$3,680 Closing Credit*
$309,900
1,596 SqFt
3 Beds
•1 Full Bath, 1 Partial
Nancy M Barry, Listing Office: Howard Hanna WNY Inc.
Is Bennington, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Bennington was a Buyer's Market.
Key Takeaway
Bennington is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Bennington, NY
How much do homes in Bennington, NY cost?
Median Sold Price
$279,950
$145/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$28,500(-9.2%)
Key Takeaway
Homes in Bennington have sold for 9.2% less than they did a year ago.
Summary: The median home sold price in Bennington was $279,950 in October 2024, down 9.2% from last year, and the median price per square foot was $145.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $112K | $170K | +51.8% |
| 3 Bedrooms | $289.9K | $279.9K | -3.4% |
| 4 Bedrooms | $405K | $284.5K | -29.8% |
| 5+ Bedrooms | $270K | $465K | +72.2% |
Summary: Bennington 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 51.8%, 3 bedroom homes decreased by 3.4%, 4 bedroom homes decreased by 29.8%, and 5+ bedroom homes increased by 72.2%.
Median Sold Price Compared To Nearby Cities
| Darien | $220K | $265K | +20.5% |
| Bennington | $308.4K | $279.9K | -9.2% |
Housing Supply in Bennington, NY
How many homes are available in Bennington, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 6 | -40.0% |
Summary: The Bennington real estate market had 6 homes for sale in October 2024, a 40.0% 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 | 3 | 2 | -33.3% |
| 3 Bedrooms | 4 | 3 | -25.0% |
| 4 Bedrooms | 3 | 1 | -66.7% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Bennington 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 33.3%, 3 bedroom homes decreased by 25%, 4 bedroom homes decreased by 66.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bennington, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in Bennington in October 2024, up by 50.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Bennington, NY
How long does it take to sell a home in Bennington, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 7 Days | 7 Days | -2.2% |
Summary: Homes in Bennington had an average of 7 days on market in Oct 2024, down by 2.2% compared to last year.
Breakdown of Home Sale Times
3 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 Bennington are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in Bennington; 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.
