Foreclosure Homes in Benham, KY

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Benham, KY Foreclosures

How much do homes sell for in Benham, KY?
The average home price is currently $94,478.
In Benham, KY, how many homes are available?
There are currently 11 active home listings available in Benham.
What’s the average rental cost in Benham, KY?
The average rental price in Benham is $843.
What is the most expensive home in Benham, Kentucky?
The most expensive home sold in Benham had a price of $195,751.
What is currently the cheapest priced home in Benham, KY?
The cheapest home for sale in Benham is priced at $37,756.

Home Value Estimator For Benham, KY

There are currently 11 real estate properties in Benham, KY, with a median automated valuation model (AVM) price of $69,704.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Benham, KY, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Benham, KY, is $94,478.00, with the most expensive house in Benham, KY, topping out at $195,751.00 and the cheapest home in Benham, KY, clocking in at $37,756.00. In other words, there’s something for every potential homebuyer or savvy investor in Benham, KY!

Rent Prices In Benham, KY

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Benham, KY, is on a rollercoaster ride. The average rent price in Benham, KY, is $843.00. Indeed, when looking to rent in Benham, KY, you can expect to pay as little as $740.00 or as much as $1,010.00, with the average rent median estimated to be $830.00. The good news is that finding an affordable and desirable property to rent in Benham, KY -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Top Reasons To Live In Benham, KY In 2024

Benham is located in Harlan, Kentucky, with an estimated municipal population of 425 residents. All of the best foreclosed homes for sale in Benham are located in the following zip code areas on 40823 40807. The estimated population per square kilometer (.62 miles) in Benham is 700.

Cost Of Living In Benham, KY

So, about how much do homes cost in Benham? The most recent median value of resident-owned homes in Benham is 52,410. An estimated 76.1 percent of households in Benham own their homes, with an average family size of 2.87. The median household income in Benham is 42,083, with6.2 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Benham, the median commute time of resident workers (in minutes) is 17. And last, but certainly not least, are you looking for homes to rent in Benham? If so, the average rent price paid by renters in Benham is 579, according to recent statistics.

Diversity And Demographics In Benham, Kentucky

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Benham, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Benham is 41.8, split between 47.7 percent male versus 52.3 female. The percentage of residents who report being married in Benham is 65.4, with an average family size of 2.87.

The percentage of residents who report their race in Benham is as follows:

White 94.4%
Black / African American 0%
Asian 0%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 4.6%
Other 1.1%

Looking for family-friendly neighborhoods in and/or near Benham? Or maybe you are searching for 55+ active adult communities in and/or near Benham?

The percentage of residents who report their age in Benham is as follows:

Under 10 6.2%
Aged 10-19 15.5%
20s 9%
30s 12.3%
40s 20.1%
50s 7.2%
60s 15%
70s 11.8%
80+ 3.2%

Best Schools In Benham, Kentucky

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Benham with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Benham.

Pros And Cons Of Living In Benham, Kentucky

How do you know that living in -- or moving to -- Benham is right where you need to be? Perhaps you grew up in Benham or already live nearby; therefore, the decision to buy a home in Benham is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Benham for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Benham:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Benham.

Reasons To Move To Benham, Kentucky, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Benham can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Benham, meanwhile, can field multiple offers from more qualified buyers.

Benham, KY Foreclosures


Listing types in Benham, KY

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