The housing market in Laplace, LA (zip code 70068) is thriving. The median value of homes in the area is $182,500; significantly lower than the median value of homes in the US which is currently listed at $338,100. Furthermore, Laplace has experienced a 9.06% appreciation rate for housing over the past year while the US as a whole reported an 8.27% appreciation rate. This indicates that Laplace is outpacing the national growth rates for housing and suggests that it may be a good time to invest in the local market.
The median home cost in Laplace (zip 70068) is $182,500. Home appreciation the last 10 years has been 61.9%. Home Appreciation in Laplace (zip 70068) is up 12.3%.
Average Age of Homes
- The median age of Laplace (zip 70068) real estate is 32 years old
The Rental Market in Laplace (zip 70068)
- Renters make up 19.7% of the Laplace (zip 70068) population
- 2.7% of houses and apartments in Laplace (zip 70068), 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.