Addis, LA is a small, picturesque town located in Louisiana. The median value of homes in Addis is currently $246,000 which is significantly lower than the US median of $338,100. However, the one-year appreciation rate for homes in Addis is 13.15%, much higher than the 8.27% national average. This high appreciation rate indicates that housing prices are rapidly increasing and could soon reach the US median value or even exceed it in the near future. It's an exciting time to buy a home in Addis with so much potential for growth in the housing market!
The median home cost in Addis is $246,000. Home appreciation the last 10 years has been 51.4%. Home Appreciation in Addis is up 13.2%.
Average Age of Homes
- The median age of Addis real estate is 17 years old
The Rental Market in Addis
- Renters make up 25.4% of the Addis population
- 2.2% of houses and apartments in Addis, 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.