Zip 61516 (Benson, IL) Housing

The housing market in 61516 Benson, IL is a great opportunity for those looking to buy. The median value of houses in the area is $126,000, which is much lower than the national median value of $338,100. In the past year, homes have appreciated 7.36%, just slightly lower than the nationwide appreciation of 8.27%. This makes it a great time to invest in Benson's real estate and gives buyers plenty of options when searching for their dream home.

The median home cost in Benson (zip 61516) is $126,000. Home appreciation the last 10 years has been 26.6%. Home Appreciation in Benson (zip 61516) is up 7.3%.

Average Age of Homes

- The median age of Benson (zip 61516) real estate is 78 years old

The Rental Market in Benson (zip 61516)

- Renters make up 16.2% of the Benson (zip 61516) population
- 0.0% of houses and apartments in Benson (zip 61516), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Benson, Illinois	United States
	295.0	139,647,020.0
	48	42
	$126,000	$338,100
	7.3%	16.6%
	22.9%	57.0%
	26.6%	101.1%
	$22.52	$10.98
	$2,652	$2,690
	84.1%	57.4%
	9.5%	11.2%
	6.4%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	2.7%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	6.8%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	3.2%	2.4%
	7.3%	2.8%
	11.7%	3.9%
	24.6%	4.5%
	21.8%	11.3%
	17.7%	13.0%
	11.3%	20.1%
	2.0%	13.6%
	0.0%	8.3%
	0.4%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	5.1%	13.6%
	5.1%	13.6%
	1.7%	13.6%
	4.7%	13.2%
	5.1%	14.8%
	1.7%	13.6%
	15.9%	10.0%
	5.8%	4.7%
	52.9%	12.2%

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