Bill Hill
Benton Real Estate
Bill Hill helps buyers and sellers navigate the Benton, Minnesota real estate market with direct guidance and zero pressure. Finding a home in this region requires a clear strategy and a partner who values honesty.
The Benton market features a mix of housing options. Many residents choose this area for its accessibility, as 73% of commutes are under 30 minutes (U.S. Census Bureau, American Community Survey, 2020–2024 ACS 5-year estimates). The housing stock is established but modern, with a median year built of 1986 (U.S. Census Bureau, American Community Survey, 2020–2024 ACS 5-year estimates).
Bill Hill focuses on single-family homes, new construction, and waterfront properties throughout the county. He provides straightforward advice for first-time buyers and those looking to downsize. His approach is simple: houses sell houses. He does not use sales tactics or pressure. Instead, he guides clients through the logistics once they identify the right property.
Benton has seen consistent growth in property value over time. According to the Federal Housing Finance Agency House Price Index (2020 to 2025), home prices changed by +41.9% over a five-year period. Bill Hill monitors these trends to help sellers position their homes effectively and to ensure buyers understand the current landscape of the Minnesota market.
By the numbers
Benton County at a glance
| Population2020–2024 ACS 5-year estimates | 41,593 |
|---|---|
| Housing units2020–2024 ACS 5-year estimates | 17,608 |
| Median home value (owner-occupied)2020–2024 ACS 5-year estimates | $271,000 |
| Median monthly rent2020–2024 ACS 5-year estimates | $982 |
| Median annual property tax paid2020–2024 ACS 5-year estimates | $2,651 |
| Homes that are owner-occupied2020–2024 ACS 5-year estimates | 67% |
| Homes that are single-family detached2020–2024 ACS 5-year estimates | 66% |
| Median year homes were built2020–2024 ACS 5-year estimates | 1986 |
| Commutes under 30 minutes2020–2024 ACS 5-year estimates | 73% |
| Home price change, 1 year2024 to 2025 | +3.2% |
| Home price change, 5 years2020 to 2025 | +41.9% |
| Average 30-year fixed mortgage rate (U.S.)week of 2026-09-24 | 7.03% |
| Average 30-year fixed mortgage rate a year earlier (U.S.)week of 2025-09-18 | 6.26% |
Sources: U.S. Census Bureau, American Community Survey; Federal Housing Finance Agency House Price Index; Freddie Mac Primary Mortgage Market Survey. Published estimates for the area as a whole, not a valuation of any property.
FAQ
Frequently asked questions
What is the median home value in Benton, Minnesota?↓
The median home value for owner-occupied units is $271,000 (U.S. Census Bureau, American Community Survey, 2020–2024 ACS 5-year estimates). This figure reflects the diverse range of single-family homes and townhouses available in the area. Bill Hill provides clear data to help buyers understand what their budget can afford in the current market.
How much are property taxes in Benton?↓
Homeowners in this area pay a median annual property tax of $2,651 (U.S. Census Bureau, American Community Survey, 2020–2024 ACS 5-year estimates). Tax amounts vary based on the specific location and property type. Bill Hill reviews these carrying costs with clients to ensure a property fits their long-term financial goals.
Are most homes in Benton owner-occupied?↓
Yes, approximately 67% of homes in Benton are owner-occupied (U.S. Census Bureau, American Community Survey, 2020–2024 ACS 5-year estimates). The area consists primarily of detached residences, which make up 66% of the housing stock (U.S. Census Bureau, American Community Survey, 2020–2024 ACS 5-year estimates). This high rate of ownership defines the residential character of the local neighborhoods.
What are the current mortgage rates for a home in Benton?↓
As of the week of 2026-09-24, the average 30-year fixed mortgage rate in the U.S. is 7.03% (Freddie Mac Primary Mortgage Market Survey). This is an increase from the previous year when the rate was 6.26% (Freddie Mac Primary Mortgage Market Survey, week of 2025-09-18). Bill Hill encourages buyers to secure pre-approvals early to understand their purchasing power.
Is the Benton real estate market growing?↓
Benton has experienced steady appreciation, with a 1-year home price change of +3.2% (Federal Housing Finance Agency House Price Index, 2024 to 2025). The population stands at 41,593 (U.S. Census Bureau, American Community Survey, 2020–2024 ACS 5-year estimates). Bill Hill uses these metrics to provide a realistic outlook for both buyers entering the market and sellers planning a move.