The housing in Provencal, LA is quite affordable compared to the US median value of $338,100. The median value in Provencal is $145,800 which is significantly lower than the national average. However, while the US House Appreciation rate for the last year was 8.27%, Provencal's 1 year House Appreciation rate only came in at 1.02%. This indicates that there may be a slower appreciation rate of housing in Provencal than in other parts of the country. However, due to its affordability and low median value, it may still be an attractive option for potential home buyers looking for an affordable place to live.
The median home cost in Provencal is $145,800. Home appreciation the last 10 years has been 41.2%. Home Appreciation in Provencal is up 10.7%.
Average Age of Homes
- The median age of Provencal real estate is 26 years old
The Rental Market in Provencal
- Renters make up 38.4% of the Provencal population
- 2.7% of houses and apartments in Provencal, 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.