The housing market in 71406 Belmont, LA is quite different from the US median value. The median value of housing in this area is $178,500 which is much lower than the national median of $338,100. While there has been a high 8.27% appreciation rate in US housing over one year, the appreciation rate for housing in 71406 Belmont, LA over the same time period is only 1.02%. This means that while buying a home here may be an affordable option for some buyers, it may not be as profitable in terms of potential returns on investment.
The median home cost in Belmont (zip 71406) is $178,500. Home appreciation the last 10 years has been 41.2%. Home Appreciation in Belmont (zip 71406) is up 10.7%.
Average Age of Homes
- The median age of Belmont (zip 71406) real estate is 40 years old
The Rental Market in Belmont (zip 71406)
- Renters make up 17.0% of the Belmont (zip 71406) population
- 0.0% of houses and apartments in Belmont (zip 71406), 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.