13.8% |
| 3 Bedrooms | $302.4K | $390K | +28.9% |
| 4 Bedrooms | $405K | $381K | -5.9% |
| 5+ Bedrooms | $269K | $1.1M | +312.6% |
Summary: Benzonia 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 13.8%, 3 bedroom homes increased by 28.9%, 4 bedroom homes decreased by 5.9%, and 5+ bedroom homes increased by 312.6%.
Median Sold Price Compared To Nearby Cities
| Benzonia Township | $339.9K | $385K | +13.3% |
| Beulah | $415.5K | $410K | -1.3% |
| Lake Township | $182K | $175.7K | -3.4% |
Housing Supply in Benzonia Township, MI
How many homes are available in Benzonia Township, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 25 | 23 | -8.0% |
Summary: The Benzonia Township real estate market had 23 homes for sale in November 2024, a 8.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 2 | -66.7% |
| 3 Bedrooms | 13 | 13 | 0.0% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The Benzonia 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 decreased by 66.7%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 3 | -40.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was 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. 33.3% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Benzonia Township in November 2024, down by 40.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 36 Days | 78 Days | +113.6% |
Summary: Homes in Benzonia Township had an average of 78 days on market in Nov 2024, up by 113.6% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Benzonia Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 3 homes were sold in Benzonia Township; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
