Median price for residential apartments in as of Aug, 2021.
Remember to negotiate your price according to median sale prices. Also, take into account that the price depends on the size/amenities of the apartment.
66 Benton, KY 42025, USA apartments for sale
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Benton
According to statistics, the population in Benton, KY amounts to 4,464, which shows decline 0% compared to the previous year. The median age of the city’s residents is 40. The average household income is $40,938, shifting decline -5% from the past year, and the average property value in Benton, KY growth 5% to $121,600 throughout the year.
| Population | 4,464 |
| Median Age | 39.8 |
| Poverty Rate | 17% |
| Household Income | $40,938 |
| Number Of Employees | 1,814 |
| Median Property Value | $121,600 |
Household Income
The average household income in Benton, KY declined from $42,896 to $40,938 in the past year. This data is an estimate based upon 1,964 households in Benton, KY . The chart below presents how household income is distributed in Benton, KY in comparison to the revenue allocation amid households nationally.
- USA
- Benton, KY
Property Value
According to data from last year, the average property value in Benton, KY shifted from $116,300 to $121,600 throughout the year. The subsequent graph indicates the share of properties in the given price range in Benton, KY in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Benton, KY properties falls in the '$100,000 to $124,999' range, which is lower than the most significant median property across the country.
- USA
- Benton, KY
Rent vs. Own
- Rent66%
- Own34%
Property Taxes
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Benton, KY compared to median property taxes around the country. The prevalent amount of property taxes in Benton, KY equals $1150, which is less than the national average.
- USA
- Benton, KY
Housing Trends
Benton, KY 42025, USA Housing Trends
Average sale in Benton: $241,233 (+5.7%)
| Apartment Size | Aug | vs Last Month |
|---|---|---|
| 2 bed apartments | $149,450 | N/A |
| 3 bed apartments | $241,233 | -5.4% |
| 4+ bed apartments | $247,350 | N/A |
During Aug 2021, the average price for an apartment in/near Benton, KY increased by 5.7% to $241,233.
Asking price for 2-bed apartment remains the same, a place of this size will still cost you $149,450. Reports state that an average 3-bed apartment price did not change, so you can still get yourself one for $241,233. According to statistics, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around $247,350 for a big-family home.
| Listing Type | Aug | vs Last Month |
|---|---|---|
| Apartments for sale | $142,250 | N/A |
| Houses for sale | $241,233 | -4.5% |
While assessing the property pricing Benton, KY, you can note that it remains flat with a price tag of $142,250. According to statistics, average house is still $241,233 with no significant changes this month.
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