Woodmere, LA is a great place to invest in housing. The median housing value for Woodmere is $177,100 which is significantly lower than the U.S. median of $338,100. In addition, over the past year, houses in Woodmere have appreciated by 9.06%, which is higher than the U.S. average appreciation rate of 8.27%. This makes Woodmere an ideal location for those looking to invest in real estate as it offers greater potential for return on their investment than many other cities nationwide.
The median home cost in Woodmere is $177,100. Home appreciation the last 10 years has been 61.9%. Home Appreciation in Woodmere is up 12.3%.
Average Age of Homes
- The median age of Woodmere real estate is 40 years old
The Rental Market in Woodmere
- Renters make up 16.6% of the Woodmere population
- 1.2% of houses and apartments in Woodmere, 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.