The housing market in Arabi, LA is on the rise. The median value of a house in Arabi is currently $203,300, significantly lower than the US House Median of $338,100. However, the 1 year house appreciation for Arabi has been even higher than the national average at 9.06%, compared to 8.27%. This indicates that Arabi's housing market is growing quickly and could be an attractive market for potential buyers or investors.
The median home cost in Arabi is $203,300. Home appreciation the last 10 years has been 61.9%. Home Appreciation in Arabi is up 12.3%.
Average Age of Homes
- The median age of Arabi real estate is 53 years old
The Rental Market in Arabi
- Renters make up 28.8% of the Arabi population
- 2.4% of houses and apartments in Arabi, 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.