Zip 71051 (Elm Grove, LA) Housing

Elm Grove, LA is a great place to live with a median house value of $188,500. The median house value in the US is $338,100, showing that Elm Grove is much more affordable than many other places. While the US house appreciation rate was 8.27% in the last year, Elm Grove saw a smaller appreciation rate of 5.41%. This shows that while property values have been increasing in Elm Grove it has been at a slower pace than the national average.

The median home cost in Elm Grove (zip 71051) is $188,500. Home appreciation the last 10 years has been 31.9%. Home Appreciation in Elm Grove (zip 71051) is up 12.2%.

Average Age of Homes

- The median age of Elm Grove (zip 71051) real estate is 23 years old

The Rental Market in Elm Grove (zip 71051)

- Renters make up 10.5% of the Elm Grove (zip 71051) population
- 0.0% of houses and apartments in Elm Grove (zip 71051), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Elm Grove, Louisiana	United States
	1,468.0	139,647,020.0
	20	42
	$188,500	$338,100
	12.2%	16.6%
	25.0%	57.0%
	31.9%	101.1%
	$7.19	$10.98
	$199	$2,690
	58.4%	57.4%
	32.2%	11.2%
	9.4%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	7.4%	3.6%
	24.8%	4.1%
Value of Owner-Occupied Housing
	30.3%	2.6%
	7.5%	2.4%
	10.0%	2.8%
	3.8%	3.9%
	6.8%	4.5%
	13.4%	11.3%
	12.2%	13.0%
	4.9%	20.1%
	4.7%	13.6%
	2.1%	8.3%
	0.0%	9.7%
	4.3%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	42.8%	13.6%
	42.8%	13.6%
	20.4%	13.6%
	8.9%	13.2%
	0.3%	14.8%
	20.4%	13.6%
	5.6%	10.0%
	1.2%	4.7%
	6.4%	12.2%

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