Housing in Reeves, LA is relatively affordable, with a median housing value of $74,300. This is significantly lower than the US House Median Value of $338,100. While homes across the US have appreciated by 8.27% over the past year, homes in Reeves, LA have appreciated by 6.09%. This could be partially attributed to the lower cost of living in Reeves compared to other areas in the country. Despite this lower appreciation rate, it could still hold similar benefits for potential home buyers interested in investing in Reeves real estate.
The median home cost in Reeves is $74,300. Home appreciation the last 10 years has been 54.1%. Home Appreciation in Reeves is up 11.0%.
Average Age of Homes
- The median age of Reeves real estate is 49 years old
The Rental Market in Reeves
- Renters make up 6.5% of the Reeves population
- 0.0% of houses and apartments in Reeves, 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.