Morehouse, LA County has a median housing value of $89,800, which is significantly lower than the US median housing value of $338,100. Over the past year, the appreciation rate of housing in Morehouse was 5.41%, significantly lower than the national rate of 8.27%. This indicates that the cost of living in Morehouse is likely much more affordable than other areas in the United States. Despite this, it is important to note that Morehouse has experienced some growth in its housing market over the last year and may become an attractive location for potential buyers looking for a more economical option.
The median home cost in Morehouse County is $89,800. Home appreciation the last 10 years has been 40.8%. Home Appreciation in Morehouse County is up 10.1%.
Average Age of Homes
- The median age of Morehouse County real estate is 42 years old
The Rental Market in Morehouse County
- Renters make up 29.4% of the Morehouse County population
- 1.8% of houses and apartments in Morehouse 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.