The housing market in Benton, CA is quite robust. The median value of a house in Benton, CA is $269,700, which is lower than the US median house value of $338,100. In the past year, the US house appreciation rate was 8.27%, however, the appreciation rate of houses in Benton was 3.84%. This indicates that although the housing industry in Benton has seen growth over the last year, it has not been as great as other parts of the country. Nevertheless, this city remains an attractive option for real estate investment and residence.
The median home cost in Benton is $269,700. Home appreciation the last 10 years has been 182.0%. Home Appreciation in Benton is up 11.6%.
Average Age of Homes
- The median age of Benton real estate is 39 years old
The Rental Market in Benton
- Renters make up 24.8% of the Benton population
- 0.0% of houses and apartments in Benton, 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.