The housing market in Kentwood, LA is quite strong. The median value of a home in the area is $109,800, which is considerably lower than the U.S. median of $338,100. Furthermore, the 1 year appreciation rate for homes in Kentwood is 11.36%, which is higher than the 8.27% for homes across the United States. This indicates that now may be an especially good time to invest in real estate in Kentwood as property values are likely to continue to increase over time.
The median home cost in Kentwood is $109,800. Home appreciation the last 10 years has been 53.3%. Home Appreciation in Kentwood is up 14.5%.
Average Age of Homes
- The median age of Kentwood real estate is 37 years old
The Rental Market in Kentwood
- Renters make up 31.6% of the Kentwood population
- 0.0% of houses and apartments in Kentwood, 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.