The housing market in North Hodge, LA is an attractive option for potential home buyers. The median value of a house in the area is $86,400, which is much lower than the US median value of $338,100. Despite this lower cost of entry into the housing market, there has still been an impressive appreciation rate of 7.40% over the past year - just under the US average of 8.27%. This trend suggests that North Hodge is a viable option for those who are looking to invest in and benefit from the booming housing market.
The median home cost in North Hodge is $86,400. Home appreciation the last 10 years has been 40.8%. Home Appreciation in North Hodge is up 10.1%.
Average Age of Homes
- The median age of North Hodge real estate is 48 years old
The Rental Market in North Hodge
- Renters make up 37.3% of the North Hodge population
- 11.1% of houses and apartments in North Hodge, 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.