The housing market in Iota, LA (zip code: 70543) is an attractive option for potential buyers. The median value of houses in this area is $151,400 which is significantly lower than the national median value of $338,100. Furthermore, the 1 year house appreciation rate for Iota is 9.19%, higher than the US average of 8.27%. This means that buyers have the potential to gain a return on their investment in a relatively short amount of time. Investing in housing in Iota, LA may be a good option for those looking for long-term returns and stability.
The median home cost in Iota (zip 70543) is $151,400. Home appreciation the last 10 years has been 40.3%. Home Appreciation in Iota (zip 70543) is up 12.5%.
Average Age of Homes
- The median age of Iota (zip 70543) real estate is 32 years old
The Rental Market in Iota (zip 70543)
- Renters make up 20.7% of the Iota (zip 70543) population
- 1.4% of houses and apartments in Iota (zip 70543), 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.