The housing market in Lafourche, LA County has experienced relatively low appreciation over the past year compared to the US as a whole. The median value of houses in the county is far below the national median of $338,100, sitting at just $166,400. This makes it an affordable option for those looking to move to the area and invest in property. Unlike other areas of the country, house appreciation in Lafourche only rose by 0.82%, making it much less volatile than other markets across the US.
The median home cost in Lafourche County is $166,400. Home appreciation the last 10 years has been 32.8%. Home Appreciation in Lafourche County is up 10.5%.
Average Age of Homes
- The median age of Lafourche County real estate is 38 years old
The Rental Market in Lafourche County
- Renters make up 21.2% of the Lafourche County population
- 1.9% of houses and apartments in Lafourche 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.