The median housing value in Elizabeth, LA with zip code 70638 is $121,900. This is significantly lower than the US median house value of $338,100. In the past year, the US has seen an 8.27% increase in house values while Elizabeth has seen a slower 6.09% appreciation rate. Despite the difference in median house values and appreciation rates, Elizabeth is still an attractive place to purchase a home due to its relatively low cost of living and close proximity to larger cities like Lafayette and Baton Rouge.
The median home cost in Elizabeth (zip 70638) is $121,900. Home appreciation the last 10 years has been 54.1%. Home Appreciation in Elizabeth (zip 70638) is up 11.0%.
Average Age of Homes
- The median age of Elizabeth (zip 70638) real estate is 38 years old
The Rental Market in Elizabeth (zip 70638)
- Renters make up 19.4% of the Elizabeth (zip 70638) population
- 1.3% of houses and apartments in Elizabeth (zip 70638), 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.