Is Benson, NE a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Benson is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 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, NE

How much do homes in Benson, NE cost?

Median Sold Price

$214,000

$136/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$14,000(+7.0%)

Key Takeaway

Homes in Benson have sold for 7% more than they did a month ago.

Summary: The median home sold price in Benson was $214,000 in November 2024, up 7% from last month, and the median price per square foot was $136.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 $135K-
N/A
2 $183K$126.3K
-31.0%
3 $201.5K$221K
+9.7%
4 $239.5K$266K
+11.1%
5+ $250K-
N/A

Summary: Benson housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 31%, 3 bedroom homes increased by 9.7%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Metcalfe / Harrison
+58.4%
Benson
+7.0%

Housing Supply in Benson, NE

How many homes are available in Benson, NE?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
8286+4.9%

Summary: The Benson real estate market had 86 homes for sale in November 2024, a 4.9% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 43
-25.0%
2 1625
+56.3%
3 4747
0.0%
4 138
-38.5%
5+ 23
+50.0%

Summary: The Benson housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes increased by 56.3%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 38.5%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3316-51.5%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Benson, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 16 homes were sold or pending in Benson in November 2024, down by 51.5% month-over-month. Of the 15 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.

Days on Market for Benson, NE

How long does it take to sell a home in Benson, NE?

Average Sale Time

Oct 2024Nov 2024CHANGE
10 Days15 Days+41.8%

Summary: Homes in Benson had an average of 15 days on market in Nov 2024, up by 41.8% compared to last month.

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Benson are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 16 homes were sold in Benson; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in Benson, NE

Nearby Markets to Benson, NE