In 70711 Albany, LA the median value of housing is $209,200. This is significantly lower than the US house median value of $338,100. However, the one year house appreciation rate in 70711 Albany, LA is 13.15%, which outpaces the US average of 8.27%. As such, 70711 Albany, LA has seen notable growth in its housing market over the past year and may very well continue to do so going forward.
The median home cost in Albany (zip 70711) is $209,200. Home appreciation the last 10 years has been 51.4%. Home Appreciation in Albany (zip 70711) is up 13.2%.
Average Age of Homes
- The median age of Albany (zip 70711) real estate is 29 years old
The Rental Market in Albany (zip 70711)
- Renters make up 18.7% of the Albany (zip 70711) population
- 0.7% of houses and apartments in Albany (zip 70711), 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.