Prospect, LA is a small town in Louisiana with a median home value of $177,400. Although the town's median is significantly lower than that of the US at $338,100, it has seen small growth of 1.02% over the course of one year compared to the US' 8.27%. Prospect is a good option for those looking for an affordable place to buy or rent property and who are not looking for significant appreciation in their housing investment.
The median home cost in Prospect is $177,400. Home appreciation the last 10 years has been 41.2%. Home Appreciation in Prospect is up 10.7%.
Average Age of Homes
- The median age of Prospect real estate is 39 years old
The Rental Market in Prospect
- Renters make up 16.7% of the Prospect population
- 0.0% of houses and apartments in Prospect, 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.