Benham, KY Foreclosures
Current Market Conditions in in Benham, KY As of March 2026?
In the past month, Benham has experienced a slight increase in housing demand, stimulated by favorable interest rates and a rise in home improvement projects among current homeowners. Listings are moving faster than they were earlier in the year, indicating a growing interest in home ownership in the region. The limited inventory highlights the necessity for potential buyers to act quickly when a property comes on the market.
How much do homes sell for in Benham, KY?
The average home price is currently $69,226.
In Benham, KY, how many homes are available?
There are currently 48 active home listings available in Benham.
What’s the average rental cost in Benham, KY?
The average rental price in Benham is $843.
What is the most expensive home in Benham?
The most expensive home sold in Benham had a price of $361,929.
What is currently the cheapest priced home in Benham, KY?
The cheapest home for sale in Benham is priced at $15,400.
Living in Benham, KY
Nestled in the heart of the Appalachian Mountains, Benham, KY offers a blend of historic charm and natural beauty. The town is well-known for its coal mining history and friendly community atmosphere. Residents and visitors alike can enjoy various outdoor activities amidst stunning landscapes.
Buyer vs Seller Market in Benham, KY
The real estate market in Benham, KY has seen a gradual increase in home prices over the past year as interest in mountain properties grows. Many homebuyers are attracted to the area for its affordability and scenic views, leading to a competitive market for houses.
There has been a noticeable uptick in interest from first-time homebuyers and retirees seeking a tranquil lifestyle, while investors are exploring opportunities in rental properties, thanks to the region's burgeoning tourism.
Home Value Estimator For Benham, KY
There are currently 242 real estate properties
in Benham, KY,
with a median automated valuation model (AVM) price
of $64,289.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Benham, KY, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Benham, KY,
is $69,226.00, with the most expensive house
in Benham, KY, topping out
at $361,929.00 and the cheapest home
in Benham, KY,
clocking in at $15,400.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Benham, KY!
Rent Prices
In Benham, KY
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Benham, KY, is on
a rollercoaster ride. The
average rent price in Benham, KY,
is $843.00. Indeed, when looking to rent in
Benham, KY, you can expect to pay as little
as $740.00 or as much
as $1,010.00,
with the average rent median estimated to
be $830.00. The good news is that finding
an affordable and desirable property to rent in Benham, KY
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
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