Allen, LA County is an area with a relatively affordable housing market. The median home value in Allen is $109,000, significantly lower than the US median value of $338,100. However, while housing appreciation in the US has recently increased 8.27%, housing appreciation in Allen has only increased by 4.79%. This indicates that there is still potential for growth in the Allen housing market, which may make it an attractive option for those looking to buy a home at a reasonable price.
The median home cost in Allen County is $109,000. Home appreciation the last 10 years has been 48.8%. Home Appreciation in Allen County is up 10.9%.
Average Age of Homes
- The median age of Allen County real estate is 39 years old
The Rental Market in Allen County
- Renters make up 22.6% of the Allen County population
- 1.8% of houses and apartments in Allen County, 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.