The housing market in Branch, LA (zip code 70516) is quite strong. According to the latest data, the median value for houses in this area is $120,300, which is much lower than the US average of $338,100. This makes it very affordable for buyers who may not be able to afford higher-priced homes elsewhere. In addition, over the past year, house appreciation has been 9.19%, which is higher than the national rate of 8.27%. This shows that homeowners in Branch, LA are making an excellent investment with a growing market and reasonable prices.
The median home cost in Branch (zip 70516) is $120,300. Home appreciation the last 10 years has been 40.3%. Home Appreciation in Branch (zip 70516) is up 12.5%.
Average Age of Homes
- The median age of Branch (zip 70516) real estate is 29 years old
The Rental Market in Branch (zip 70516)
- Renters make up 3.2% of the Branch (zip 70516) population
- 0.0% of houses and apartments in Branch (zip 70516), 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.