#66025006438, Mike McGivney, Listing Office: Allen Edwin Realty
Benton Harbor Housing Market Report January 2025•Berrien County, Michigan
Housing Prices in Benton Harbor, MI
How much do homes in Benton Harbor, MI cost?
Housing Market Conditions
Is Benton Harbor, MI a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Benton Harbor is a Neutral Market
Difference Since January 2024
At the same time last year, Benton Harbor was a Seller's Market.
Benton Harbor is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in Benton Harbor have sold for 9% more than they did a year ago.
Summary: The median home sold price in Benton Harbor was $180,000 in January 2025, up 9% from last year, and the median price per square foot was $120.
Median Sold Price By Cities
City | Jan 2024 | Jan 2025 | Change YoY |
---|---|---|---|
Benton Charter Township | $151.5K | $167K | +10.2% |
Benton Harbor | $165.2K | $180K | +9.0% |
Saint Joseph | $295K | $309K | +4.7% |
Median Sold Price By Bedrooms
Beds | Jan 2024 | Jan 2025 | Change YoY |
---|---|---|---|
11 Bedroom | $57K | $9.9K | -82.6% |
22 Bedrooms | $110K | $135K | +22.7% |
33 Bedrooms | $170K | $179.3K | +5.5% |
44 Bedrooms | $299.9K | $257.4K | -14.2% |
55+ Bedrooms | $330.5K | $543K | +64.3% |
Summary: Benton Harbor housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -82.6%. The home price for 2 bedroom homes increased by +22.7%. The home price for 3 bedroom homes increased by +5.5%. The home price for 4 bedroom homes decreased by -14.2%. The home price for 5 bedroom homes increased by +64.3%.
Housing supply in Benton Harbor, MI
How many homes are available in Benton Harbor, MI?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
81Last MonthJan 2025 | ||
842 months agoDec 2024 | -3.6 % Change MoMDec – Jan |
Summary: The Benton Harbor real estate market had 81 homes for sale in Jan 2025, a 3.6 % decrease compared to Dec 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
13Last MonthJan 2025 | ||
202 months agoDec 2024 | -35.0 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
Beds | Dec 2024 | Jan 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 2 | 1 | -50.0% |
22 Bedrooms | 21 | 21 | 0.0% |
33 Bedrooms | 32 | 32 | 0.0% |
44 Bedrooms | 25 | 24 | -4.0% |
55+ Bedrooms | 4 | 3 | -25.0% |
Summary: Benton Harbor housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes decreased by -50.0%. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes decreased by -4.0%. The inventory for 5 bedroom homes decreased by -25.0%.
Asking Price vs. Sold Price
How much do homes in Benton Harbor, MI cost?
Over Asking Price4 Homes
At Asking Price2 Homes
Under Asking Price7 Homes
If you're buying a home in Benton Harbor, you may be able to get a good deal. 53.8% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in Benton Harbor in January 2025, down by 35.0% month-over-month. Of the 13 sold homes, 54% were sold under asking, 15% were sold at asking, and and 31% were sold over asking.
Days on Market for Benton Harbor, MI
How long does it take to sell a home in Benton Harbor, MI?
Breakdown of Home Sale Times
Under 30 Days13 Homes
30 – 90 Days0 Home
Over 90 Days0 Home
Many homes in Benton Harbor are selling fast, if you're buying plan to act quickly.
Summary: During January 2025, 13 homes were sold in Benton Harbor; 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.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
10 DaysThis YearJan 2025 | ||
59 Days1 year agoJan 2024 | -82.8 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in Benton Harbor had an average listing age of 10 days in Jan 2025, down by 82.8% compared to the previous year.
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Newest Listings in Benton Harbor, MI
What homes are available in Benton Harbor, MI?
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MLS Disclaimers and Copyright
Based on information from Michigan Regional Information Center LLC, and RealComp II Ltd. for the period 02/01/2023 - 02/01/2025
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/22/2025, 9:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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IDX provided courtesy of Realcomp II Ltd. Copyright © 2025 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/22/2025, 9:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.