The housing market in Ruston, LA is vibrant and growing. The median value of homes in the city currently stands at $195,100, which is lower than the US median house value of $338,100. Despite this disparity, the rate of appreciation for Ruston homes has been strong over the last year, with an increase of 7.40% compared to a national average of 8.27%. This indicates that Ruston real estate remains an excellent investment opportunity and provides a stable market for home buyers and sellers alike.
The median home cost in Ruston is $195,100. Home appreciation the last 10 years has been 40.8%. Home Appreciation in Ruston is up 10.1%.
Average Age of Homes
- The median age of Ruston real estate is 37 years old
The Rental Market in Ruston
- Renters make up 54.9% of the Ruston population
- 3.3% of houses and apartments in Ruston, 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.