Benson, NC—27504
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Benson, NC
As of Oct '25, the median home price in Benson, NC is $310,000, with a year-over-year change of -2.2%. This indicates that home prices in Benson, NC are decreasing. According to Zillow, the 1-year price projection is 0.7%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $310,000 | -2.2% |
| Single Family | $310,000 | -2.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $190,000 | -6.4% |
3 Bed | $306,000 | -2.2% |
4 Bed | $408,000 | -1.4% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Benson, NC
As of July '25, Rentcast reports the average rent in Benson, NC is $1,870, with a year-over-year rent change of 2.7%. Per bedroom, the median rent as of July '25 in Benson, NC is 1-bedrooms: $1,100, 2-bedrooms: $1,220, 3-bedrooms: $1,880, 4-bedrooms: $2,210. The most common rental property sizes in Benson, NC are 2-bedroom and 3-bedroom, accounting for 36.8% and 31.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,850 | $1,870 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,100 | $1,100 |
| 2 Bed Rent | $1,250 | $1,220 |
| 3 Bed Rent | $1,780 | $1,880 |
| 4 Bed Rent | $2,060 | $2,210 |
% of Rental Stock
Property Listings — Benson, NC
As of Oct '25, Realtor.com reports that the median days on market for a home in Benson, NC is 82. This is a increase of 47.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 35.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $389,000 | 11.0% |
Listing Count | 164 | 56.0% |
| Listings as % of Homes | 1.4% | 56.0% |
Days on Market | 82 | 47.0% |
Demographics — Benson, NC
As of the latest ACS Survey released in 2023, Benson, NC has a population of 16,000, which has increased by 5.4% over the past 5 years. Benson, NC is a moderately popular place for families, as children make up 21.4% of the population. The area has a poorly educated workforce, with 18.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 16,000 | 5.4% |
% Under 18 | 21.4% | -2.7% |
% Seniors | 17.8% | 22.8% |
% WFH | 12.5% | 380.8% |
% w/ College Degree | 18.3% | 5.2% |
As of the latest ACS Survey released in 2023, Benson, NC is a predominantly white area, with 65.2% of the population identifying as white. The white population has shrunk by 14.5% in the last 5 years. The second most common race or ethnicity in Benson, NC is hispanic, making up 16.5% of the population. Foreign-born residents account for 5.8% of the population in Benson, NC, and this percentage has decreased by 31.8% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 65.2% | -14.5% |
% Black | 14.7% | 119.4% |
% Hispanic | 16.5% | 6.5% |
% Asian | 0.1% | 0.0% |
% Foreign Born | 5.8% | -31.8% |
Mortgage and Risk — Benson, NC
According to HUD data as of 2023, there were 451 mortgage originations in Benson, NC, of which 75.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 32.0% above 90% LTV (very high). This implies large mortgage risk in Benson, NC. Investor activity is low, as 2.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 451 |
% Conventional Loans | 75.0% |
% Government Loans | 25.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Benson, NC
As of 2024, the percent of homes in Benson, NC under the Section 8 program is 4.7%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Benson, NC, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 235 |
Total Units Section 8 | 62 |
% Rentals under Section 8 | 4.7% |
% Occupied Section 8 | 94.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $220 | $1,100 | $1,320 |
| 2 Bedroom | $240 | $1,250 | $1,490 |
| 3 Bedroom | $60 | $1,780 | $1,840 |
| 4 Bedroom | $380 | $2,060 | $2,440 |
Affordability — Benson, NC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.4 |
| Median Home Price | $310,000 |
| Median Household Income | $68,400 |