The median housing value in 70542 Gueydan, LA is $125,000, which is significantly lower than the US House Median Value of $338,100. While the US has seen a 1 year house appreciation of 8.27%, 70542 Gueydan, LA has experienced a 1 year house appreciation rate of 9.19%. This indicates that the housing market in 70542 Gueydan is faring better than the national average. Given the lower median price and higher appreciation rate, 70542 Gueydan may be an attractive option for first-time buyers looking to enter into the housing market.
The median home cost in Gueydan (zip 70542) is $125,000. Home appreciation the last 10 years has been 40.3%. Home Appreciation in Gueydan (zip 70542) is up 12.5%.
Average Age of Homes
- The median age of Gueydan (zip 70542) real estate is 41 years old
The Rental Market in Gueydan (zip 70542)
- Renters make up 8.9% of the Gueydan (zip 70542) population
- 0.6% of houses and apartments in Gueydan (zip 70542), 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.