The housing market in Bennington, ID is doing very well compared to the rest of the country. The median value of homes in Bennington is $170,100, which is significantly lower than the US median value of $338,100. Not only does Bennington have a more affordable housing market, but it also has seen higher appreciation rates over the past year with a 15.93% increase compared to 8.27% nationally. This indicates that investing in real estate in Bennington could be a wise decision as prices are likely to continue to go up in the future.
The median home cost in Bennington is $170,100. Home appreciation the last 10 years has been 145.6%. Home Appreciation in Bennington is up 21.2%.
Average Age of Homes
- The median age of Bennington real estate is 42 years old
The Rental Market in Bennington
- Renters make up 32.1% of the Bennington population
- 0.0% of houses and apartments in Bennington, 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.