Rayville, LA is a great place to live with an attractive median housing value of $119,000 compared to the US median value of $338,100. The one year house appreciation rate in Rayville is 7.40%, slightly lower than the national rate of 8.27% - however this provides prospective home buyers with an opportunity to purchase a property at a discounted rate and still benefit from the appreciation over time. It's no surprise why many people are choosing Rayville as their next hometown!
The median home cost in Rayville is $119,000. Home appreciation the last 10 years has been 40.8%. Home Appreciation in Rayville is up 10.1%.
Average Age of Homes
- The median age of Rayville real estate is 43 years old
The Rental Market in Rayville
- Renters make up 55.3% of the Rayville population
- 1.1% of houses and apartments in Rayville, 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.