$225,000
0.85 Acres
Land
Lucia Turlington, Listing Office: Turlington Real Estate Group
Is Benson, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Benson has remained a Seller's Market.
Key Takeaway
Benson is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Benson, NC
How much do homes in Benson, NC cost?
Median Sold Price
$349,900
$189/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$3,950(+1.1%)
Key Takeaway
Homes in Benson have sold for 1.1% more than they did a year ago.
Summary: The median home sold price in Benson was $349,900 in October 2024, up 1.1% from last year, and the median price per square foot was $189.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $180K | - | N/A |
| 2 Bedrooms | $160.2K | $189K | +18.0% |
| 3 Bedrooms | $335K | $332.4K | -0.8% |
| 4 Bedrooms | $393.4K | $422.4K | +7.4% |
| 5+ Bedrooms | $457.4K | $513.6K | +12.3% |
Summary: Benson housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 18%, 3 bedroom homes decreased by 0.8%, 4 bedroom homes increased by 7.4%, and 5+ bedroom homes increased by 12.3%.
Median Sold Price Compared To Nearby Cities
| Grove Township | $270K | $285K | +5.6% |
| Benson | $345.9K | $349.9K | +1.1% |
| Banner Township | $326K | $314.9K | -3.4% |
Housing Supply in Benson, NC
How many homes are available in Benson, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 106 | 101 | -4.7% |
Summary: The Benson real estate market had 101 homes for sale in October 2024, a 4.7% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 72 | 73 | +1.4% |
| 4 Bedrooms | 30 | 23 | -23.3% |
| 5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The Benson 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 decreased by 50%, 3 bedroom homes increased by 1.4%, 4 bedroom homes decreased by 23.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 20 | 18 | -10.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Benson, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.
Summary: A total of 18 homes were sold or pending in Benson in October 2024, down by 10.0% month-over-month. Of the 18 sold homes, 44% were sold under asking, 44% were sold at asking, and 11% were sold over asking.
Days on Market for Benson, NC
How long does it take to sell a home in Benson, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 74 Days | 55 Days | -25.8% |
Summary: Homes in Benson had an average of 55 days on market in Oct 2024, down by 25.8% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Benson are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 18 homes were sold in Benson; 44% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
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