The housing market in Montegut, LA is booming! The median value of houses in the area is currently $95,100, which is significantly lower than the US median value at $338,100. This local advantage has attracted many potential buyers leading to a higher rate of appreciation for homes in Montegut compared to the national average of 8.27%. In the past year alone, homes here have appreciated by 10.21%. These promising figures show that investing in real estate in Montegut can be a wise decision for homebuyers looking for an affordable yet rewarding option.
The median home cost in Montegut is $95,100. Home appreciation the last 10 years has been 32.8%. Home Appreciation in Montegut is up 10.5%.
Average Age of Homes
- The median age of Montegut real estate is 37 years old
The Rental Market in Montegut
- Renters make up 1.7% of the Montegut population
- 0.0% of houses and apartments in Montegut, 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.