The housing market in Branch, LA is relatively affordable compared to the US average with a median value of $62,000. Compared to the US median value of $338,100, it is significantly lower. Despite this noteworthy difference, the one-year appreciation rate of house values in Branch, LA is higher than that of the United States at 9.19% versus 8.27%. This may be evidence of an upswing in home prices for this region, suggesting that now may be a good time for potential homeowners or investors to consider buying in Branch, LA before prices rise further.
The median home cost in Branch is $62,000. Home appreciation the last 10 years has been 40.3%. Home Appreciation in Branch is up 12.5%.
Average Age of Homes
- The median age of Branch real estate is 60 years old
The Rental Market in Branch
- Renters make up 0.0% of the Branch population
- 0.0% of houses and apartments in Branch, 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.