Living in Benton, MS
Benton, MS is a quaint community that offers a warm Southern atmosphere and accessibility to nature and urban conveniences. With plenty of outdoor recreational opportunities and a focus on education, Benton is perfect for families and individuals seeking a peaceful yet connected lifestyle. Residents enjoy a strong community spirit and a slower pace of life that characterizes this charming town.
Current Market Conditions in Benton, MS
The real estate market in Benton, MS is currently characterized by stability, with modest price increases observed over the past few months. Homes in this area are relatively affordable compared to larger cities in Mississippi, making it an attractive option for first-time homebuyers and those looking to downsize. With new listings coming onto the market, competition remains steady but manageable.
The rental market is also seeing a rise in demand, particularly among young professionals and families drawn to the area's community-oriented lifestyle. The affordability of housing continues to attract newcomers, resulting in a gradual increase in population and interest in the local real estate market.
Home Value Estimator For Benton, MS
There are currently 856 real estate properties
in Benton, MS,
with a median automated valuation model (AVM) price
of $134,820.00. 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, MS, 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, MS,
is $184,487.00, with the most expensive house
in Benton, MS, topping out
at $2,005,232.00 and the cheapest home
in Benton, MS,
clocking in at $27,333.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Benton, MS!
Rent Prices
In Benton, MS
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Benton, MS, is on
a rollercoaster ride. The
average rent price in Benton, MS,
is $1,116.00. Indeed, when looking to rent in
Benton, MS, you can expect to pay as little
as $550.00 or as much
as $1,780.00,
with the average rent median estimated to
be $1,080.00. The good news is that finding
an affordable and desirable property to rent in Benton, MS
-- 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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