The median value of housing in Houma, LA (70363) is $129,800, which is significantly lower than the US median value of $338,100. Despite this gap, housing in Houma has experienced a 1 year appreciation rate of 10.21%, which is higher than the 8.27% rate for the entire United States. This positive trend indicates that home values are growing at a healthy pace in Houma and that now may be an ideal time to invest in real estate within the city.
The median home cost in Houma (zip 70363) is $129,800. Home appreciation the last 10 years has been 32.8%. Home Appreciation in Houma (zip 70363) is up 10.5%.
Average Age of Homes
- The median age of Houma (zip 70363) real estate is 40 years old
The Rental Market in Houma (zip 70363)
- Renters make up 25.0% of the Houma (zip 70363) population
- 0.7% of houses and apartments in Houma (zip 70363), 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.