The housing market in Benton, AR is thriving, with the median home value being $199,400 compared to the US median of $338,100. Furthermore, the US one year house appreciation rate is 8.27%, while the one year appreciation rate for Benton is 12.20%. This significantly higher rate of return indicates that housing investments in Benton are a great option for those looking to gain equity quickly. With such high median values and impressive rates of appreciation, Benton is an ideal location for homeowners and investors alike.
The median home cost in Benton is $199,400. Home appreciation the last 10 years has been 56.1%. Home Appreciation in Benton is up 15.1%.
Average Age of Homes
- The median age of Benton real estate is 26 years old
The Rental Market in Benton
- Renters make up 28.3% of the Benton population
- 2.6% 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.