Housing in Mer Rouge, LA is relatively affordable compared to the national average. The median value of a house in Mer Rouge is $100,100 while the US median value is currently at $338,100. Over the past year, the national house appreciation rate stands at 8.27%, while houses in Mer Rouge have appreciated by 7.40%. This slightly lower rate of appreciation may be attractive to potential buyers looking for a more affordable option than other parts of the country.
The median home cost in Mer Rouge is $100,100. Home appreciation the last 10 years has been 40.8%. Home Appreciation in Mer Rouge is up 10.1%.
Average Age of Homes
- The median age of Mer Rouge real estate is 48 years old
The Rental Market in Mer Rouge
- Renters make up 36.5% of the Mer Rouge population
- 0.0% of houses and apartments in Mer Rouge, 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.