Benton, NY is a great place to live for those looking for a good housing investment. The median value for homes in Benton is $275,500, which is lower than the US median value of $338,100. Over the past year, the appreciation rate of homes in Benton has been 14.44%, higher than the US average of 8.27%. This makes investing in housing in Benton a wise choice as it provides a higher return on investment.
The median home cost in Benton is $275,500. Home appreciation the last 10 years has been 68.3%. Home Appreciation in Benton is up 15.0%.
Average Age of Homes
- The median age of Benton real estate is 74 years old
The Rental Market in Benton
- Renters make up 14.1% of the Benton population
- 1.1% 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.