Zip 71261 (Mer Rouge, LA) Housing

The housing market in 71261 Mer Rouge, LA is relatively affordable compared to the US average. The median value of a house in Mer Rouge is $70,900, while the US median value is $338,100. Despite being lower than the national average, the appreciation rate of homes in Mer Rouge has still been impressive over the past year at 7.40%. This is slightly below the national average of 8.27%, but still provides a great opportunity for those seeking to invest in real estate.

The median home cost in Mer Rouge (zip 71261) is $70,900. Home appreciation the last 10 years has been 40.8%. Home Appreciation in Mer Rouge (zip 71261) is up 10.1%.

Average Age of Homes

- The median age of Mer Rouge (zip 71261) real estate is 38 years old

The Rental Market in Mer Rouge (zip 71261)

- Renters make up 33.9% of the Mer Rouge (zip 71261) population
- 0.0% of houses and apartments in Mer Rouge (zip 71261), 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	Mer Rouge, Louisiana	United States
	953.0	139,647,020.0
	41	42
	$70,900	$338,100
	10.1%	16.6%
	24.0%	57.0%
	40.8%	101.1%
	$4.35	$10.98
	$199	$2,690
	45.6%	57.4%
	33.3%	11.2%
	21.1%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.6%	0.7%
	0.0%	0.4%
	11.9%	3.6%
	20.8%	4.1%
Value of Owner-Occupied Housing
	13.3%	2.6%
	10.6%	2.4%
	15.9%	2.8%
	23.4%	3.9%
	2.8%	4.5%
	25.7%	11.3%
	4.8%	13.0%
	1.4%	20.1%
	0.7%	13.6%
	1.4%	8.3%
	0.0%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	14.2%	13.6%
	14.2%	13.6%
	13.2%	13.6%
	9.4%	13.2%
	17.1%	14.8%
	13.2%	13.6%
	9.5%	10.0%
	6.8%	4.7%
	6.5%	12.2%

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