Housing in Bunkie, LA is much more affordable than the US median value of $338,100. The median value of homes in Bunkie is $74,000 which is roughly 79% lower than the US median. While the US housing market has experienced an appreciation rate of 8.27% over the past year, Bunkie has only seen an appreciation rate of 0.82%. This proves to be a more conservative investment for anyone looking to purchase a home in this city. Despite lower values and lower rates of appreciation, there are still plenty of people who call Bunkie home due to its affordability and proximity to the larger cities and towns nearby.
The median home cost in Bunkie is $74,000. Home appreciation the last 10 years has been 36.9%. Home Appreciation in Bunkie is up 8.6%.
Average Age of Homes
- The median age of Bunkie real estate is 58 years old
The Rental Market in Bunkie
- Renters make up 33.7% of the Bunkie population
- 11.0% of houses and apartments in Bunkie, 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.