Meraux, LA has a median housing value of $215,600, which is significantly lower than the US House Median Value of $338,100. Despite the lower median value, the appreciation rate for housing in Meraux is higher than the national average at 9.06%, compared to 8.27% nationally. This suggests that housing in Meraux may be a good investment opportunity for those looking to purchase property there.
The median home cost in Meraux is $215,600. Home appreciation the last 10 years has been 61.9%. Home Appreciation in Meraux is up 12.3%.
Average Age of Homes
- The median age of Meraux real estate is 30 years old
The Rental Market in Meraux
- Renters make up 14.0% of the Meraux population
- 0.2% of houses and apartments in Meraux, 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.