The housing in 70653 Merryville, LA has a median value of $91,400 which is significantly lower than the US median value of $338,100. Despite this, the one year house appreciation rate for the area is 6.09%, slightly less than the US 1 year appreciation rate of 8.27%. This indicates that prices and values in 70653 Merryville, LA are slowly increasing and could provide an opportunity for investors looking to buy or rent properties in this area.
The median home cost in Merryville (zip 70653) is $91,400. Home appreciation the last 10 years has been 54.1%. Home Appreciation in Merryville (zip 70653) is up 11.0%.
Average Age of Homes
- The median age of Merryville (zip 70653) real estate is 32 years old
The Rental Market in Merryville (zip 70653)
- Renters make up 21.0% of the Merryville (zip 70653) population
- 0.3% of houses and apartments in Merryville (zip 70653), 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.