Median price for residential apartment in Benton, KY as of Aug, 2022.
Take into account that the price depends on the location and condition of the . The size and amenities might have a large influence on the asking price as well.
77 Benton, KY 42025, USA apartments for sale
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.
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.
Rent vs. Own
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.
Housing Trends
How much does an apartment cost in Benton, KY 42025, USA
Average sale in Benton: $199,595 (-30.2%)
| Apartment Size | Aug | vs Last Month |
|---|---|---|
| Studio for sale | $289,725 | N/A |
| 2 bed for sale | $172,600 | +64.5% |
| 3 bed for sale | $196,564 | -16% |
| 4+ bed for sale | $203,276 | -40.7% |
During Aug 2022, the average price for an apartment in/near Benton, KY decreased by 30.2% to $199,595.
Asking price for 2-bed apartment also increased by 64.5% and a place of this size will now cost you $172,600. A 3-bed apartment goes for $196,564, it decreased by 16% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 40.7% and made it down to $203,276.
| Listing Type | Aug | vs Last Month |
|---|---|---|
| Houses for sale | $295,772 | -6.9% |
| Land for sale | $80,336 | -57.7% |
| Duplexes for sale | $437,000 | N/A |
Price reports demonstrate that house price decreased by 6.9% this month making it up to $295,772. An average value of duplex is $437,000, thus a median price for a duplex remains the same this month.