Patterson, LA is a great place to invest in housing. The median value of housing in Patterson, LA is $130,800, which is significantly lower than the US median value of $338,100. This makes investing in housing in Patterson a very attractive option for potential buyers looking to get more bang for their buck. Furthermore, the 1 year appreciation rate for housing in Patterson is 10.21%, higher than the national average of 8.27%. With these factors in play, it's no wonder why investing in housing in Patterson makes smart financial sense.
The median home cost in Patterson is $130,800. Home appreciation the last 10 years has been 32.8%. Home Appreciation in Patterson is up 10.5%.
Average Age of Homes
- The median age of Patterson real estate is 30 years old
The Rental Market in Patterson
- Renters make up 29.3% of the Patterson population
- 11.4% of houses and apartments in Patterson, 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.