$325,000
50.00 Acres
Land
Susan Marie Kautz, Listing Office: Howard Hanna Rochester Inc.
Is Bennington, NY 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, Bennington has remained a Seller'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
$280,000
$170/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$9,900(-3.4%)
Key Takeaway
Homes in Bennington have sold for 3.4% less than they did a year ago.
Summary: The median home sold price in Bennington was $280,000 in November 2024, down 3.4% from last year, and the median price per square foot was $170.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $190K | $150K | -21.1% |
| 3 Bedrooms | $289.9K | $279.9K | -3.4% |
| 4 Bedrooms | $375K | $399K | +6.4% |
| 5+ Bedrooms | $338.6K | $533K | +57.4% |
Summary: Bennington 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 decreased by 21.1%, 3 bedroom homes decreased by 3.4%, 4 bedroom homes increased by 6.4%, and 5+ bedroom homes increased by 57.4%.
Housing Supply in Bennington, NY
How many homes are available in Bennington, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 | 6 | -45.5% |
Summary: The Bennington real estate market had 6 homes for sale in November 2024, a 45.5% 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 | 3 | 1 | -66.7% |
| 3 Bedrooms | 6 | 4 | -33.3% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Bennington 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 decreased by 66.7%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 2 | -66.7% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 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 2 homes were sold or pending in Bennington in November 2024, down by 66.7% month-over-month. Of the 2 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 20 Days | 19 Days | -5.0% |
Summary: Homes in Bennington had an average of 19 days on market in Nov 2024, down by 5% compared to last year.
Breakdown of Home Sale Times
2 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 November 2024, 2 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.
