The housing market in 70729 Erwinville, LA is booming. The median value for homes in this area is $208,600, which is considerably lower than the US median house value of $338,100. Even so, property values have increased significantly in the past year with a 13.15% appreciation rate compared to 8.27% across the country. This suggests that 70729 Erwinville, LA is an excellent place to invest in real estate as prices are expected to continue rising rapidly in the near future.
The median home cost in Erwinville (zip 70729) is $208,600. Home appreciation the last 10 years has been 51.4%. Home Appreciation in Erwinville (zip 70729) is up 13.2%.
Average Age of Homes
- The median age of Erwinville (zip 70729) real estate is 25 years old
The Rental Market in Erwinville (zip 70729)
- Renters make up 6.9% of the Erwinville (zip 70729) population
- 0.0% of houses and apartments in Erwinville (zip 70729), 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.