Benton, AR—72015
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Benton, AR
Home Price Trends — Benton, AR
As of Oct '25, the median home price in Benton, AR is $200,000, with a year-over-year change of 1.4%. This indicates that home prices in Benton, AR are increasing. According to Zillow, the 1-year price projection is 0.3%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $200,000 | 1.4% |
| Single Family | $200,000 | 1.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $124,000 | 0.8% |
3 Bed | $210,000 | 2.4% |
4 Bed | $258,000 | 0.4% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Benton, AR
As of July '25, Rentcast reports the average rent in Benton, AR is $1,340, with a year-over-year rent change of 0.8%. Per bedroom, the median rent as of July '25 in Benton, AR is studios: $710, 1-bedrooms: $848, 2-bedrooms: $973, 3-bedrooms: $1,450, 4-bedrooms: $1,880. The most common rental property sizes in Benton, AR are 3-bedroom and 2-bedroom, accounting for 36.6% and 36.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,350 | $1,340 |
| Studio Rent | $710 | $710 |
| 1 Bed Rent | $825 | $848 |
| 2 Bed Rent | $895 | $973 |
| 3 Bed Rent | $1,450 | $1,450 |
| 4 Bed Rent | $1,600 | $1,880 |
% of Rental Stock
Property Listings — Benton, AR
As of Oct '25, Realtor.com reports that the median days on market for a home in Benton, AR is 47. This is a increase of 7.0% 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 30.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $258,000 | 6.0% |
Listing Count | 128 | -8.0% |
| Listings as % of Homes | 0.6% | -8.0% |
Days on Market | 47 | 7.0% |
Demographics — Benton, AR
As of the latest ACS Survey released in 2023, Benton, AR has a population of 27,900, which has decreased by -6.4% over the past 5 years. Benton, AR is a moderately popular place for families, as children make up 24.0% of the population. The area has a poorly educated workforce, with 22.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 27,900 | -6.4% |
% Under 18 | 24.0% | -2.8% |
% Seniors | 15.9% | 7.4% |
% WFH | 7.7% | 381.2% |
% w/ College Degree | 22.3% | 18.0% |
As of the latest ACS Survey released in 2023, Benton, AR is a predominantly white area, with 78.9% of the population identifying as white. The white population has shrunk by 6.1% in the last 5 years. The second most common race or ethnicity in Benton, AR is black, making up 11.0% of the population. Foreign-born residents account for 1.9% of the population in Benton, AR, and this percentage has decreased by 38.7% 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 | 78.9% | -6.1% |
% Black | 11.0% | 59.4% |
% Hispanic | 4.8% | -17.2% |
% Asian | 0.7% | 40.0% |
% Foreign Born | 1.9% | -38.7% |
Mortgage and Risk — Benton, AR
According to HUD data as of 2023, there were 578 mortgage originations in Benton, AR, of which 64.0% of loans were conventional mortgages. The average loan-to-value was 71.0%, with 45.0% above 90% LTV (very high). This implies large mortgage risk in Benton, AR. Investor activity is low, as 7.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 578 |
% Conventional Loans | 64.0% |
% Government Loans | 36.0% |
% Investor Loans | 7.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Benton, AR
As of 2024, the percent of homes in Benton, AR under the Section 8 program is 11.6%. 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. 1-bedroom and 2-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Benton, AR, because HUD payments exceed market rent, while 3-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 517 |
Total Units Section 8 | 382 |
% Rentals under Section 8 | 11.6% |
% Occupied Section 8 | 65.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $55 | $825 | $880 |
| 2 Bedroom | $125 | $895 | $1,020 |
| 3 Bedroom | -$90 | $1,450 | $1,360 |
| 4 Bedroom | $10 | $1,600 | $1,610 |
Affordability — Benton, AR
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.9 |
| Median Home Price | $200,000 |
| Median Household Income | $64,600 |