The housing market in St. Martin, LA County is doing relatively well compared to the national average. The median value of homes in the area is $141,000, while the national median home value is $338,100. In addition, the 1 year house appreciation rate for St. Martin is 10.21%, which is higher than the US house appreciation rate of 8.27%. This indicates that people are investing in housing in St. Martin and that it can be a great opportunity for those looking to buy or invest in real estate in this area.
The median home cost in St. Martin County is $141,000. Home appreciation the last 10 years has been 40.3%. Home Appreciation in St. Martin County is up 12.5%.
Average Age of Homes
- The median age of St. Martin County real estate is 33 years old
The Rental Market in St. Martin County
- Renters make up 17.3% of the St. Martin County population
- 1.6% of houses and apartments in St. Martin 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.