The housing market in Iota, LA is thriving. The median value of a house in Iota, LA is $153,400 which is less than the US House median value of $338,100. However, the one year appreciation rate for houses in Iota, LA is 9.19% which is higher than the US 1 year house appreciation rate of 8.27%. This suggests that the housing market in Iota, LA is growing and could be a great investment opportunity for prospective buyers.
The median home cost in Iota is $153,400. Home appreciation the last 10 years has been 40.3%. Home Appreciation in Iota is up 12.5%.
Average Age of Homes
- The median age of Iota real estate is 37 years old
The Rental Market in Iota
- Renters make up 34.4% of the Iota population
- 4.1% of houses and apartments in Iota, 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.