Home Values

Benton Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$115,500

  • 2.0% 1-year change
  • 2.8% 1-year forecast

The median home value in Benton is $115,500. Benton home values have gone up 2.0% over the past year and Zillow predicts they will rise 2.8% within the next year. The median list price per square foot in Benton is $91, which is higher than the Little Rock Metro average of $91. The median price of homes currently listed in Benton is $159,900 while the median price of homes that sold is $133,450.

Foreclosures will be a factor impacting home values in the next several years. In Benton 9.2 homes are foreclosed (per 10,000). This is greater than the Little Rock Metro value of 5.8 and also greater than the national value of 4.2

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Benton is 3.5%, which is lower than the national value of 6.4%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Benton homeowners underwater on their mortgage is 13.7%, which is lower than Little Rock Metro at 16.5%.

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Relative ZHVI
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Benton Market Overview

Data through Nov 30, 2014
  • $115,500 ZHVI
  • 2.8% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Nov 30, 2015)
  • $159,900 Median listing price
  • $133,450 Median sale price
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Benton Market Health

Data through Nov 30, 2014
  • 2.7/10 Less healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • No data Average days on Zillow
  • 13.7% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 3.5% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)

Homes foreclosed (per 10,000)

9.2 homes Benton
5.8 homes Little Rock Metro
4.2 homes United States
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Nearby Cities

Name Median ZHVI
Bryant $140,600
Hensley $128,200
Bauxite $127,900
Name Median ZHVI
Little Rock $126,300
Salem $121,400
Haskell $114,300
Name Median ZHVI
Shannon Hills $105,400
Traskwood $100,400
Parkers-Iron Springs $78,400

Listings & Sales

Data through Nov 30, 2014
  • $91 Median list price / sq ft
  • $83 Median sale price / sq ft
  • No data Listings with price cut
29.8%
Sold below listing
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Benton Rentals

Data through Nov 30, 2014
  • Zillow Rent Index

  • $981 Benton
    $992 Little Rock Metro
    $1,342 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 1.8 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • No data Rent list price
  • $0.71 Rent list price / sq ft
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