The housing market in 70640, Fenton, LA appears to be quite promising. The median value for homes in the area is $113,000, which is significantly lower than the national median house value of $338,100. Over the past year, homes in the area have appreciated by 6.09%, which is slightly lower than the US rate of 8.27%. This suggests that Fenton has a stable housing market with slower but steady growth in home values. Additionally, due to the low median value for homes in this area, buyers can find good deals and potential for long-term investments.
The median home cost in Fenton (zip 70640) is $113,000. Home appreciation the last 10 years has been 54.1%. Home Appreciation in Fenton (zip 70640) is up 11.0%.
Average Age of Homes
- The median age of Fenton (zip 70640) real estate is 40 years old
The Rental Market in Fenton (zip 70640)
- Renters make up 18.9% of the Fenton (zip 70640) population
- 0.0% of houses and apartments in Fenton (zip 70640), 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.