Benton Harbor, Michigan has a median housing value of $108,300 which is significantly lower than the US median house value of $338,100. Despite this difference in cost, the one-year appreciation rate for housing in Benton Harbor is 10.54%, which is higher than the national average of 8.27%. This demonstrates that home values in this area continue to increase year-over-year at a steady pace despite their lower cost point compared to other parts of the US.
The median home cost in Benton Harbor is $108,300. Home appreciation the last 10 years has been 90.4%. Home Appreciation in Benton Harbor is up 14.9%.
Average Age of Homes
- The median age of Benton Harbor real estate is 64 years old
The Rental Market in Benton Harbor
- Renters make up 52.2% of the Benton Harbor population
- 0.4% of houses and apartments in Benton Harbor, 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.