Benona, MI is a great place to invest in the housing market. With a median home value of $252,400 compared to the US House Median Value of $338,100, Benona offers an affordable alternative for homebuyers. On top of being affordable, the 1 year house appreciation in Benona was 13.62%, higher than the US 1 year house appreciation rate of 8.27%. Investing in real estate in Benona is sure to be a sound choice as it provides both affordability and a great return on investment.
The median home cost in Benona is $252,400. Home appreciation the last 10 years has been 124.7%. Home Appreciation in Benona is up 16.5%.
Average Age of Homes
- The median age of Benona real estate is 37 years old
The Rental Market in Benona
- Renters make up 4.0% of the Benona population
- 0.0% of houses and apartments in Benona, 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.