Rent To Own Homes in Bennington, VT

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Home Value Estimator For Bennington, VT

There are currently 3,955 real estate properties in Bennington, VT, with a median automated valuation model (AVM) price of $239,000.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Bennington, VT, 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 Bennington, VT, is $278,049.00, with the most expensive house in Bennington, VT, topping out at $2,495,000.00 and the cheapest home in Bennington, VT, clocking in at $16,170.00. In other words, there’s something for every potential homebuyer or savvy investor in Bennington, VT!

Rent Prices In Bennington, VT

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Bennington, VT, is on a rollercoaster ride. The average rent price in Bennington, VT, is $1,197.00. Indeed, when looking to rent in Bennington, VT, you can expect to pay as little as $650.00 or as much as $2,490.00, with the average rent median estimated to be $1,170.00. The good news is that finding an affordable and desirable property to rent in Bennington, VT -- 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 Bennington, VT In 2024

Bennington is located in Bennington, Vermont, with an estimated municipal population of 15,097 residents. All of the best foreclosed homes for sale in Bennington are located in the following zip code areas on 05201 05257. The estimated population per square kilometer (.62 miles) in Bennington is 137.

Cost Of Living In Bennington, VT

So, about how much do homes cost in Bennington? The most recent median value of resident-owned homes in Bennington is 164,550. An estimated 61.5 percent of households in Bennington own their homes, with an average family size of 2.9. The median household income in Bennington is 50,892, with21.6 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Bennington, the median commute time of resident workers (in minutes) is 16.7. And last, but certainly not least, are you looking for homes to rent in Bennington? If so, the average rent price paid by renters in Bennington is 826, according to recent statistics.

Diversity And Demographics In Bennington, Vermont

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 Bennington, 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 Bennington is 43.1, split between 47.1 percent male versus 52.9 female. The percentage of residents who report being married in Bennington is 35.3, with an average family size of 2.9.

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

White 93.8%
Black / African American 1.2%
Asian 0.9%
American Indian / Alaskan Native 0.1%
Native Hawaiian / Other Pacifc Islander 0.6%
Multi-racial 2.6%
Other 0.7%

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

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

Under 10 8.3%
Aged 10-19 12.1%
20s 18.4%
30s 9.3%
40s 8.9%
50s 14.1%
60s 13.2%
70s 9.8%
80+ 5.8%

Best Schools In Bennington, Vermont

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 Bennington with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Bennington.

Pros And Cons Of Living In Bennington, Vermont

How do you know that living in -- or moving to -- Bennington is right where you need to be? Perhaps you grew up in Bennington or already live nearby; therefore, the decision to buy a home in Bennington is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Bennington 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 Bennington:

  • 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 Bennington.

Reasons To Move To Bennington, Vermont, 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 Bennington can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Bennington, meanwhile, can field multiple offers from more qualified buyers.

Bennington, VT Rent To Own Homes


Listing types in Bennington, VT

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