Benton, KY—42025
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Benton, KY
Benton, KY lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $187,000 | 14.4% |
| Single Family | $187,000 | 13.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $147,000 | 7.3% |
3 Bed | $236,000 | 5.8% |
4 Bed | $330,000 | 3.4% |
| 5 Bed | $424,000 | 6.8% |
% of Housing Stock
Rental Trends — Benton, KY
As of July '25, Rentcast reports the average rent in Benton, KY is $1,030, with a year-over-year rent change of -33.5%. Per bedroom, the median rent as of July '25 in Benton, KY is 2-bedrooms: $1,020, 3-bedrooms: $1,150. The most common rental property sizes in Benton, KY are 2-bedroom and 1-bedroom, accounting for 37.9% and 23.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $950 | $1,030 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $950 | $1,020 |
| 3 Bed Rent | $1,150 | $1,150 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Benton, KY
As of Oct '25, Realtor.com reports that the median days on market for a home in Benton, KY is 67. This is a increase of 44.0% 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 16.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $349,000 | 32.0% |
Listing Count | 73 | 18.0% |
| Listings as % of Homes | 0.4% | 18.0% |
Days on Market | 67 | 44.0% |
Demographics — Benton, KY
As of the latest ACS Survey released in 2023, Benton, KY has a population of 19,200, which has decreased by -1.8% over the past 5 years. Benton, KY is a moderately popular place for families, as children make up 19.3% of the population. The area has a poorly educated workforce, with 21.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 19,200 | -1.8% |
% Under 18 | 19.3% | -13.5% |
% Seniors | 23.9% | 22.6% |
% WFH | 5.9% | 321.4% |
% w/ College Degree | 21.3% | 3.4% |
As of the latest ACS Survey released in 2023, Benton, KY is a predominantly white area, with 94.8% of the population identifying as white. The white population has shrunk by 2.3% in the last 5 years. The second most common race or ethnicity in Benton, KY is hispanic, making up 2.1% of the population. Foreign-born residents account for 1.0% of the population in Benton, KY, and this percentage has decreased by 28.6% 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 | 94.8% | -2.3% |
% Black | 0.8% | -11.1% |
% Hispanic | 2.1% | 90.9% |
% Asian | 0.6% | 200.0% |
% Foreign Born | 1.0% | -28.6% |
Mortgage and Risk — Benton, KY
According to HUD data as of 2023, there were 366 mortgage originations in Benton, KY, of which 70.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 30.0% above 90% LTV (very high). This implies large mortgage risk in Benton, KY. Investor activity is low, as 2.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 366 |
% Conventional Loans | 70.0% |
% Government Loans | 30.0% |
% Investor Loans | 2.0% |
% Second Loans | 8.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Benton, KY
Benton, KY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 278 |
Total Units Section 8 | 189 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 82.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $740 |
| 2 Bedroom | $10 | $950 | $960 |
| 3 Bedroom | $10 | $1,150 | $1,160 |
| 4 Bedroom | N/A | N/A | $1,410 |
Affordability — Benton, KY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.2 |
| Median Home Price | $187,000 |
| Median Household Income | $66,900 |