Benton, AR72019

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$287,000
1.6% YoY Growth
Median Household Income
$86,000
21.8% 5-Year Growth
Days on Market
51
2.0% Longer than last year
Home Price Forecast
0.5%
Median Rent
$1,500
6.1% YoY Growth
1-Bed Rent
$760
N/A
2-Bed Rent
$925
N/A
3-Bed Rent
$1,490
4.6% YoY Growth

Other Zip Codes in Benton, AR

Property Listings — Benton, AR

As of Oct '25, Realtor.com reports that the median days on market for a home in Benton, AR is 51. This is a increase of 2.0% 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 28.0%, representing a large inventory and a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$425,0003.0%
Listing Count
177-2.0%
Listings as % of Homes1.0%-2.0%
Days on Market
512.0%
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Demographics — Benton, AR

As of the latest ACS Survey released in 2023, Benton, AR has a population of 30,000, which has increased by 15.7% over the past 5 years. Benton, AR is a moderately popular place for families, as children make up 22.8% of the population. The area has a moderately educated workforce, with 33.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.2% reporting working from home.

MetricLatest CensusYoY % Change
Population
30,00015.7%
% Under 18
22.8%-7.7%
% Seniors
15.5%-4.3%
% WFH
7.2%75.6%
% w/ College Degree
33.2%9.9%
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As of the latest ACS Survey released in 2023, Benton, AR is a predominantly white area, with 83.5% of the population identifying as white. The white population has shrunk by 5.9% in the last 5 years. The second most common race or ethnicity in Benton, AR is hispanic, making up 8.0% of the population. Foreign-born residents account for 3.4% of the population in Benton, AR, and this percentage has increased by 25.9% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
83.5%-5.9%
% Black
3.1%-35.4%
% Hispanic
8.0%247.8%
% Asian
1.7%-29.2%
% Foreign Born
3.4%25.9%
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Mortgage and Risk — Benton, AR

According to HUD data as of 2023, there were 846 mortgage originations in Benton, AR, of which 72.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 35.0% above 90% LTV (very high). This implies large mortgage risk in Benton, AR. Investor activity is low, as 3.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
846
% Conventional Loans
72.0%
% Government Loans
28.0%
% Investor Loans
3.0%
% Second Loans
0.0%
% Cash Out Refinance
9.0%

Loan Activity

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Rentals and Section 8 — Benton, AR

As of 2024, the percent of homes in Benton, AR under the Section 8 program is 2.8%. 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 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 and 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD
81
Total Units Section 8
81
% Rentals under Section 8
2.8%
% Occupied Section 8
65.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$130$760$890
2 Bedroom$105$925$1,030
3 Bedroom-$120$1,490$1,370
4 Bedroom-$90$1,720$1,630

Affordability — Benton, AR

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio3.2
Median Home Price$287,000
Median Household Income$86,000

Benton, AR — ZIP Code Boundary Map

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Frequently Asked Questions