Market Overview
Home Prices in Benton, TN
The median home value in Benton, TN is $271,019 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 6.2% compared to a year ago and up 1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Benton are priced34% below average. Benton is part of the Cleveland, TN metro area.
Over the past five years, Benton home values have risen by approximately41.0%, reflecting strong long-term appreciation in this market.
Price History
Benton Home Price Trend
City Comparison
Benton vs. National Median
At $271,019, homes in Benton cost 34% below the national median of $410,000. This makes Benton a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Benton?
20% Down Payment
$54,204
on $271,019
Monthly P&I
$1,413/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,795/mo
incl. taxes & insurance
Income Needed
$71,800
gross annual (30% rule)
10% Down Option
$27,102
+ PMI applies
Loan Amount (20% dn)
$216,815
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Benton, TN?
The median home value in Benton is $271,019 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 6.2% year-over-year.
How much have home prices changed in Benton?
Over the past year, home values in Benton have increased by 6.2%. Over five years, prices have risen approximately 41.0%.
How much do I need to earn to buy a home in Benton?
To comfortably afford the median home price of $271,019 with a 20% down payment ($54,204) at today's rates (6.8%), you'd need a gross annual income of approximately $71,800. This assumes keeping total housing costs at or below 30% of gross income.
How does Benton compare to the national average home price?
The national median home value is approximately $410,000. At $271,019, homes in Benton are 34% below the national average.
What metro area is Benton part of?
Benton is part of the Cleveland, TN metropolitan area. Home prices and market conditions can vary across the broader metro region.