Housing in Elizabeth, LA is significantly cheaper than the US average, with the median value being $59,900 compared to the US average of $338,100. Despite this difference in pricing, the houses in Elizabeth have still appreciated over the past year at an impressive rate of 6.09%, which is only slightly lower than the nationwide appreciation rate of 8.27%. This shows that this small Louisiana town is an attractive place to invest in housing and could be a great option for those looking for a more affordable option when buying a home.
The median home cost in Elizabeth is $59,900. Home appreciation the last 10 years has been 54.1%. Home Appreciation in Elizabeth is up 11.0%.
Average Age of Homes
- The median age of Elizabeth real estate is 46 years old
The Rental Market in Elizabeth
- Renters make up 31.0% of the Elizabeth population
- 1.9% of houses and apartments in Elizabeth, 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.