The housing market in Brownsville, LA is quite affordable compared to other areas of the US. The median value of homes in Brownsville is $81,000, significantly lower than the US median value of $338,100. While the US has experienced an appreciation rate of 8.27% in the last year, Brownsville's appreciation rate is slightly lower at 7.40%. This indicates that housing prices are relatively stable, and buyers can expect to find a good return on their investment over time.
The median home cost in Brownsville is $81,000. Home appreciation the last 10 years has been 40.8%. Home Appreciation in Brownsville is up 10.1%.
Average Age of Homes
- The median age of Brownsville real estate is 40 years old
The Rental Market in Brownsville
- Renters make up 36.0% of the Brownsville population
- 4.7% of houses and apartments in Brownsville, 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.