Housing in Benson, IL is considered very affordable compared to the US house median value of $338,100. The median value of houses in Benson is $125,100 which is significantly lower than the US median. Although the US 1 year house appreciation rate is 8.27%, the 1 year appreciation rate in Benson was 7.36%. This indicates that the housing market in Benson has been stable and growing slightly slower than the national average.
The median home cost in Benson is $125,100. Home appreciation the last 10 years has been 26.6%. Home Appreciation in Benson is up 7.3%.
Average Age of Homes
- The median age of Benson real estate is 73 years old
The Rental Market in Benson
- Renters make up 18.9% of the Benson population
- 0.0% of houses and apartments in Benson, 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.