Zip 37307 (Benton, TN) Housing

The housing market in 37307 Benton, TN is thriving with a median house value of $200,500, which is significantly lower than the US median of $338,100. Furthermore, the one year house appreciation rate in the area stands at 13.88%, which is higher than the national average of 8.27%. This clearly shows that Benton has been experiencing strong growth in its housing market over the last year and indicates that now may be a good time to invest in real estate here.

The median home cost in Benton (zip 37307) is $200,500. Home appreciation the last 10 years has been 99.2%. Home Appreciation in Benton (zip 37307) is up 22.8%.

Average Age of Homes

- The median age of Benton (zip 37307) real estate is 34 years old

The Rental Market in Benton (zip 37307)

- Renters make up 18.2% of the Benton (zip 37307) population
- 1.6% of houses and apartments in Benton (zip 37307), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Benton, Tennessee	United States
	2,125.0	139,647,020.0
	33	42
	$200,500	$338,100
	22.8%	16.6%
	73.7%	57.0%
	99.2%	101.1%
	$7.34	$10.98
	$975	$2,690
	72.3%	57.4%
	11.4%	11.2%
	16.2%	31.4%
Vacant Housing
	1.6%	1.9%
	0.0%	0.4%
	0.6%	0.7%
	0.0%	0.4%
	1.9%	3.6%
	7.2%	4.1%
Value of Owner-Occupied Housing
	2.0%	2.6%
	5.1%	2.4%
	10.2%	2.8%
	5.7%	3.9%
	12.1%	4.5%
	18.2%	11.3%
	15.0%	13.0%
	19.6%	20.1%
	6.4%	13.6%
	2.9%	8.3%
	2.9%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	18.2%	13.6%
	18.2%	13.6%
	20.4%	13.6%
	17.9%	13.2%
	23.0%	14.8%
	20.4%	13.6%
	3.9%	10.0%
	3.1%	4.7%
	1.4%	12.2%

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