New - 1 day on Rocket
$1,283 Closing Credit¹
Sue Louiselle, Listing Office: Coldwell Banker Schmidt Traverse City
Benzie County Housing Market Report December 2024•Benzie County, Michigan
Housing Prices in Benzie County, MI
How much do homes in Benzie County, MI cost?
Housing Market Conditions
Is Benzie County, MI a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Benzie County is a Seller's Market
Difference Since December 2023
Since last year, Benzie County has remained a Seller's Market.
Insight
Benzie County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$354,225$234/SqFt
+$11,775
+3.4%
Based on all homes sold in the last 12 months
Insight
Homes in Benzie County have sold for 3.4% more than they did a year ago.
Summary: The median home sold price in Benzie County was $354,225 in December 2024, up 3.4% from last year, and the median price per square foot was $234.
Median Sold Price By City
| City | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| Grand Traverse County | $406K | $437.1K | +7.6% |
| Benzie County | $342.4K | $354.2K | +3.4% |
| Leelanau County | $650K | $625K | -3.8% |
Median Sold Price By Bedrooms
| Beds | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $220.5K | $164.9K | -25.2% |
| 22 Bedrooms | $300K | $275K | -8.3% |
| 33 Bedrooms | $314K | $372.9K | +18.8% |
| 44 Bedrooms | $465K | $398K | -14.4% |
| 55+ Bedrooms | $622.5K | $1.0M | +60.6% |
Summary: Benzie County housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes decreased by -25.2%. The home price for 2 bedroom homes decreased by -8.3%. The home price for 3 bedroom homes increased by +18.8%. The home price for 4 bedroom homes decreased by -14.4%. The home price for 5 bedroom homes increased by +60.6%.
Housing supply in Benzie County, MI
How many homes are available in Benzie County, MI?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 79Last MonthDec 2024 | ||
| 912 months agoNov 2024 | -13.2 % Change MoMNov – Dec |
Summary: The Benzie County real estate market had 79 homes for sale in Dec 2024, a 13.2 % decrease compared to Nov 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 22Last MonthDec 2024 | ||
| 272 months agoNov 2024 | -18.5 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 5 | 6 | +20.0% |
| 22 Bedrooms | 11 | 12 | +9.1% |
| 33 Bedrooms | 50 | 41 | -18.0% |
| 44 Bedrooms | 16 | 12 | -25.0% |
| 55+ Bedrooms | 9 | 8 | -11.1% |
Summary: Benzie County housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes increased by +20.0%. The inventory for 2 bedroom homes increased by +9.1%. The inventory for 3 bedroom homes decreased by -18.0%. The inventory for 4 bedroom homes decreased by -25.0%. The inventory for 5 bedroom homes decreased by -11.1%.
Asking Price vs. Sold Price
How much do homes in Benzie County, MI cost?
Over Asking Price4 Homes
At Asking Price0 Home
Under Asking Price18 Homes
Insight
If you're buying a home in Benzie County, you may be able to get a good deal. 81.8% of homes here sold below asking price last month.
Summary: A total of 22 homes were sold or pending in Benzie County in December 2024, down by 18.5% month-over-month. Of the 22 sold homes, 82% were sold under asking, 0% were sold at asking, and and 18% were sold over asking.
Days on Market for Benzie County, MI
How long does it take to sell a home in Benzie County, MI?
Breakdown of Home Sale Times
Under 30 Days1 Home
30 – 90 Days10 Homes
Over 90 Days10 Homes
Insight
Avg time on Rocket Homes in Benzie County has remained consistent over time.
Summary: During December 2024, 22 homes were sold in Benzie County; 5% of homes were sold within 30 days, 45% of homes were sold within 30 to 90 days, and 45% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 104 DaysThis YearDec 2024 | ||
| 56 Days1 year agoDec 2023 | +84.7 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in Benzie County had an average listing age of 104 days in Dec 2024, up by 84.7% compared to the previous year.
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Newest Listings in Benzie County, MI
What homes are available in Benzie County, MI?
New - 1 day on Rocket
$5,807 Closing Credit¹
Doug Taylor, Listing Office: Coldwell Banker Schmidt-Benzie
New - 4 days on Rocket
$5,807 Closing Credit¹
Doug Taylor, Listing Office: Coldwell Banker Schmidt-Benzie
New - 4 days on Rocket
Tamara Vomastek, Listing Office: Terra Real Estate
New - 7 days on Rocket
Jennie Dunaway, Listing Office: REO-TCBeulah-Frankfort-233027
New - 7 days on Rocket
$2,838 Closing Credit¹
Jeff Pyciak, Listing Office: Coldwell Banker Schmidt-Benzie
$3,046 Closing Credit¹
Jeff Pyciak, Listing Office: Coldwell Banker Schmidt-Benzie
$6,413 Closing Credit¹
Judy A Curtice-Porter, Stephanie P Flor, Listing Office: REO-TCRandolph-233022
Video tour
$9,024 Closing Credit¹
Edward Sherman, Listing Office: HomeRealty, LLC
Video tour
$10,000 Closing Credit¹
Jess Wesner Garrison, Listing Office: Coldwell Banker Woodland Schmidt Grand Haven
Leonard Merrill, Listing Office: Sterling Realty Alpha
Karon Velek, Listing Office: Five Star Real Estate - Front St TC
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MLS Disclaimers and Copyright
Based on information from Northern Great Lakes Realtors MLS, Michigan Regional Information Center LLC, and RealComp II Ltd. for the period 01/01/2023 - 01/01/2025
Copyright © 2025 Northern Great Lakes REALTORS® MLS™ All Rights Reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/29/2025, 3:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/29/2025, 3:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Disclaimer: Information deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of MichRIC, LLC. Real estate listings held by brokerage firms other than this broker are marked with the BR logo and detailed information includes the name of the listing broker. Copyright 2025 Grand Rapids Association of REALTORS® / Copyright © MichRIC, LLC. / MLS Exchange Inc. All rights reserved.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/29/2025, 3:25:15 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.
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: 1/29/2025, 3:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.