The housing market in Jefferson, LA County is relatively affordable compared to the national median value of $338,100. The median home value in Jefferson is $227,600, which is 32% less than the national average. Over the past year, homes have appreciated at a rate of 6.48%, lower than the US 1-year appreciation rate of 8.27%. Despite lower appreciation rates, investing in a home in this area may prove to be an attractive option for potential buyers looking for an affordable alternative.
The median home cost in Jefferson County is $227,600. Home appreciation the last 10 years has been 62.9%. Home Appreciation in Jefferson County is up 12.0%.
Average Age of Homes
- The median age of Jefferson County real estate is 44 years old
The Rental Market in Jefferson County
- Renters make up 33.2% of the Jefferson County population
- 2.5% of houses and apartments in Jefferson 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.