Zip 71241 (Farmerville, LA) Housing

The housing market in Farmerville, LA (zip code 71241) has been strong over the past year. According to recent data, the median value of homes in this area is $153,600, which is significantly lower than the US median of $338,100. Despite the relative affordability of property in Farmerville, it has still seen a respectable 7.4% house appreciation rate over the last year. This is slightly lower than the national average of 8.27% but is still good news for existing homeowners and prospective buyers alike.

The median home cost in Farmerville (zip 71241) is $153,600. Home appreciation the last 10 years has been 40.8%. Home Appreciation in Farmerville (zip 71241) is up 10.1%.

Average Age of Homes

- The median age of Farmerville (zip 71241) real estate is 35 years old

The Rental Market in Farmerville (zip 71241)

- Renters make up 18.0% of the Farmerville (zip 71241) population
- 3.4% of houses and apartments in Farmerville (zip 71241), 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	Farmerville, Louisiana	United States
	4,130.0	139,647,020.0
	36	42
	$153,600	$338,100
	10.1%	16.6%
	24.0%	57.0%
	40.8%	101.1%
	$3.94	$10.98
	$421	$2,690
	59.0%	57.4%
	27.4%	11.2%
	13.6%	31.4%
Vacant Housing
	3.4%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	1.9%	0.4%
	9.6%	3.6%
	12.4%	4.1%
Value of Owner-Occupied Housing
	12.6%	2.6%
	10.8%	2.4%
	10.6%	2.8%
	8.1%	3.9%
	4.8%	4.5%
	16.5%	11.3%
	10.0%	13.0%
	13.7%	20.1%
	7.3%	13.6%
	3.4%	8.3%
	2.3%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.3%	0.2%
	22.4%	13.6%
	22.4%	13.6%
	16.8%	13.6%
	16.1%	13.2%
	15.2%	14.8%
	16.8%	13.6%
	6.3%	10.0%
	3.1%	4.7%
	1.5%	12.2%

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