$10,000 Closing Credit*
$849,000
2,352 SqFt
3 Beds
•3 Full Baths
Joseph Whitcomb, Listing Office: Coldwell Banker Valley Brokers
Is Benton County, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Benton County has remained a Seller's Market.
Key Takeaway
Benton County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Benton County, OR
How much do homes in Benton County, OR cost?
Median Sold Price
$497,240
$298/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$37,260(+8.1%)
Key Takeaway
Homes in Benton County have sold for 8.1% more than they did a month ago.
Summary: The median home sold price in Benton County was $497,240 in October 2024, up 8.1% from last month, and the median price per square foot was $298.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $407.6K | $336.5K | -17.4% |
| 3 Bedrooms | $484.9K | $494.5K | +2.0% |
| 4 Bedrooms | $532K | $499.9K | -6.0% |
| 5+ Bedrooms | $1.6M | $659.5K | -60.0% |
Summary: Benton County housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 17.4%, 3 bedroom homes increased by 2%, 4 bedroom homes decreased by 6%, and 5+ bedroom homes decreased by 60%.
Housing Supply in Benton County, OR
How many homes are available in Benton County, OR?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 92 | 82 | -10.9% |
Summary: The Benton County real estate market had 82 homes for sale in October 2024, a 10.9% 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 | 15 | 8 | -46.7% |
| 3 Bedrooms | 36 | 31 | -13.9% |
| 4 Bedrooms | 29 | 31 | +6.9% |
| 5+ Bedrooms | 12 | 12 | 0.0% |
Summary: The Benton County 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 46.7%, 3 bedroom homes decreased by 13.9%, 4 bedroom homes increased by 6.9%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 16 | 18 | +12.5% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Benton County, 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 Benton County in October 2024, up by 12.5% month-over-month. Of the 18 sold homes, 44% were sold under asking, 33% were sold at asking, and 22% were sold over asking.
Days on Market for Benton County, OR
How long does it take to sell a home in Benton County, OR?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 52 Days | 60 Days | +14.1% |
Summary: Homes in Benton County had an average of 60 days on market in Oct 2024, up by 14.1% compared to last month.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Benton County are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 18 homes were sold in Benton County; 50% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.
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