LaPlace, IL is a great place to buy a home. The median value of houses in the area is $116,900 which is significantly lower than the US median of $338,100. Furthermore, house appreciation in LaPlace has been significantly higher than the national rate in the last year with an 18.98% jump compared to 8.27% nationally. This means that housing in LaPlace can be an excellent investment for potential homeowners. With significantly lower prices and high rates of appreciation, LaPlace is definitely worth considering when searching for a new home.
The median home cost in LaPlace is $116,900. Home appreciation the last 10 years has been 43.3%. Home Appreciation in LaPlace is up 13.5%.
Average Age of Homes
- The median age of LaPlace real estate is 78 years old
The Rental Market in LaPlace
- Renters make up 0.0% of the LaPlace population
- 0.0% of houses and apartments in LaPlace, 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.