The housing in Benton, IL (62812) is considerably more affordable than the US average, with the median value being $86,700 compared to the national median of $338,100. This lower cost also comes with a higher rate of appreciation - Benton saw an increase of 18.28% over the past year, much higher than the 8.27% average seen across the country. This makes Benton a great choice for homebuyers looking for a good deal on their new home and a potential for strong long-term return on their investment.
The median home cost in Benton (zip 62812) is $86,700. Home appreciation the last 10 years has been 43.5%. Home Appreciation in Benton (zip 62812) is up 11.3%.
Average Age of Homes
- The median age of Benton (zip 62812) real estate is 50 years old
The Rental Market in Benton (zip 62812)
- Renters make up 24.6% of the Benton (zip 62812) population
- 0.6% of houses and apartments in Benton (zip 62812), 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.