The housing market in Lutcher, LA is thriving. The median house value is $160,000, which is significantly lower than the US median house value of $338,100. This provides an affordable option for those looking to buy a home in the area. The rate of appreciation over the past year has been 9.06%, higher than the national average of 8.27%. This indicates that now is a great time to invest in Lutcher's real estate market as values are bound to increase further in the near future.
The median home cost in Lutcher is $160,000. Home appreciation the last 10 years has been 61.9%. Home Appreciation in Lutcher is up 12.3%.
Average Age of Homes
- The median age of Lutcher real estate is 50 years old
The Rental Market in Lutcher
- Renters make up 23.7% of the Lutcher population
- 1.8% of houses and apartments in Lutcher, 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.