$3,158 Closing Credit*
$265,900
1,600 SqFt
2 Beds
•1 Full Bath
Listing Office: Zielsdorf Auction & Real Estate
Is Benson Township, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2023
Since last year, Benson Township has remained a Neutral Market.
Key Takeaway
Benson Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Benson Township, MN
How much do homes in Benson Township, MN cost?
Median Sold Price
$154,500
$106/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
-$10,000(-6.1%)
Key Takeaway
Homes in Benson Township have sold for 6.1% less than they did a year ago.
Summary: The median home sold price in Benson Township was $154,500 in August 2024, down 6.1% from last year, and the median price per square foot was $106.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $62K | $62.5K | +0.8% |
| 2 Bedrooms | $155K | $130K | -16.1% |
| 3 Bedrooms | $135K | $145K | +7.4% |
| 4 Bedrooms | $219.9K | $225K | +2.3% |
| 5+ Bedrooms | $325K | $139.9K | -57.0% |
Summary: Benson Township housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.8%, 2 bedroom homes decreased by 16.1%, 3 bedroom homes increased by 7.4%, 4 bedroom homes increased by 2.3%, and 5+ bedroom homes decreased by 57%.
Median Sold Price Compared To Nearby Cities
| Benson Township | $164.5K | $154.5K | -6.1% |
| Benson | $165K | $154.5K | -6.4% |
Housing Supply in Benson Township, MN
How many homes are available in Benson Township, MN?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 15 | 20 | +33.3% |
Summary: The Benson Township real estate market had 20 homes for sale in August 2024, a 33.3% increase compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 7 | 8 | +14.3% |
| 4 Bedrooms | 4 | 7 | +75.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Benson Township housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 75%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 1 | 3 | +200.0% |
Asking Price vs. Sold Price
2 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 Benson Township, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Benson Township in August 2024, up by 200.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Benson Township, MN
How long does it take to sell a home in Benson Township, MN?
Average Sale Time
| Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|
| 90 Days | 44 Days | -50.8% |
Summary: Homes in Benson Township had an average of 44 days on market in Aug 2024, down by 50.8% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Benson Township has remained consistent over time.
Summary: During August 2024, 3 homes were sold in Benson Township; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
