The housing market in the Opelousas, LA Metro Area is booming, with a median home value of $125,800 and an appreciation rate of 12.78% over the last year. This figure is significantly higher than the US house median value of $338,100 and 8.27% appreciation rate over one year. It is clear to see that this area is undergoing a rapid development in terms of housing activity. With such attractive prices and high levels of appreciation, it is no wonder why so many people are interested in investing in housing within this metro area.
The median home cost in Opelousas Metro Area is $125,800. Home appreciation the last 10 years has been 40.3%. Home Appreciation in Opelousas Metro Area is up 12.3%.
Average Age of Homes
- The median age of Opelousas Metro Area real estate is 43 years old
The Rental Market in Opelousas Metro Area
- Renters make up 25.3% of the Opelousas Metro Area population
- 1.4% of houses and apartments in Opelousas Metro Area, 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.