Jena, LA has a median housing value of $148,300, which is less than the US house median value of $338,100. In the past year, the US House appreciation rate was 8.27%, while Jena, LA only experienced an appreciation rate of 0.82%. This suggests that Jena's housing market is not as strong as other parts of the country. However, this could provide an opportunity for investors looking for relatively low-cost housing in the area.
The median home cost in Jena is $148,300. Home appreciation the last 10 years has been 36.9%. Home Appreciation in Jena is up 8.6%.
Average Age of Homes
- The median age of Jena real estate is 40 years old
The Rental Market in Jena
- Renters make up 24.2% of the Jena population
- 0.0% of houses and apartments in Jena, 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.