The housing market in Sunset, LA is doing well compared to the national average. The median value of a house in the area is currently $186,100, while the US median value is $338,100. Additionally, the one-year appreciation rate for houses in Sunset, LA is 9.19%, which is higher than the 8.27% national rate of appreciation. This shows that despite nationwide economic trends, housing in Sunset is seeing healthy growth rates and increasing values for homeowners in the area.
The median home cost in Sunset is $186,100. Home appreciation the last 10 years has been 40.3%. Home Appreciation in Sunset is up 12.5%.
Average Age of Homes
- The median age of Sunset real estate is 39 years old
The Rental Market in Sunset
- Renters make up 31.4% of the Sunset population
- 0.0% of houses and apartments in Sunset, 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.