The housing in Benham, KY is quite affordable compared to the US average. The median value of a house in Benham is $55,300 which is significantly lower than the national median of $338,100. In addition to being affordable, house prices have seen strong appreciation over the past year with a jump of 12.90%, much higher than the 8.27% rise in home prices nationally. This makes Benham a great option for those looking to get into housing at an affordable price point and with lots of potential upside for future appreciation.
The median home cost in Benham is $55,300. Home appreciation the last 10 years has been 64.4%. Home Appreciation in Benham is up 16.7%.
Average Age of Homes
- The median age of Benham real estate is 75 years old
The Rental Market in Benham
- Renters make up 13.0% of the Benham population
- 0.0% of houses and apartments in Benham, 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.