Bennington, MI is a great place to live if you're looking for an affordable house. The median value of houses in Bennington, MI is $201,300 which is significantly lower than the US House Median Value of $338,100. Despite its lower value housing in Bennington still experienced a 8.98% appreciation rate over the past year, which is higher than the US 1 year House Appreciation rate of 8.27%. This means that buying a house in Bennington is a great investment as you can expect your asset to appreciate over time.
The median home cost in Bennington is $201,300. Home appreciation the last 10 years has been 96.0%. Home Appreciation in Bennington is up 12.2%.
Average Age of Homes
- The median age of Bennington real estate is 39 years old
The Rental Market in Bennington
- Renters make up 5.8% 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.