The housing market in Blanchard, LA has an average median value of $197,900 which is considerably lower than the US median value of $338,100. This means that property in Blanchard is a great investment. However, while the US house appreciation rate was 8.27% over the past year, in Blanchard it was only 2.11%. Despite this lower house appreciation rate, the fact that property prices are much more affordable makes Blanchard an attractive location for potential homeowners and investors alike.
The median home cost in Blanchard is $197,900. Home appreciation the last 10 years has been 29.3%. Home Appreciation in Blanchard is up 11.3%.
Average Age of Homes
- The median age of Blanchard real estate is 29 years old
The Rental Market in Blanchard
- Renters make up 23.6% of the Blanchard population
- 0.0% of houses and apartments in Blanchard, 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.