Housing in Houma, LA is significantly more affordable than the US median value of $338,100. The median value of a house in Houma is $162,500 and has appreciated 10.21% over the last year as compared to the national average of 8.27%. Therefore, it is an attractive option for those looking to purchase a home at an affordable price and with potential for growth over time.
The median home cost in Houma is $162,500. Home appreciation the last 10 years has been 32.8%. Home Appreciation in Houma is up 10.5%.
Average Age of Homes
- The median age of Houma real estate is 43 years old
The Rental Market in Houma
- Renters make up 31.9% of the Houma population
- 2.7% of houses and apartments in Houma, 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.