Living in Roanoke, LA is a great option for anyone looking to purchase a home. The median value of housing in Roanoke is $102,200 which is significantly lower than the US house median value of $338,100. Despite the lower median value, the 1 year appreciation rate of homes in Roanoke is actually higher than the US average at 9.19%, making it an attractive place to invest in housing. With this combination of affordability and potential returns, Roanoke can be a great place for anyone interested in buying or investing in Real Estate.
The median home cost in Roanoke is $102,200. Home appreciation the last 10 years has been 40.3%. Home Appreciation in Roanoke is up 12.5%.
Average Age of Homes
- The median age of Roanoke real estate is 39 years old
The Rental Market in Roanoke
- Renters make up 8.5% of the Roanoke population
- 0.0% of houses and apartments in Roanoke, 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.