The housing market in Chackbay, LA is thriving. The median value of houses in the area is $243,600, which is considerably lower than the US house median value of $338,100. However, the 1 year house appreciation rate here in Chackbay has been much higher than the national average - 10.21% compared to 8.27%. This suggests that now might be a great time to invest in property within this area as prices are expected to rise further down the line.
The median home cost in Chackbay is $243,600. Home appreciation the last 10 years has been 32.8%. Home Appreciation in Chackbay is up 10.5%.
Average Age of Homes
- The median age of Chackbay real estate is 28 years old
The Rental Market in Chackbay
- Renters make up 7.7% of the Chackbay population
- 2.7% of houses and apartments in Chackbay, 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.