Housing in 40807 Benham, KY is a great investment opportunity for those looking to buy. According to the data, the median value of homes in the area is $59,300 which is much lower than the U.S. median value of $338,100. This makes it an accessible option for those on a budget or with limited means. Additionally, while the U.S. has seen a 1-year house appreciation rate of 8.27%, the rate in 40807 Benham, KY has been even higher at 12.90%. This suggests that investing in housing in this area could result in significant returns over time as the value of homes continues to climb.
The median home cost in Benham (zip 40807) is $59,300. Home appreciation the last 10 years has been 64.4%. Home Appreciation in Benham (zip 40807) is up 16.7%.
Average Age of Homes
- The median age of Benham (zip 40807) real estate is 76 years old
The Rental Market in Benham (zip 40807)
- Renters make up 9.6% of the Benham (zip 40807) population
- 0.0% of houses and apartments in Benham (zip 40807), 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.