The housing market in Benton Harbor, MI (49022) is much more affordable than the national average. The median value of houses in this area is $120,500, which is significantly lower than the national median value of $338,100. Furthermore, the 1 year house appreciation rate in Benton Harbor is 10.54%, which is higher than the national 1 year house appreciation rate of 8.27%. This indicates that the housing market in Benton Harbor has been performing well and may continue to appreciate into the future.
The median home cost in Benton Harbor (zip 49022) is $120,500. Home appreciation the last 10 years has been 90.4%. Home Appreciation in Benton Harbor (zip 49022) is up 14.9%.
Average Age of Homes
- The median age of Benton Harbor (zip 49022) real estate is 56 years old
The Rental Market in Benton Harbor (zip 49022)
- Renters make up 37.1% of the Benton Harbor (zip 49022) population
- 1.5% of houses and apartments in Benton Harbor (zip 49022), 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.