The housing market in Parks, LA is quite affordable compared to the national median, with an average median value of $116,000. In addition, there has been a positive trend in the housing market in Parks over the past year with an appreciation rate of 9.19%, which is higher than that of the US at 8.27%. This trend suggests that investing in real estate in Parks could be profitable for buyers and sellers alike.
The median home cost in Parks is $116,000. Home appreciation the last 10 years has been 40.3%. Home Appreciation in Parks is up 12.5%.
Average Age of Homes
- The median age of Parks real estate is 30 years old
The Rental Market in Parks
- Renters make up 15.8% of the Parks population
- 0.0% of houses and apartments in Parks, 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.