The housing market in Glenmora, LA is quite affordable when compared to the national average. The median value of a house in Glenmora is only $102,700 compared to the US median value of $338,100. Over the past year, the appreciation rate for houses in Glenmora was 1.02%, less than half of the 8.27% appreciation for houses across the US. This slower rate of appreciation has kept housing prices in Glenmora relatively low, making it an attractive place to purchase property.
The median home cost in Glenmora is $102,700. Home appreciation the last 10 years has been 41.2%. Home Appreciation in Glenmora is up 10.7%.
Average Age of Homes
- The median age of Glenmora real estate is 43 years old
The Rental Market in Glenmora
- Renters make up 36.9% of the Glenmora population
- 7.4% of houses and apartments in Glenmora, 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.