The housing market in 70803 Baton Rouge, LA is very similar to the US housing market as a whole. The median value of houses in 70803 Baton Rouge, LA is $233,700, which is much lower than the median value of US houses at $338,100. However, both markets experienced a similar appreciation rate in the past year with the US house appreciation rate being 8.27% and the appreciation rate for houses in 70803 Baton Rouge, LA being 8.15%. This shows that despite the difference in median house values, both markets are experiencing similar growth and appreciation rates.
The median home cost in Baton Rouge (zip 70803) is $233,700. Home appreciation the last 10 years has been 49.3%. Home Appreciation in Baton Rouge (zip 70803) is up 9.6%.
Average Age of Homes
- The median age of Baton Rouge (zip 70803) real estate is 22 years old
The Rental Market in Baton Rouge (zip 70803)
- Renters make up 61.8% of the Baton Rouge (zip 70803) population
- 100.0% of houses and apartments in Baton Rouge (zip 70803), 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.