The housing market in Opelousas, LA is a great investment opportunity. The median value of houses is considerably lower than the US median, at $105,500 compared to $338,100. Moreover, house appreciation in the area is higher than the national average, reaching 9.19% over the last year. This makes Opelousas an attractive place to purchase a house in terms of both price and potential appreciation. With its thriving economy and vibrant culture, Opelousas is sure to provide a wonderful home for buyers who are looking for a good deal on their real estate investment.
The median home cost in Opelousas is $105,500. Home appreciation the last 10 years has been 40.3%. Home Appreciation in Opelousas is up 12.5%.
Average Age of Homes
- The median age of Opelousas real estate is 49 years old
The Rental Market in Opelousas
- Renters make up 42.8% of the Opelousas population
- 2.2% of houses and apartments in Opelousas, 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.