Benton, LA—71006
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Benton, LA
As of Oct '25, the median home price in Benton, LA is $344,000, with a year-over-year change of 1.8%. This indicates that home prices in Benton, LA are increasing. According to Zillow, the 1-year price projection is -1.4%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $344,000 | 1.8% |
| Single Family | $344,000 | 2.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $126,000 | -7.4% |
3 Bed | $283,000 | 1.4% |
4 Bed | $435,000 | 2.6% |
| 5 Bed | $644,000 | 1.6% |
% of Housing Stock
Rental Trends — Benton, LA
As of July '25, Rentcast reports the average rent in Benton, LA is $2,190, with a year-over-year rent change of 11.2%. Per bedroom, the median rent as of July '25 in Benton, LA is 2-bedrooms: $850, 3-bedrooms: $1,910, 4-bedrooms: $2,440. The most common rental property sizes in Benton, LA are 3-bedroom and 2-bedroom, accounting for 68.2% and 14.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,000 | $2,190 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $550 | $850 |
| 3 Bed Rent | $1,900 | $1,910 |
| 4 Bed Rent | $2,300 | $2,440 |
% of Rental Stock
Property Listings — Benton, LA
As of Oct '25, Realtor.com reports that the median days on market for a home in Benton, LA is 91. This is a increase of 20.0% 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 24.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $440,000 | 1.0% |
Listing Count | 102 | 15.0% |
| Listings as % of Homes | 1.0% | 15.0% |
Days on Market | 91 | 20.0% |
Demographics — Benton, LA
As of the latest ACS Survey released in 2023, Benton, LA has a population of 15,300, which has increased by 17.5% over the past 5 years. Benton, LA is a popular place for families, as children make up 27.4% of the population. The area has a moderately educated workforce, with 34.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 15,300 | 17.5% |
% Under 18 | 27.4% | 11.4% |
% Seniors | 18.2% | 3.4% |
% WFH | 10.8% | 440.0% |
% w/ College Degree | 34.2% | 28.6% |
As of the latest ACS Survey released in 2023, Benton, LA is a predominantly white area, with 76.5% of the population identifying as white. The white population has grown by 0.7% in the last 5 years. The second most common race or ethnicity in Benton, LA is black, making up 9.3% of the population. Foreign-born residents account for 1.1% of the population in Benton, LA, and this percentage has decreased by 64.5% 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 | 76.5% | 0.7% |
% Black | 9.3% | -48.3% |
% Hispanic | 3.2% | -25.6% |
% Asian | 0.8% | -11.1% |
% Foreign Born | 1.1% | -64.5% |
Mortgage and Risk — Benton, LA
According to HUD data as of 2023, there were 242 mortgage originations in Benton, LA, of which 67.0% of loans were conventional mortgages. The average loan-to-value was 73.0%, with 35.0% above 90% LTV (very high). This implies large mortgage risk in Benton, LA. Investor activity is low, as 5.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 242 |
% Conventional Loans | 67.0% |
% Government Loans | 33.0% |
% Investor Loans | 5.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Benton, LA
Benton, LA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 50 |
Total Units Section 8 | 50 |
% Rentals under Section 8 | 7.2% |
% Occupied Section 8 | 91.6% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,040 |
| 2 Bedroom | $640 | $550 | $1,190 |
| 3 Bedroom | -$360 | $1,900 | $1,540 |
| 4 Bedroom | -$670 | $2,300 | $1,630 |
Affordability — Benton, LA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.6 |
| Median Home Price | $344,000 |
| Median Household Income | $91,300 |