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Preforeclosure Homes in Benton, KY

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Living in Benton, KY

Benton, located in the heart of western Kentucky, boasts a charming small-town atmosphere with an array of amenities. It is known for its community spirit, with friendly locals and a variety of shops, restaurants, and outdoor activities. Residents can enjoy nearby parks, recreational areas, and the beautiful Kentucky Lake, making it an ideal location for families and individuals alike.

Current Market Conditions in Benton, KY

Benton's real estate market is currently showing a steady growth trend due to its appealing lifestyle and affordability. The median home price has increased slightly over the last year, indicating a healthy demand for housing in the area. The market remains competitive, with homes being sold quickly, especially those that are well-maintained and appropriately priced.

Despite the competitive nature of the market, there is still a good selection of homes available, ranging from charming historical houses to modern builds. Investors are increasingly interested in Benton due to its location and the anticipated rise in property values.

Home Value Estimator For Benton, KY

There are currently 6,606 real estate properties in Benton, KY, with a median automated valuation model (AVM) price of $164,219.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Benton, 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 Benton, KY, is $203,577.00, with the most expensive house in Benton, KY, topping out at $2,251,040.00 and the cheapest home in Benton, KY, clocking in at $13,752.00. In other words, there’s something for every potential homebuyer or savvy investor in Benton, KY!

Rent Prices In Benton, KY

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Benton, KY, is on a rollercoaster ride. The average rent price in Benton, KY, is $833.00. Indeed, when looking to rent in Benton, KY, you can expect to pay as little as $470.00 or as much as $1,980.00, with the average rent median estimated to be $820.00. The good news is that finding an affordable and desirable property to rent in Benton, 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.

Benton, KY Preforeclosure Homes


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