The housing market in 71029 Gilliam, LA is significantly lower than the national average. The median value of a house in this area is $105,400, compared to the US median of $338,100. Additionally, the 1 year appreciation rate for housing in this area is 5.41%, which is significantly lower than the US rate of 8.27%. Despite a lower appreciation rate and overall value, 71029 Gilliam still offers affordable and attractive housing options for those looking to settle down in the Louisiana area.
The median home cost in Gilliam (zip 71029) is $105,400. Home appreciation the last 10 years has been 31.9%. Home Appreciation in Gilliam (zip 71029) is up 12.2%.
Average Age of Homes
- The median age of Gilliam (zip 71029) real estate is 46 years old
The Rental Market in Gilliam (zip 71029)
- Renters make up 26.5% of the Gilliam (zip 71029) population
- 0.0% of houses and apartments in Gilliam (zip 71029), 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.