Sorrento, LA is a great place to live when it comes to housing. The median value of houses in Sorrento is $263,700, which is significantly lower than the US House Median Value of $338,100. Moreover, the one-year appreciation rate of houses in Sorrento was 13.15%, higher than the national average of 8.27%. This shows that Sorrento remains an attractive option for homeowners and potential buyers due to its affordable prices and strong market appreciation.
The median home cost in Sorrento is $263,700. Home appreciation the last 10 years has been 51.4%. Home Appreciation in Sorrento is up 13.2%.
Average Age of Homes
- The median age of Sorrento real estate is 35 years old
The Rental Market in Sorrento
- Renters make up 17.4% of the Sorrento population
- 2.2% of houses and apartments in Sorrento, 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.