The housing market in Benton, IA is significantly lower than the US median value, with the median house worth $89,200 compared to the US median of $338,100. However, the 1 year house appreciation rate for Benton is quite higher than the US average at 11.61% versus 8.27%. This shows that while home values may be lower in Benton than elsewhere in the country they are still seeing a steady rate of growth each year.
The median home cost in Benton is $89,200. Home appreciation the last 10 years has been 63.9%. Home Appreciation in Benton is up 15.1%.
Average Age of Homes
- The median age of Benton real estate is 78 years old
The Rental Market in Benton
- Renters make up 0.0% of the Benton population
- 0.0% 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.