Red River, LA County is a great place to purchase a home. The median value of homes in Red River is $78,000, which is much lower than the US house median value of $338,100. The appreciation rate for housing in Red River over the past year has been 7.40%, slightly less than the US 1 year house appreciation rate of 8.27%. This makes Red River an attractive place for potential homeowners looking for an affordable area with good potential for appreciation.
The median home cost in Red River County is $78,000. Home appreciation the last 10 years has been 31.9%. Home Appreciation in Red River County is up 12.2%.
Average Age of Homes
- The median age of Red River County real estate is 37 years old
The Rental Market in Red River County
- Renters make up 20.5% of the Red River County population
- 0.3% of houses and apartments in Red River 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.