Zip 70052 (Gramercy, LA) Housing

The housing market in Gramercy, LA (70052) is quite attractive, with a median value of $190,400. This is considerably lower than the US median house value of $338,100. Furthermore, the one year appreciation rate of house values in Gramercy is 9.06%, which is higher than the US rate of 8.27%. This makes it an ideal location for those looking to invest in property or purchase a new home as they are likely to see a positive return on their investment.

The median home cost in Gramercy (zip 70052) is $190,400. Home appreciation the last 10 years has been 61.9%. Home Appreciation in Gramercy (zip 70052) is up 12.3%.

Average Age of Homes

- The median age of Gramercy (zip 70052) real estate is 35 years old

The Rental Market in Gramercy (zip 70052)

- Renters make up 15.5% of the Gramercy (zip 70052) population
- 2.8% of houses and apartments in Gramercy (zip 70052), 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	Gramercy, Louisiana	United States
	1,280.0	139,647,020.0
	27	42
	$190,400	$338,100
	12.3%	16.6%
	40.6%	57.0%
	61.9%	101.1%
	$6.08	$10.98
	$1,161	$2,690
	69.2%	57.4%
	17.5%	11.2%
	13.3%	31.4%
Vacant Housing
	2.8%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	2.9%	0.4%
	2.6%	3.6%
	9.2%	4.1%
Value of Owner-Occupied Housing
	6.2%	2.6%
	1.2%	2.4%
	1.6%	2.8%
	8.0%	3.9%
	5.2%	4.5%
	9.7%	11.3%
	19.4%	13.0%
	34.0%	20.1%
	10.2%	13.6%
	4.5%	8.3%
	0.0%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	33.8%	13.6%
	33.8%	13.6%
	15.3%	13.6%
	4.8%	13.2%
	13.5%	14.8%
	15.3%	13.6%
	7.8%	10.0%
	3.6%	4.7%
	4.2%	12.2%

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