Terrebonne Parish, LA Housing

The housing market in Terrebonne, LA County is much more affordable than the United States median value of $338,100. The median value of a house in Terrebonne is $162,700, which is approximately half the price of houses across the rest of the US. Despite its lower value, Terrebone's housing market has still appreciated by 7.40% over the last year, only slightly lower than the national average appreciation rate of 8.27%. This demonstrates that investing in housing in Terrebone can be an attractive option for potential buyers seeking a more affordable alternative to other regions.

The median home cost in Terrebonne County is $162,700. Home appreciation the last 10 years has been 32.8%. Home Appreciation in Terrebonne County is up 10.5%.

Average Age of Homes

- The median age of Terrebonne County real estate is 36 years old

The Rental Market in Terrebonne County

- Renters make up 24.8% of the Terrebonne County population
- 1.1% of houses and apartments in Terrebonne 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Terrebonne, Louisiana	United States
	47,042.0	139,647,020.0
	41	42
	$162,700	$338,100
	10.5%	16.6%
	22.6%	57.0%
	32.8%	101.1%
	$4.58	$10.98
	$735	$2,690
	64.9%	57.4%
	10.8%	11.2%
	24.3%	31.4%
Vacant Housing
	1.1%	1.9%
	0.3%	0.4%
	0.8%	0.7%
	0.2%	0.4%
	2.6%	3.6%
	5.8%	4.1%
Value of Owner-Occupied Housing
	6.7%	2.6%
	5.0%	2.4%
	4.8%	2.8%
	5.2%	3.9%
	5.8%	4.5%
	16.2%	11.3%
	22.4%	13.0%
	18.5%	20.1%
	7.8%	13.6%
	3.0%	8.3%
	2.2%	9.7%
	1.6%	3.9%
	0.6%	2.2%
	0.1%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	16.0%	13.6%
	16.0%	13.6%
	14.2%	13.6%
	11.2%	13.2%
	19.6%	14.8%
	14.2%	13.6%
	8.4%	10.0%
	4.5%	4.7%
	4.5%	12.2%

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