Is Benton Township, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Benton Township was a Seller's Market.
Housing Prices in Benton Township, MO
How much do homes in Benton Township, MO cost?
Median Sold Price
$176,500
-
Based on all homes sold in the last 12 months.
Difference Since May 2023
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $102.5K | $107.1K | +4.5% |
3 Bedrooms | $165K | $173K | +4.8% |
4 Bedrooms | $185K | $267.4K | +44.6% |
5+ Bedrooms | $250K | $245K | -2.0% |
Summary: Benton Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4.5%, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 44.6%, and 5+ bedroom homes decreased by 2%.
Median Sold Price Compared To Nearby Cities
Benton Township | $144.9K | $176.5K | +21.8% |
Ava | $157.4K | $187.9K | +19.4% |
Housing Supply in Benton Township, MO
How many homes are available in Benton Township, MO?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
43 | 49 | +14.0% |
Summary: The Benton Township real estate market had 49 homes for sale in May 2024, a 14.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 12 | 16 | +33.3% |
3 Bedrooms | 17 | 20 | +17.6% |
4 Bedrooms | 9 | 9 | 0.0% |
5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Benton Township housing inventory by bedroom type for May 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 17.6%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
5 | 7 | +40.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Benton Township in May 2024, up by 40.0% 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, MO
How long does it take to sell a home in Benton Township, MO?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
78 Days | 56 Days | -28.3% |
Summary: Homes in Benton Township had an average of 56 days on market in May 2024, down by 28.3% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 7 homes were sold in Benton Township; 71% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.