The housing market in the 70039 Boutte, LA area is on the rise with a median value of $201,700. This is much lower than the US House median value of $338,100 and yet the 1 year house appreciation rate for the area is higher at 9.06%, as compared to the US 1 year House Appreciation of 8.27%. It appears that Boutte, LA may be an excellent place to invest in real estate right now.
The median home cost in Boutte (zip 70039) is $201,700. Home appreciation the last 10 years has been 61.9%. Home Appreciation in Boutte (zip 70039) is up 12.3%.
Average Age of Homes
- The median age of Boutte (zip 70039) real estate is 38 years old
The Rental Market in Boutte (zip 70039)
- Renters make up 15.4% of the Boutte (zip 70039) population
- 7.2% of houses and apartments in Boutte (zip 70039), 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.