Reddell, LA is a small town with a median housing value of $69,700, significantly lower than the US median of $338,100. However, Reddell's 1 year house appreciation rate was 9.19%, slightly higher than the US average of 8.27%. This indicates that housing in Reddell is becoming more desirable and valuable at a faster rate than the national average.
The median home cost in Reddell is $69,700. Home appreciation the last 10 years has been 40.3%. Home Appreciation in Reddell is up 12.5%.
Average Age of Homes
- The median age of Reddell real estate is 30 years old
The Rental Market in Reddell
- Renters make up 36.5% of the Reddell population
- 8.4% of houses and apartments in Reddell, 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.