The housing market in Gretna, LA (zip code 70053) is doing well. According to the given data, the median value of a home in Gretna is $193,300, which is significantly lower than the national median value of $338,100. However, this shows that Gretna's housing market has more affordability when compared to other markets in the US. Additionally, the 1-year house appreciation rate in Gretna is 9.06%, which exceeds the national average of 8.27%. This indicates that home values are increasing at an above-average rate and that investing in a home in Gretna can be a wise financial move.
The median home cost in Gretna (zip 70053) is $193,300. Home appreciation the last 10 years has been 61.9%. Home Appreciation in Gretna (zip 70053) is up 12.3%.
Average Age of Homes
- The median age of Gretna (zip 70053) real estate is 55 years old
The Rental Market in Gretna (zip 70053)
- Renters make up 45.4% of the Gretna (zip 70053) population
- 3.3% of houses and apartments in Gretna (zip 70053), 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.