The housing market in Luling, LA is thriving despite the current economic conditions. The median house value in Luling is $252,000, which is significantly lower than the US median house value of $338,100. Despite this gap in values, the 1 year appreciation rates for houses in Luling and nationwide are both quite healthy. Specifically, the 1 year house appreciation rate for Luling homes is 9.06%, slightly higher than the US average of 8.27%. This indicates that Luling's housing market is strong and growing steadily.
The median home cost in Luling is $252,000. Home appreciation the last 10 years has been 61.9%. Home Appreciation in Luling is up 12.3%.
Average Age of Homes
- The median age of Luling real estate is 39 years old
The Rental Market in Luling
- Renters make up 14.5% of the Luling population
- 1.3% of houses and apartments in Luling, 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.