$1,045 Closing Credit*
$88,000
892 SqFt
2 Beds
•1 Bath
Listing Office: Legacy Land & Home
Is Benson Township, MN 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, Benson Township was a Buyer's Market.
Key Takeaway
Benson Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Benson Township, MN
How much do homes in Benson Township, MN cost?
Median Sold Price
$162,500
$107/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$2,500(-1.5%)
Key Takeaway
Homes in Benson Township have sold for 1.5% less than they did a year ago.
Summary: The median home sold price in Benson Township was $162,500 in November 2024, down 1.5% from last year, and the median price per square foot was $107.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $62.2K | - | N/A |
| 2 Bedrooms | $152.5K | $130K | -14.8% |
| 3 Bedrooms | $132.5K | $145K | +9.4% |
| 4 Bedrooms | $219.9K | $217.5K | -1.1% |
| 5+ Bedrooms | $302K | $216.9K | -28.2% |
Summary: Benson 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 decreased by 14.8%, 3 bedroom homes increased by 9.4%, 4 bedroom homes decreased by 1.1%, and 5+ bedroom homes decreased by 28.2%.
Median Sold Price Compared To Nearby Cities
| Benson Township | $165K | $162.5K | -1.5% |
| Benson | $167.9K | $162.5K | -3.2% |
Housing Supply in Benson Township, MN
How many homes are available in Benson Township, MN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 26 | 26 | 0.0% |
Summary: The Benson Township real estate market had 26 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 5 | 5 | 0.0% |
| 3 Bedrooms | 11 | 10 | -9.1% |
| 4 Bedrooms | 7 | 7 | 0.0% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Benson 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 remained the same, 3 bedroom homes decreased by 9.1%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 5 | +66.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Benson Township, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Benson Township in November 2024, up by 66.7% month-over-month. Of the 5 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 181 Days | 10 Days | -94.5% |
Summary: Homes in Benson Township had an average of 10 days on market in Nov 2024, down by 94.5% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Benson Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 5 homes were sold in Benson Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
