The housing market in 71033 Greenwood, LA is quite affordable compared to the national average. The median value of a house in this area is $211,000, which is significantly lower than the US median value of $338,100. Additionally, the 1 year appreciation for housing in 71033 Greenwood, LA is 5.41%, which is slightly lower than the US average of 8.27%. This could indicate that there may be some stability and affordability in the local housing market for prospective buyers and renters.
The median home cost in Greenwood (zip 71033) is $211,000. Home appreciation the last 10 years has been 31.9%. Home Appreciation in Greenwood (zip 71033) is up 12.2%.
Average Age of Homes
- The median age of Greenwood (zip 71033) real estate is 27 years old
The Rental Market in Greenwood (zip 71033)
- Renters make up 18.3% of the Greenwood (zip 71033) population
- 4.4% of houses and apartments in Greenwood (zip 71033), 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.