Housing in Hornbeck, LA is significantly cheaper than the US median value. However, while the US saw a 1 year appreciation of 8.27%, the appreciation rate for Hornbeck was only 1.02%. This suggests that housing in Hornbeck, LA is not appreciating as quickly as other areas of the country which may lead to lower returns on investment. Despite this, many people find that living in Hornbeck is more affordable than other areas and still provides an acceptable quality of life.
The median home cost in Hornbeck is $114,800. Home appreciation the last 10 years has been 41.2%. Home Appreciation in Hornbeck is up 10.7%.
Average Age of Homes
- The median age of Hornbeck real estate is 35 years old
The Rental Market in Hornbeck
- Renters make up 18.5% of the Hornbeck population
- 4.0% of houses and apartments in Hornbeck, 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.