The median value of housing in Benton, LA is $322,800, which is slightly lower than the US median house value of $338,100. In the past year, the US house appreciation rate was 8.27%, while Benton, LA experienced a 5.41% increase in housing value appreciation. This suggests that while the cost of houses in Benton may be lower than the national average, it still has seen an overall increase in home values over the past year.
The median home cost in Benton is $322,800. Home appreciation the last 10 years has been 31.9%. Home Appreciation in Benton is up 12.2%.
Average Age of Homes
- The median age of Benton real estate is 38 years old
The Rental Market in Benton
- Renters make up 35.7% of the Benton population
- 1.6% 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.