Foreclosure Homes in Benson, IL

Foreclosure Homes in Benson, IL

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Benson, IL area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Benson, IL and much more. Save thousands at closing with home foreclosure listings in Benson, IL — up to 75% off market value!

Top Reasons To Live In Benson, IL In 2023

Benson is located in Woodford, Illinois, with an estimated municipal population of 409 residents. All of the best foreclosed homes for sale in Benson are located in the following zip code areas on Foreclosure.com: 61516. The estimated population per square kilometer (.62 miles) in Benson is 966.

Cost Of Living In Benson, IL

So, about how much do homes cost in Benson? The most recent median value of resident-owned homes in Benson is 95,102. An estimated 83.6 percent of households in Benson own their homes, with an average family size of 3.3. The median household income in Benson is 65,242, with19.1 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Benson, the median commute time of resident workers (in minutes) is 26.8. And last, but certainly not least, are you looking for homes to rent in Benson? If so, the average rent price paid by renters in Benson is 692, according to recent statistics.

Diversity And Demographics In Benson, Illinois

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 Benson, 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 Benson is 35, split between 47.2 percent male versus 52.8 female. The percentage of residents who report being married in Benson is 49, with an average family size of 3.3.

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

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

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

Best Schools In Benson, Illinois

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

Pros And Cons Of Living In Benson, Illinois

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

• 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 Benson.

Reasons To Move To Benson, Illinois, In 2023

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