menu
Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Benson, AZ Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q2 2024. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Benson, AZ Housing Market Trends

With a population of 5,352, 2,323 total housing units (homes and apartments), and a median house value of $159,142, house prices in Benson are solidly below the national average.

Mobile homes or trailers are the single most common housing type in Benson, accounting for 43.53% of the city's housing units. Other types of housing that are prevalent in Benson include single-family detached homes ( 40.69%), large apartment complexes or high rise apartments ( 7.71%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 2.75%).

The most prevalent building size and type in Benson are three and four bedroom dwellings, chiefly found in mobile homes or trailers. The city has a mixture of owners and renters, with 64.97% owning and 35.03% renting.

There is a lot of housing in Benson built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Benson built between 2000 and later ( 25.37%). A lesser amount of the housing stock also hails from between 1940-1969 ( 20.15%). There's also some housing in Benson built before 1939 ( 3.77%).

Vacant housing appears to be an issue in Benson. Fully 23.16% of the housing stock is classified as vacant. Left unchecked, vacant Benson homes and apartments can be a drag on the real estate market, holding Benson real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Benson Home Appreciation Rates

Appreciation rates for homes in Benson have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 92.26%, which ranks in the top 50% nationwide. This equates to an annual average Benson house appreciation rate of 6.76%.

NeighborhoodScout's data show that during the latest twelve months, Benson's appreciation rate, at 5.97%, has been at or slightly above the national average. In the latest quarter, Benson's appreciation rate has been -1.21%, which annualizes to a rate of -4.74%.

Notably, Benson's appreciation rate in the latest quarter is one of the lowest in America.

Relative to Arizona, our data show that Benson's latest annual appreciation rate is higher than 50% of the other cities and towns in Arizona.

Average Home Values

Median Home Value

$159,142

Benson, AZ Home Prices
> $1,472,000
$1,104,001 - $1,472,000
$736,001 - $1,104,000
$589,001 - $736,000
$442,001 - $589,000
$294,001 - $442,000
$147,001 - $294,000
$74,001 - $147,000
$0 - $74,000
0.0%
0.0%
0.2%
0.2%
5.9%
5.9%
1.2%
1.2%
4.2%
4.2%
18.2%
18.2%
30.1%
30.1%
15.9%
15.9%
24.4%
24.4%
0% 100.0%
% of Homes
Low

for Arizona

Very Low

for nation

Number of Homes And Apartments:

2,323

Benson Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,259 / per month

Homeownership Rate

Owners
Renters
65.0%
65.0%
35.0%
35.0%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
23.2%
23.2%
76.8%
76.8%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
25.4%
25.4%
50.7%
50.7%
20.1%
20.1%
3.8%
3.8%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
40.7%
40.7%
1.7%
1.7%
2.7%
2.7%
7.7%
7.7%
43.5%
43.5%
3.6%
3.6%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
0.8%
0.8%
9.1%
9.1%
39.6%
39.6%
45.0%
45.0%
5.5%
5.5%
0.0%
0.0%
0% 100.0%
% of Homes

Popular Neighborhoods in Benson

Popular Communities Near Benson, AZ

Zip Codes in Benson, AZ