Jeanerette, LA has a median housing value of $96,600, which is significantly lower than the US median value of $338,100. Despite this significant difference in values, Jeanerette is still experiencing a strong increase in appreciation for their homes. The US home appreciation rate increased by 8.27% over the last year while Jeanerette's homes increased by 9.19%, demonstrating that the local housing market is currently booming. This trend looks to continue as more and more people learn about the benefits of living in Jeanerette and take advantage of its low real estate prices and vibrant community atmosphere.
The median home cost in Jeanerette is $96,600. Home appreciation the last 10 years has been 40.3%. Home Appreciation in Jeanerette is up 12.5%.
Average Age of Homes
- The median age of Jeanerette real estate is 46 years old
The Rental Market in Jeanerette
- Renters make up 24.1% of the Jeanerette population
- 4.2% of houses and apartments in Jeanerette, 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.