Home prices
The median home in Benzonia is valued at $116,100. Compared to the surrounding areas this is roughly $22,580 (16%) lower.It is approximately $101,400 (46%) lower in comparison to the rest of the country, and in comparison to the city of Traverse City it is approximately $150,000 (56%) lower.
Rents
In Benzonia the median rent is $675 per month. It is about $59 (9%) higher in comparison to other places in this area.Compared to the rest of the country it is about $387 (36%) lower, and it is about $230 (25%) lower compared to the city of Traverse City.
Nearby places
Beulah
Beulah is Benzonia's neighbor to the north. Housing prices there are somewhat more expensive. The price of the median home in Beulah is $152,800, which comes out to $36,700 (24%) higher than Benzonia. Its rents are substantially less expensive. Beulah's median rent is $356 a month, which works out to $319 (89%) lower than Benzonia.
Honor
Honor is about 4 miles northeast of Benzonia. The housing prices there are pretty similar. The median home in Honor is valued at $110,600, which is $5,500 (4%) lower than Benzonia. Rent there is a bit more expensive. The median monthly rent in Honor is $850, which works out to $175 (20%) higher than Benzonia.
Frankfort
Frankfort is about 5 miles west from Benzonia. Housing prices there are substantially more expensive. The median home cost in Frankfort is $187,500, which comes out to $71,400 (38%) higher than Benzonia. Its rents are somewhat less expensive. Frankfort's median monthly rent is $629, which comes out to $46 (7%) lower than Benzonia.
Thompsonville
Thompsonville is approximately 9 miles southeast from Benzonia. The real estate prices there are a lot less expensive. The value of the median home in Thompsonville is $80,000, which comes out to $36,100 (45%) lower than Benzonia. The rent there is a lot less expensive. Thompsonville's median monthly rent is $433, which is $242 (55%) lower than Benzonia.
Arcadia
Arcadia is about 9 miles southwest of Benzonia. Real estate prices there are a bit more expensive. Arcadia's median home cost is $162,500, which comes out to $46,400 (28%) higher than Benzonia. Its rents are a bit more expensive. The median rent in Arcadia is $810 a month, which is $135 (16%) higher than Benzonia.
