Vermilion, LA County is a great area to live in, with the median house value standing at $151,700. This is significantly lower than the US median house value of $338,100. Although the rate of appreciation for houses across the US is 8.27%, Vermilion shows a slightly lower rate of 6.09%. This makes houses in Vermilion an affordable option for families and individuals looking to purchase a home. The lower values combined with excellent schools and amenities make it an ideal place for anyone looking to settle down.
The median home cost in Vermilion County is $151,700. Home appreciation the last 10 years has been 40.3%. Home Appreciation in Vermilion County is up 12.5%.
Average Age of Homes
- The median age of Vermilion County real estate is 37 years old
The Rental Market in Vermilion County
- Renters make up 20.7% of the Vermilion County population
- 1.6% of houses and apartments in Vermilion 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.