Louisiana, MO has experienced a strong appreciation in housing values over the past year. The median value of homes in Louisiana is currently $107,900, which is significantly lower than the US median house value of $338,100. Despite the lower median value, Louisiana has experienced a 13.08% rise in housing values over the past year compared to the national average of 8.27%. This indicates that there may be increasing market demand for homes in Louisiana and that it could be an attractive option for potential home buyers looking for a place to settle down.
The median home cost in Louisiana is $107,900. Home appreciation the last 10 years has been 82.8%. Home Appreciation in Louisiana is up 13.2%.
Average Age of Homes
- The median age of Louisiana real estate is 69 years old
The Rental Market in Louisiana
- Renters make up 33.2% of the Louisiana population
- 1.8% of houses and apartments in Louisiana, 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.