Is Benton Township, AR 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 Township has remained a Seller's Market.
Housing Prices in Benton Township, AR
How much do homes in Benton Township, AR cost?
Median Sold Price
$228,900
$149/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Summary: The median home sold price in Benton Township was $228,900 in April 2024, down 11.6% from last month, and the median price per square foot was $149.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $124K | $156K | +25.8% |
3 Bedrooms | $209K | $205K | -1.9% |
4 Bedrooms | $364.9K | $375.9K | +3.0% |
5+ Bedrooms | $747.5K | $642K | -14.1% |
Summary: Benton Township housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 25.8%, 3 bedroom homes decreased by 1.9%, 4 bedroom homes increased by 3%, and 5+ bedroom homes decreased by 14.1%.
Housing Supply in Benton Township, AR
How many homes are available in Benton Township, AR?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
293 | 296 | +1.0% |
Summary: The Benton Township real estate market had 296 homes for sale in April 2024, a 1.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 26 | 25 | -3.8% |
3 Bedrooms | 117 | 126 | +7.7% |
4 Bedrooms | 124 | 121 | -2.4% |
5+ Bedrooms | 26 | 23 | -11.5% |
Summary: The Benton Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 3.8%, 3 bedroom homes increased by 7.7%, 4 bedroom homes decreased by 2.4%, and 5+ bedroom homes decreased by 11.5%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
73 | 70 | -4.1% |
Asking Price vs. Sold Price
25 Homes Were Sold
Under Asking
25 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Summary: A total of 70 homes were sold or pending in Benton Township in April 2024, down by 4.1% month-over-month. Of the 65 sold homes, 38% were sold under asking, 38% were sold at asking, and 23% were sold over asking.
Days on Market for Benton Township, AR
How long does it take to sell a home in Benton Township, AR?
Average Sale Time
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
95 Days | 171 Days | +79.7% |
Summary: Homes in Benton Township had an average of 171 days on market in Apr 2024, up by 79.7% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 70 homes were sold in Benton Township; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.