The housing market in 70723 Union, LA is thriving. The median value of a house in the area is $141,500, which is much lower than the median value of a house in the United States as a whole at $338,100. Over the past year, the US housing appreciation rate was 8.27%, but in 70723 Union, LA it was even higher at 13.15%. This indicates that people are investing heavily in this area and that the housing market will continue to be healthy for some time to come.
The median home cost in Union (zip 70723) is $141,500. Home appreciation the last 10 years has been 51.4%. Home Appreciation in Union (zip 70723) is up 13.2%.
Average Age of Homes
- The median age of Union (zip 70723) real estate is 49 years old
The Rental Market in Union (zip 70723)
- Renters make up 15.2% of the Union (zip 70723) population
- 3.2% of houses and apartments in Union (zip 70723), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.