Madisonville, LA is a great place to own property. The median value of housing in Madisonville is $349,100 which is slightly higher than the US median of $338,100. Furthermore, house appreciation in Madisonville has been on the rise with a 1 year appreciation of 11.36%, which is higher than the 1 year national appreciation rate of 8.27%. This indicates that it could be a great time to invest in real estate in Madisonville, LA.
The median home cost in Madisonville is $349,100. Home appreciation the last 10 years has been 53.3%. Home Appreciation in Madisonville is up 14.5%.
Average Age of Homes
- The median age of Madisonville real estate is 36 years old
The Rental Market in Madisonville
- Renters make up 28.1% of the Madisonville population
- 1.5% of houses and apartments in Madisonville, 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.