The housing market in Galliano, LA is doing well. The median value of homes in the area is $118,500, which is much lower than the national average of $338,100. This makes Galliano an attractive place for potential buyers who are looking for a more affordable option than what is available in other areas. Additionally, the 1 year house appreciation rate in Galliano was 10.21%, higher than the national average of 8.27%. This indicates that home values are on the rise in Galliano and it could be a great time to invest in real estate here.
The median home cost in Galliano is $118,500. Home appreciation the last 10 years has been 32.8%. Home Appreciation in Galliano is up 10.5%.
Average Age of Homes
- The median age of Galliano real estate is 39 years old
The Rental Market in Galliano
- Renters make up 24.6% of the Galliano population
- 1.1% of houses and apartments in Galliano, 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.