The housing market in Harvey, LA is quite competitive and attractive for potential home owners. The median value of homes in Harvey is $181,900, which is much lower than the US House median value of $338,100. Despite the lower median house value, the one year appreciation rate for housing in Harvey is 9.06%, slightly higher than the national average of 8.27%. This could be a great opportunity for potential new homeowners to invest in a good quality property at an affordable price and still see appreciation over time.
The median home cost in Harvey is $181,900. Home appreciation the last 10 years has been 61.9%. Home Appreciation in Harvey is up 12.3%.
Average Age of Homes
- The median age of Harvey real estate is 42 years old
The Rental Market in Harvey
- Renters make up 33.9% of the Harvey population
- 3.0% of houses and apartments in Harvey, 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.