The housing market in Benton, OR County is quite strong and stable. The median value of homes in the county is $501,300, which is significantly higher than the US House Median Value of $338,100. Additionally, the US 1 year House Appreciation rate is 8.27%, while Benton, OR County has an appreciation rate of 8.16%. This indicates that real estate investments in the county are likely to remain strong and profitable for some time to come.
The median home cost in Benton County is $501,300. Home appreciation the last 10 years has been 143.8%. Home Appreciation in Benton County is up 14.2%.
Average Age of Homes
- The median age of Benton County real estate is 40 years old
The Rental Market in Benton County
- Renters make up 38.7% of the Benton County population
- 2.1% of houses and apartments in Benton County, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.