$6,234 Closing Credit*
$525,000
2,827 SqFt
5 Beds
•3 Full Baths, 1 Partial
Ryan Leonard Byerly, Listing Office: Mark Spain Real Estate
Is Benson, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 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
$347,450
$188/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$1,500(+0.4%)
Key Takeaway
The sold price of homes in Benson has remained the same since last year.
Summary: The median home sold price in Benson was $347,450 in November 2024, up 0.4% from last year, and the median price per square foot was $188.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $180K | - | N/A |
| 2 Bedrooms | $160.2K | $189K | +18.0% |
| 3 Bedrooms | $339.9K | $330.8K | -2.7% |
| 4 Bedrooms | $394K | $415.6K | +5.5% |
| 5+ Bedrooms | $457.4K | $513.6K | +12.3% |
Summary: Benson 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 18%, 3 bedroom homes decreased by 2.7%, 4 bedroom homes increased by 5.5%, and 5+ bedroom homes increased by 12.3%.
Median Sold Price Compared To Nearby Cities
| Grove Township | $261.2K | $285K | +9.1% |
| Benson | $345.9K | $347.4K | 0.4% |
| Banner Township | $325K | $314.9K | -3.1% |
Housing Supply in Benson, NC
How many homes are available in Benson, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 102 | 100 | -2.0% |
Summary: The Benson real estate market had 100 homes for sale in November 2024, a 2.0% 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 | 1 | 2 | +100.0% |
| 3 Bedrooms | 76 | 76 | 0.0% |
| 4 Bedrooms | 22 | 17 | -22.7% |
| 5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The Benson 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 increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 22.7%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 19 | 23 | +21.1% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Benson, expect to pay close to the asking price. 43.5% of homes here sold near the asking price last month.
Summary: A total of 23 homes were sold or pending in Benson in November 2024, up by 21.1% month-over-month. Of the 23 sold homes, 39% were sold under asking, 43% were sold at asking, and 17% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 101 Days | 40 Days | -59.8% |
Summary: Homes in Benson had an average of 40 days on market in Nov 2024, down by 59.8% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
4 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 November 2024, 23 homes were sold in Benson; 65% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
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