Zip 70605 (Lake Charles, LA) Housing

The median value of a home in 70605 Lake Charles, LA is $252,100, which is significantly lower than the US House Median Value of $338,100. In the past year, house appreciation in this area has been 6.09%, slightly lower than the national rate of 8.27%. Despite the lower median housing value and slightly slower appreciation rate compared to the US average, Lake Charles has seen consistent growth in its housing market since 2017 with an increasing number of buyers looking for affordable homes in the area.

The median home cost in Lake Charles (zip 70605) is $252,100. Home appreciation the last 10 years has been 54.1%. Home Appreciation in Lake Charles (zip 70605) is up 11.0%.

Average Age of Homes

- The median age of Lake Charles (zip 70605) real estate is 27 years old

The Rental Market in Lake Charles (zip 70605)

- Renters make up 26.0% of the Lake Charles (zip 70605) population
- 2.0% of houses and apartments in Lake Charles (zip 70605), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Lake Charles, Louisiana	United States
	17,788.0	139,647,020.0
	28	42
	$252,100	$338,100
	11.0%	16.6%
	27.8%	57.0%
	54.1%	101.1%
	$5.71	$10.98
	$1,426	$2,690
	65.6%	57.4%
	12.8%	11.2%
	21.5%	31.4%
Vacant Housing
	2.0%	1.9%
	0.5%	0.4%
	0.9%	0.7%
	0.4%	0.4%
	2.4%	3.6%
	6.7%	4.1%
Value of Owner-Occupied Housing
	0.7%	2.6%
	1.8%	2.4%
	2.1%	2.8%
	1.1%	3.9%
	3.1%	4.5%
	8.9%	11.3%
	18.0%	13.0%
	31.7%	20.1%
	16.8%	13.6%
	5.0%	8.3%
	7.6%	9.7%
	0.8%	3.9%
	1.2%	2.2%
	0.4%	0.8%
	0.5%	1.1%
Housing Units by Year Structure Built
	0.5%	0.2%
	21.2%	13.6%
	21.2%	13.6%
	17.3%	13.6%
	12.6%	13.2%
	14.9%	14.8%
	17.3%	13.6%
	7.2%	10.0%
	1.3%	4.7%
	1.5%	12.2%

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