Baker, LA offers its citizens an attractive housing market. With a median value of $154,800, the cost of buying a home in Baker is significantly lower than the US median value of $338,100. Additionally, house appreciation in Baker has been on the rise with an increase of 13.08% over the last year compared to 8.27% for the US as a whole. This makes Baker an ideal location for those looking to invest in real estate or purchase their first home at an affordable price.
The median home cost in Baker is $154,800. Home appreciation the last 10 years has been 51.4%. Home Appreciation in Baker is up 13.2%.
Average Age of Homes
- The median age of Baker real estate is 42 years old
The Rental Market in Baker
- Renters make up 32.4% of the Baker population
- 3.5% of houses and apartments in Baker, 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.