Oak Grove, LA is a small town located in Northern Louisiana. The housing market in Oak Grove is relatively affordable compared to the US median housing value of $338,100. The median value for houses in Oak Grove is $74,600 and the 1 year house appreciation rate is 7.40%. This makes Oak Grove an attractive option for those looking for an affordable place to live and invest in real estate. The one year appreciation rate may be slightly lower than the national average of 8.27%, but it still shows positive growth and potential for good returns on investment in the future.
The median home cost in Oak Grove is $74,600. Home appreciation the last 10 years has been 40.8%. Home Appreciation in Oak Grove is up 10.1%.
Average Age of Homes
- The median age of Oak Grove real estate is 46 years old
The Rental Market in Oak Grove
- Renters make up 33.2% of the Oak Grove population
- 1.0% of houses and apartments in Oak Grove, 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.