The housing market in 70554 Mamou, LA is a bit of a mixed bag. On one hand, the median value of homes in 70554 is much lower than the national median at $87,700 compared to $338,100 respectively. However, the appreciation rate of homes in 70554 over the past year has been slightly higher than the national average at 9.19% compared to 8.27%. This indicates that while homes are more affordable here than nationally, they are also increasing in value more quickly than elsewhere.
The median home cost in Mamou (zip 70554) is $87,700. Home appreciation the last 10 years has been 40.3%. Home Appreciation in Mamou (zip 70554) is up 12.5%.
Average Age of Homes
- The median age of Mamou (zip 70554) real estate is 43 years old
The Rental Market in Mamou (zip 70554)
- Renters make up 40.2% of the Mamou (zip 70554) population
- 1.6% of houses and apartments in Mamou (zip 70554), 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.