Paradis, LA is a great place to invest in housing with a median value of $162,500. This is significantly lower than the US House Median Value of $338,100 and provides an opportunity for people to purchase affordable housing. The US 1 year House Appreciation rate is 8.27%, while the 1 year appreciation rate in Paradis, LA is even higher at 9.06%. These increased rates show that investing in real estate in Paradis, LA could be a wise decision as home values are likely to increase over time.
The median home cost in Paradis is $162,500. Home appreciation the last 10 years has been 61.9%. Home Appreciation in Paradis is up 12.3%.
Average Age of Homes
- The median age of Paradis real estate is 36 years old
The Rental Market in Paradis
- Renters make up 22.4% of the Paradis population
- 0.0% of houses and apartments in Paradis, 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.