The median housing value in 71247 Hodge, LA is 81,500, which is much lower than the US median value of 338,100. In the past year, the appreciation rate in 71247 Hodge has been 7.40%, which is slightly below the US average appreciation rate of 8.27%. Therefore, this indicates that the market for housing in 71247 Hodge may be less competitive than other parts of the country. Despite this, 71247 Hodge is an attractive place for prospective homeowners due to its relatively low cost of living and close proximity to larger cities like Shreveport.
The median home cost in Hodge (zip 71247) is $81,500. Home appreciation the last 10 years has been 40.8%. Home Appreciation in Hodge (zip 71247) is up 10.1%.
Average Age of Homes
- The median age of Hodge (zip 71247) real estate is 57 years old
The Rental Market in Hodge (zip 71247)
- Renters make up 38.5% of the Hodge (zip 71247) population
- 5.2% of houses and apartments in Hodge (zip 71247), 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.