Houma-Thibodaux Metro Area, LA Housing

The housing in the Houma-Thibodaux, LA Metro Area is much lower than the national median. The median house value is $164,400, compared to the US median of $338,100. In the past year, house appreciation for this area was 4.31%, which is significantly lower than the 8.27% national rate. People looking to purchase a home in this area can find good deals, but may have to sacrifice on appreciation potential for their investment.

The median home cost in Houma-Thibodaux Metro Area is $164,400. Home appreciation the last 10 years has been 32.8%. Home Appreciation in Houma-Thibodaux Metro Area is up 10.5%.

Average Age of Homes

- The median age of Houma-Thibodaux Metro Area real estate is 37 years old

The Rental Market in Houma-Thibodaux Metro Area

- Renters make up 23.1% of the Houma-Thibodaux Metro Area population
- 1.5% of houses and apartments in Houma-Thibodaux 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Houma-Thibodaux, Louisiana	United States
	87,874.0	139,647,020.0
	41	42
	$164,400	$338,100
	10.5%	16.6%
	22.6%	57.0%
	32.8%	101.1%
	$4.71	$10.98
	$760	$2,690
	66.9%	57.4%
	10.8%	11.2%
	22.2%	31.4%
Vacant Housing
	1.5%	1.9%
	0.3%	0.4%
	1.1%	0.7%
	0.1%	0.4%
	1.9%	3.6%
	5.9%	4.1%
Value of Owner-Occupied Housing
	6.5%	2.6%
	4.8%	2.4%
	4.6%	2.8%
	5.3%	3.9%
	6.3%	4.5%
	16.7%	11.3%
	21.0%	13.0%
	20.7%	20.1%
	7.8%	13.6%
	2.8%	8.3%
	2.1%	9.7%
	1.0%	3.9%
	0.4%	2.2%
	0.0%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	15.1%	13.6%
	15.1%	13.6%
	13.2%	13.6%
	12.7%	13.2%
	19.5%	14.8%
	13.2%	13.6%
	8.7%	10.0%
	4.3%	4.7%
	4.3%	12.2%

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