The housing market in Arcadia, LA (71001) is not quite as strong as that of the US as a whole. The median value for a home in Arcadia is $93,600, while the US house median value is $338,100. Despite the difference in values, the appreciation rate for homes in Arcadia over the past year was 5.41%, which isn't too far off from the US 1 year house appreciation of 8.27%. Overall, real estate prices are still relatively low and make it an attractive option to those looking to buy a home in this area.
The median home cost in Arcadia (zip 71001) is $93,600. Home appreciation the last 10 years has been 31.9%. Home Appreciation in Arcadia (zip 71001) is up 12.2%.
Average Age of Homes
- The median age of Arcadia (zip 71001) real estate is 44 years old
The Rental Market in Arcadia (zip 71001)
- Renters make up 33.7% of the Arcadia (zip 71001) population
- 0.7% of houses and apartments in Arcadia (zip 71001), 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.