Zip 70447 (Madisonville, LA) Housing

The housing market in Madisonville, LA (70447) is a positive one. The median value of homes in the area is $362,400 which is slightly higher than the US house median value of $338,100. Furthermore, the 1 year house appreciation rate in Madisonville is 11.36%, which is significantly higher than the US 1 year appreciation rate of 8.27%. This indicates that investing in real estate in Madisonville can be a great option for potential homebuyers and investors looking to make long-term gains from their purchase.

The median home cost in Madisonville (zip 70447) is $362,400. Home appreciation the last 10 years has been 53.3%. Home Appreciation in Madisonville (zip 70447) is up 14.5%.

Average Age of Homes

- The median age of Madisonville (zip 70447) real estate is 14 years old

The Rental Market in Madisonville (zip 70447)

- Renters make up 8.7% of the Madisonville (zip 70447) population
- 0.1% of houses and apartments in Madisonville (zip 70447), 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	Madisonville, Louisiana	United States
	5,861.0	139,647,020.0
	15	42
	$362,400	$338,100
	14.5%	16.6%
	36.8%	57.0%
	53.3%	101.1%
	$8.76	$10.98
	$2,751	$2,690
	88.8%	57.4%
	5.2%	11.2%
	6.0%	31.4%
Vacant Housing
	0.1%	1.9%
	0.0%	0.4%
	2.1%	0.7%
	0.1%	0.4%
	0.8%	3.6%
	2.1%	4.1%
Value of Owner-Occupied Housing
	0.1%	2.6%
	0.0%	2.4%
	0.5%	2.8%
	0.7%	3.9%
	0.0%	4.5%
	6.2%	11.3%
	5.7%	13.0%
	32.7%	20.1%
	29.5%	13.6%
	11.3%	8.3%
	8.6%	9.7%
	4.0%	3.9%
	0.1%	2.2%
	0.0%	0.8%
	0.6%	1.1%
Housing Units by Year Structure Built
	0.8%	0.2%
	42.5%	13.6%
	42.5%	13.6%
	10.7%	13.6%
	6.0%	13.2%
	1.1%	14.8%
	10.7%	13.6%
	0.3%	10.0%
	0.2%	4.7%
	3.5%	12.2%

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