The housing market in Winnfield, LA offers a median value of $81,500, which is significantly lower than the US median value of $338,100. While the US has seen an 8.27% appreciation rate in housing over the past year, Winnfield has only seen a 1.02% appreciation rate for the same period. This means that Winnfield homes are not increasing in value as quickly as other areas across the country. However, with a low median home value and slower appreciation rates, there could be a good investment opportunity here for those looking to buy a home at an affordable price.
The median home cost in Winnfield is $81,500. Home appreciation the last 10 years has been 41.2%. Home Appreciation in Winnfield is up 10.7%.
Average Age of Homes
- The median age of Winnfield real estate is 45 years old
The Rental Market in Winnfield
- Renters make up 37.1% of the Winnfield population
- 2.0% of houses and apartments in Winnfield, 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.