The housing market in Benjamin, TX is significantly lower than the rest of the US. The median value of a house in Benjamin is $73,000, compared to the national median value of $338,100. Looking at the appreciation rate for houses over the last year Benjamin has seen an increase of 7.07%, which is less than the 8.27% appreciation rate across the US. Despite having a lower home price and slower appreciation rate, Benjamin still offers affordable housing and potential buyers should consider their options when looking for a new home.
The median home cost in Benjamin is $73,000. Home appreciation the last 10 years has been 78.0%. Home Appreciation in Benjamin is up 12.3%.
Average Age of Homes
- The median age of Benjamin real estate is 50 years old
The Rental Market in Benjamin
- Renters make up 30.5% of the Benjamin population
- 0.0% of houses and apartments in Benjamin, 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.