The housing in Benson, AZ is a desirable market, with the median value of homes currently at $214,300. This is significantly lower than the US Median Value of $338,100. The 1 year appreciation rate for house values in Benson is also higher than the national average, coming in at 16.45% compared to 8.27%. This makes purchasing a home in Benson an attractive investment given its potential for increased equity. With prices lower than the national average and greater potential for appreciation, Benson is becoming increasingly popular for prospective homeowners looking to buy in Arizona.
The median home cost in Benson is $214,300. Home appreciation the last 10 years has been 88.3%. Home Appreciation in Benson is up 18.2%.
Average Age of Homes
- The median age of Benson real estate is 32 years old
The Rental Market in Benson
- Renters make up 24.5% of the Benson population
- 0.8% of houses and apartments in Benson, 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.