Housing in Choctaw, LA is quite affordable compared to the US median value, with the median value being only $165,000. Despite this lower cost of housing, the appreciation rate has been higher than the national rate of 8.27%, standing at 10.21%. This indicates that investing in a home in Choctaw, LA could be a sound financial decision for those looking to buy property as an asset.
The median home cost in Choctaw is $165,000. Home appreciation the last 10 years has been 32.8%. Home Appreciation in Choctaw is up 10.5%.
Average Age of Homes
- The median age of Choctaw real estate is 35 years old
The Rental Market in Choctaw
- Renters make up 2.4% of the Choctaw population
- 12.4% of houses and apartments in Choctaw, 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.