Benton City, WA—99320
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Benton City, WA
As of Oct '25, the median home price in Benton City, WA is $425,000, with a year-over-year change of -0.3%. This indicates that home prices in Benton City, WA are flat. 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 | $425,000 | -0.3% |
| Single Family | $425,000 | -0.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $290,000 | -0.7% |
3 Bed | $392,000 | -0.3% |
4 Bed | $547,000 | 0.9% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Benton City, WA
As of July '25, Rentcast reports the average rent in Benton City, WA is $2,080, with a year-over-year rent change of 1.0%. Per bedroom, the median rent as of July '25 in Benton City, WA is 2-bedrooms: $1,480, 3-bedrooms: $2,120, 4-bedrooms: $2,430. The most common rental property sizes in Benton City, WA are 2-bedroom and 3-bedroom, accounting for 50.6% and 29.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,200 | $2,080 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,300 | $1,480 |
| 3 Bed Rent | $2,200 | $2,120 |
| 4 Bed Rent | $2,350 | $2,430 |
% of Rental Stock
Property Listings — Benton City, WA
As of Oct '25, Realtor.com reports that the median days on market for a home in Benton City, WA is 83. This is a increase of 17.0% 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 32.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $543,000 | 5.0% |
Listing Count | 37 | 24.0% |
| Listings as % of Homes | 0.6% | 24.0% |
Days on Market | 83 | 17.0% |
Demographics — Benton City, WA
As of the latest ACS Survey released in 2023, Benton City, WA has a population of 10,200, which has increased by 5.3% over the past 5 years. Benton City, WA is a popular place for families, as children make up 28.4% of the population. The area has a poorly educated workforce, with 16.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 10,200 | 5.3% |
% Under 18 | 28.4% | 32.1% |
% Seniors | 14.4% | -17.7% |
% WFH | 10.3% | 186.1% |
% w/ College Degree | 16.6% | -2.9% |
As of the latest ACS Survey released in 2023, Benton City, WA is a predominantly white area, with 66.1% of the population identifying as white. The white population has shrunk by 12.2% in the last 5 years. The second most common race or ethnicity in Benton City, WA is hispanic, making up 27.6% of the population. Foreign-born residents account for 10.8% of the population in Benton City, WA, and this percentage has increased by 56.5% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 66.1% | -12.2% |
% Black | 0.0% | -100.0% |
% Hispanic | 27.6% | 34.6% |
% Asian | 0.4% | 33.3% |
% Foreign Born | 10.8% | 56.5% |
Mortgage and Risk — Benton City, WA
According to HUD data as of 2023, there were 261 mortgage originations in Benton City, WA, of which 69.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 39.0% above 90% LTV (very high). This implies large mortgage risk in Benton City, WA. Investor activity is low, as 1.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 261 |
% Conventional Loans | 69.0% |
% Government Loans | 31.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Benton City, WA
Benton City, WA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 10 |
Total Units Section 8 | 10 |
% Rentals under Section 8 | 2.1% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,230 |
| 2 Bedroom | $200 | $1,300 | $1,500 |
| 3 Bedroom | -$200 | $2,200 | $2,000 |
| 4 Bedroom | -$40 | $2,350 | $2,310 |
Affordability — Benton City, WA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.9 |
| Median Home Price | $425,000 |
| Median Household Income | $84,500 |